What is SnapMD?
SnapMD operates within the domain registration service sector, providing a platform for individuals and businesses to acquire and secure their online presence. The company's core offering revolves around domain acquisition, aiming to empower clients in establishing or enhancing their digital footprint. SnapMD emphasizes user privacy and rights, coupled with a commitment to customer satisfaction, positioning itself as a reliable partner for digital identity management.
How much funding has SnapMD raised?
SnapMD has raised a total of $15.3M across 5 funding rounds:
Angel/Seed
$175K
Series A
$5.3M
Private Equity
$1.5M
Debt
$1.2M
Series B
$7.1M
Angel/Seed (2013): $175K with participation from Whittier Trust. and J.F. Shea Company
Series A (2016): $5.3M led by TYLT Labs
Private Equity (2016): $1.5M, investors not publicly disclosed
Debt (2017): $1.2M, investors not publicly disclosed
Series B (2018): $7.1M backed by TYLT Ventures, Whittier Ventures of South Pasadena, and Shea Ventures
Key Investors in SnapMD
TYLT Ventures
TYLT Ventures is a venture capital firm specializing in innovative companies poised for significant growth. They provide more than just capital, offering entrepreneurial experience and a hands-on approach to support their portfolio companies.
Whittier Ventures of South Pasadena
Whittier Trust is a multi-family office providing investment and wealth management services. They cater to families and foundations, offering expertise in investment management, trust services, and philanthropic advisory.
Shea Ventures
J.F. Shea Co. is a privately-held construction and real estate company with a long history dating back to 1881. They are involved in heavy construction, as well as commercial and residential construction projects.
What's next for SnapMD?
With the recent enterprise-level capital injection, SnapMD is poised for accelerated expansion and enhanced service offerings. The company's strategic focus will likely involve scaling its operations, further developing its domain registration technologies, and potentially exploring new avenues for digital identity solutions. This funding round is expected to fortify its market position and drive innovation in the competitive domain services landscape.
See full SnapMD company page
