# Voca AI

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

- Industry: Software
- Headquarters: New York, US
- Website: www.voca.ai
- Total disclosed funding: $2.6M
- Latest round: Seed (Dec 10, 2018)
- Investors on record: 2

## About

Voca AI Ltd. is a domain marketplace that offers a diverse selection of over 300,000 expert-curated brandable domains, focusing on modern extensions to enhance businesses' online identities.Founded in 2017, Voca AI Ltd. operates from New York, US. The company specializes in domain acquisition and branding services. In November 2020, Snap Inc. acquired the company for USD 70 mn from American Express Ventures and other investors. Einav Itamar leads the company as CEO.Voca AI specializes in providing a comprehensive suite of domain-related services through their marketplace, which features over 300,000 expert-curated brandable domains. Their core offerings include one-word domains with modern extensions like .ai, .io, and .xyz, aimed at enhancing online presence. The company also facilitates domain acquisition via managed contests, allowing collaboration with branding experts for unique naming ideas. Additionally, Voca AI supports businesses with AI-powered logo creation tools, naming and branding research, and trademark services. Their target customers span a range of industries, primarily focusing on startups and established businesses seeking to strengthen their brand identity, with services marketed globally in North America, Europe, and Asia.Voca AI generates revenue through direct sales of domain names and associated services, including premium pricing for high-value domains, with notable offerings priced at USD 39,888. The company operates on a commission structure for domain sales, allowing customers to promote their domains and earn a percentage upon successful transfer. Revenue is further enhanced through additional services like branding contests and trademark services, billed as standalone services. The firm’s business model emphasizes direct transactions with clients, ensuring a streamlined purchasing process and immediate access to desired products. The focus on AI-driven tools, such as brand alignment and logo creation, provides added value and fosters long-term partnerships with clients.Voca AI plans to leverage its recent acquisition by Snap Inc. to expand its product offerings and enhance its AI-driven solutions. The company aims to introduce new branding and domain services by the end of 2021 and is targeting expansion into emerging markets in Asia and Europe within the next two years. The funding received in November 2020 will be utilized to support these initiatives, enhance technological capabilities, and drive marketing efforts in new regions.

## Funding rounds

- Seed, Dec 10, 2018, $2.6M — lool ventures, Flint Capital

## Investors

- lool ventures (https://capitalatlas.ai/funds/lool-ventures) — Seed
- Flint Capital (https://capitalatlas.ai/funds/flint-capital) — Seed