# TraceWorks A/S

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/traceworks-a-s

- Industry: Internet
- Headquarters: Vilnius, Lithuania
- Website: www.traceworks.com
- Total disclosed funding: $5.6M
- Latest round: Series A (May 8, 2007)
- Investors on record: 2

## About

TraceWorks A/S specializes in enhancing brand visibility through domain name services, offering premium domains, trademark support, and AI-driven branding solutions to businesses worldwide.Founded in 2002 and headquartered in Vilnius, Lithuania, TraceWorks A/S provides domain name services to enhance online brand identity. The company has undergone a business strategy focusing on premium domain offerings. It has completed three deals, with the latest financing occurring on January 20, 2009, from Nordic Venture Partners, raising EUR 2.50 mn, which represents the total amount raised to date.TraceWorks primarily offers a comprehensive suite of domain name services aimed at enhancing brand visibility and identity for businesses. Their core product offerings include the sale of premium domain names, expert branding and naming contests, trademark services, and AI-driven name generation tools. The platform allows users to explore over 300,000 brandable domain options, focusing on modern extensions like .ai, .io, and .xyz. Additionally, clients can engage with branding experts to launch contests for unique name ideas, thereby providing tailored solutions for businesses seeking to establish a robust online presence. The company serves a diverse client base that includes startups, established enterprises, and entrepreneurs across various geographical markets, including North America, Europe, and select regions in Asia and Australia.In the most recent fiscal year, TraceWorks reported a revenue of EUR 163,043.90 with an EBITDA of EUR -47,835.60. The company generates revenue through direct sales of premium domain names and associated services such as trademark filing and branding contests. The transaction structure typically involves clients purchasing domain names directly through the Atom.com marketplace, with secure transactions processed via an independent escrow service. The pricing model reflects the value of domain names based on extensive data analytics, and the typical sales process includes instant purchase options for clients. Furthermore, TraceWorks offers services like AI-powered logo creation and brand alignment tools that complement their domain offerings, creating additional revenue streams.TraceWorks A/S is focused on expanding its product offerings by launching new branding tools and services designed to enhance the user experience. The company aims to enter new geographic markets, specifically targeting regions in Asia and Australia by the end of 2024. The funding received in January 2009 from Nordic Venture Partners will be utilized to support these initiatives and enhance their service delivery capabilities.

## Funding rounds

- Series A, May 8, 2007, $5.3M — Nordic Venture Partners
- Seed, Nov 1, 2003, $0.3M — SDTI

## Investors

- SDTI (https://capitalatlas.ai/funds/sdti) — Seed
- Nordic Venture Partners (https://capitalatlas.ai/funds/nordic-venture-partners) — Series A