# WEsport Technology

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

- Industry: Education/Training
- Headquarters: Beijing, China
- Website: www.wesport.net
- Latest round: Angel (Nov 8, 2018)
- Investors on record: 1

## About

WEsport Technology Ltd. is a digital services firm specializing in domain name registration, particularly the domain wesport.net, catering to businesses of all sizes seeking robust online identities.Founded in 2015 by Taozhi Li, WEsport Technology Ltd. operates from its headquarters in Beijing, China. The company focuses on domain name registration services and has successfully completed two deals, with the most recent deal occurring on November 8, 2018, when it raised an undisclosed amount of Angel funding from returning investor Edbeta Fund.WEsport Technology Ltd. primarily offers domain name registration services through the sale of the domain wesport.net. This product appeals to a wide range of customers, including individual entrepreneurs, small to medium-sized enterprises, and larger corporations seeking to establish their online presence. The service ensures a smooth and secure transfer process for clients, whether they opt to purchase the domain outright or choose installment payments. The end use case for this domain revolves around providing clients a unique online identity that is vital for branding, marketing, and online visibility. The company serves customers predominantly in North America and Europe, catering to the diverse needs of businesses looking to enhance their digital footprint in these competitive markets.Revenue generation for WEsport Technology Ltd. is derived from the direct sale of domain names, particularly the flagship domain wesport.net, priced at USD 10,000. The transaction structure typically involves a straightforward purchase process, where clients can either buy the domain outright or negotiate payment plans that suit their financial capacity. The domain transfer process is designed to be fast, easy, and secure, allowing for a seamless transition for the client. Additional revenue may be generated through ancillary services such as domain security and 24/7 customer support, enhancing the overall value proposition for consumers in the domain marketplace. These services complement the core offering, ensuring customer satisfaction and loyalty among a diverse client base.WEsport Technology Ltd. is focused on expanding its product offerings and geographic reach. The company plans to launch new domain-related services in the upcoming year to attract a broader customer base. WEsport intends to penetrate additional markets in Asia and Latin America by the end of 2025, leveraging recent funding to streamline operations and marketing efforts. The Angel funding raised in November 2018 will be utilized to support these initiatives, enabling effective development and expansion strategies.

## Funding rounds

- Angel, Nov 8, 2018 — Edbeta Fund
- Seed, Jan 3, 2016 — Edbeta Fund

## Investors

- Edbeta Fund (https://capitalatlas.ai/funds/edbeta-fund) — Seed, Angel