# URX

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.urx.com
- Total disclosed funding: $15M
- Latest round: Series A (Apr 28, 2014)
- Investors on record: 12

## About

URX is a digital platform specializing in premium domain name services, providing businesses with the tools to strengthen their online identity through high-quality, memorable domain options.Founded in 2013 and headquartered in San Francisco, US, URX focuses on domain-related services, particularly premium domains. The company was acquired by Pinterest in May 2016, although financial terms were not disclosed. Wahab Owolabi is the founder, with Paul Urick serving as the CEO. URX has successfully completed four deals, with its latest funding round being a Series A of USD 12.00 mn led by Accel, bringing its total raised amount to USD 12.00 mn and current valuation to USD 40.00 mn.URX, through its platform Atom.com, offers a comprehensive suite of services designed for businesses seeking a prominent digital presence. Its core offerings include premium domain names with a focus on one-word and three-letter domains, which are highly brandable. URX.com targets startups in sectors such as technology, marketing, and logistics. Additional services offered include trademark validation, audience research tools, and AI-driven branding resources, with access to over 300,000 expert-curated domains including modern extensions like .ai and .io.URX generates revenue from the sale and transfer of domain names, supported by services such as trademark registration and branding assistance. Revenue comes from direct sales, where clients purchase premium domains either outright or through installment plans. This model allows clients to secure domains like URX.com, with payment options that include immediate payment or structured installments. Annual renewal fees for domain names contribute further to revenue, typically around USD 10 per year for .com domains, differing with various extensions.URX aims to enhance its offerings with new products focused on branding tools and domain management, with plans to introduce these features in upcoming quarters. The company is also looking to expand its market presence into Europe and Asia by 2024. Funding from the Series A round will be utilized to support product development and market expansion initiatives. The acquisition by Pinterest in May 2016 will likely provide additional synergies for growth.

## Funding rounds

- Series A, Apr 28, 2014, $12M — Accel, First Round Capital, GV, SV Angel
- Seed, Oct 8, 2013, $3.1M — Greylock Partners, First Round Capital, GV, Betaworks Ventures Management, SV Angel, Maverick Capital, Tuesday Capital, CyberAgent Capital, Plug and Play, Fuel Capital
- Seed, Jun 1, 2013 — Y Combinator

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Greylock Partners (https://capitalatlas.ai/funds/greylock-partners) — Seed
- First Round Capital (https://capitalatlas.ai/funds/first-round-capital) — Seed, Series A
- GV (https://capitalatlas.ai/funds/gv) — Seed, Series A
- Betaworks Ventures Management (https://capitalatlas.ai/funds/betaworks-ventures-management) — Seed
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Seed, Series A
- Maverick Capital (https://capitalatlas.ai/funds/maverick-capital) — Seed
- Tuesday Capital (https://capitalatlas.ai/funds/tuesday-capital) — Seed
- CyberAgent Capital (https://capitalatlas.ai/funds/cyberagent-capital) — Seed
- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Seed
- Fuel Capital — Seed
- Accel (https://capitalatlas.ai/funds/accel) — Series A
