# Tiv

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tiv

- Industry: Financial Services
- Headquarters: Chicago, US
- Website: www.tiv.co
- Total disclosed funding: $3.5M
- Latest round: Seed (May 25, 2021)
- Investors on record: 2

## About

Tiv Inc. is a domain name acquisition and leasing company that provides a secure transaction platform for customers seeking premium domains, including tiv.co, available for direct purchase or lease.Founded in 2020 in Chicago, US, Tiv Inc. specializes in domain name services. The founders, JP Pillat and Jed Strong, have a background in digital ventures. The company secured seed funding of USD 3.5 mn on May 25, 2021, led by 4490 Ventures and Silverton Partners, raising the total amount to USD 3.5 mn.Tiv.co specializes in providing domain name acquisition and leasing services, focusing on a straightforward and secure transactional experience for customers. Their core product offerings include the sale of premium domain names, such as the domain tiv.co, which is available for immediate purchase at a price of USD 4,911 or through a lease-to-own option priced at USD 226 per month. The company's services cater to a diverse clientele, including entrepreneurs, small and medium-sized enterprises, and individuals looking to establish an online presence. Tiv.co operates in various geographic markets, targeting customers primarily in North America, Europe, and other regions where digital business activities are rapidly expanding. The end-user experience is enhanced by their commitment to secure payments and seamless transaction support, ensuring that customers can easily navigate the process of acquiring a domain name.The revenue model for Tiv.co is structured around the direct sale and leasing of domain names, providing a clear framework for transactions with clients. Customers can choose to purchase a domain outright or opt for a lease-to-own arrangement, creating a flexible pricing strategy that appeals to different segments of the market. For instance, a customer interested in the domain tiv.co may decide to proceed with the full payment of USD 4,911 or select the leasing option, which allows for manageable monthly payments. This model not only facilitates immediate revenue generation through direct sales but also establishes a recurring revenue stream via lease agreements. The transactional structure is primarily B2C, emphasizing direct engagement with end-users who seek to secure valuable online assets.Tiv Inc. plans to utilize the funding raised in May 2021, amounting to USD 3.5 mn, to grow its marketing and engineering teams. The company is focusing on expanding its offerings with new products aimed at enhancing the domain acquisition experience. Additionally, Tiv Inc. is targeting growth in new geographic markets, particularly in North America and Europe, to capitalize on the increasing demand for digital asset ownership. Specific timelines for launching these initiatives are yet to be detailed, but the company aims to leverage its recent funding to support these strategic goals.

## Funding rounds

- Seed, May 25, 2021, $3.5M — Silverton Partners, 4490 Ventures

## Investors

- Silverton Partners (https://capitalatlas.ai/funds/silverton-partners) — Seed
- 4490 Ventures (https://capitalatlas.ai/funds/4490-ventures) — Seed