Squadhelp, a leading naming and domain name sales platform, has recently secured $10 million in funding to expand its services. The funding round was led by WRVI Capital, with participation from existing investors including Squadhelp’s co-founders Darpan Munjal and Vikram Chalana.
Squadhelp was founded in 2011 with the goal of helping businesses find the perfect name for their brand. The platform uses a crowdsourcing model, where users can submit name ideas and receive feedback from a community of branding experts. This approach allows businesses to access a wide range of creative ideas and perspectives, ultimately leading to a more effective and memorable brand name.
In addition to its naming services, Squadhelp also offers a marketplace for buying and selling premium domain names. This allows businesses to find the perfect domain name for their brand, without having to navigate the often complex and expensive world of domain name sales.
With the new funding, Squadhelp plans to expand its platform and services even further. This includes investing in new technology to improve the user experience, as well as expanding its team of branding experts and domain name brokers.
“We’re thrilled to have the support of WRVI Capital and our existing investors as we continue to grow and evolve our platform,” said Darpan Munjal, co-founder of Squadhelp. “Our goal is to make it as easy as possible for businesses to find the perfect name and domain name for their brand, and this funding will help us do just that.”
The naming and branding industry is a rapidly growing market, with businesses of all sizes recognizing the importance of a strong brand identity. By providing an accessible and affordable platform for finding the perfect name and domain name, Squadhelp is well-positioned to capitalize on this trend.
Overall, the $10 million funding round is a significant milestone for Squadhelp, and a testament to the company’s innovative approach to branding and domain name sales. As the platform continues to expand and evolve, it will undoubtedly play an increasingly important role in helping businesses build strong and memorable brands.
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