Funding dailyLists

July 2021 Funded Startups and their domain name choices

Overview

Crunchbase numbers show that in the first half of 2021, global venture funding reached an all-time high with $288 billion invested. So far this year, a larger number of those venture-backed firms have gone public with a market capitalization greater than $10 billion, and 250 businesses have been added to the Crunchbase Unicorn Board, compared to 161 for the whole year of 2020. The board now counts 879 private companies with a combined value of nearly $3 trillion that have raised a total of $564 billion.

The majority of these numbers were driven by the solid first-quarter earnings for leading technology stocks. Both the S&P 500 and the Nasdaq composite index reached new all-time highs on July 2.


In the past 12 months, there has been a cavalcade of exits that in almost any year, prior to the last few, would have been among the largest exits in venture history by absolute dollars

Ben Savage of Clocktower Technology Ventures for Crunchbase

Global venture capital investment increased 61% in the first half of 2021, compared to the previous high of $179 billion in the second half of 2020.  This is an increase of 95% over the first half of 2020 when venture capitalists invested $148 billion worldwide.

According to Crunchbase statistics, global financing reached $61 billion in July 2021, matching the previous high established in June 2021.

In July, the trend of large financing rounds for Chinese autonomous driving firms continued, with three startups receiving $100 million or more for their work in ADAS and computer vision for automobiles.


Digitization of entire economies is driving new tech adoption, innovative business models, evolving consumer and enterprise behaviors. The pace of acceleration has actually picked up this year vs. last year

Hans Tung, managing partner at GGV Capital for Crunchbase News

Grails team has gathered a list of 788 funded startups in July 2021. Let’s have a closer look at 10 companies that have completed mega-rounds.

Namepicks

Olive

Olive is an Ohio-based startup that offers artificial intelligence workforce solutions for the health care business. The company passed a $4 billion valuation after closing a $400 million Series H funding round at the beginning of July 2021. Olive has raised a total of $856.3M in funding over 9 rounds. The startup operates on the Oliveai.com domain name. Financial services company olive® owns the .com.

PivotBio

Pivot Bio is an agricultural technology company that works to improve the microbiome by removing nitrogen from the air and redistributing it to plants. The startup raised $430 million in a Series D funding round on July 19, led by Breakthrough Energy Ventures and 11 other investors. Pivot Bio has raised a total of $616.7 million in funding over five rounds. The company has invested in the exact brand match domain name PivotBio.com.

Rivian

Rivian is a US-based electric car manufacturer that develops products and services to advance the shift to sustainable mobility. On July 23, the company announced that it closed a $2.5 billion private funding round led by Amazon’s Climate Pledge Fund, D1 Capital Partners, Ford Motor Company. Rivian has chosen the brand matching global domain name Rivian.com.

Flipkart

Flipkart is a Walmart Inc-owned shopping marketplace with a registered customer base of over 100 million. In July, Flipkart raised a mega-round of $3.6 billion from multiple investors, bringing the total close to $10 billion. The company has secured the exact brand match domain name Flipkart.com.

Revolut

Revolut is an EU-based financial services company focusing on mobile banking, card payments, money transfers, and foreign exchange. Nikolay Storonsky and Vlad Yatsenko founded the company in 2015 in London, UK. Revolut has raised a total of $1.7B in funding over 14 rounds, becoming Britain’s first digital bank unicorn. Their latest funding was raised on Jul 15, 2021, from a Series E round. The company is operating on the exact brand match domain name Revolut.com.

Wiliot

Wiliot is an Israel-based IoT startup that creates self-powered tags that can be affixed to products and packaging to collect a variety of data. The Wiliot Platform combines cloud services and IoT stickers, computing elements that can power themselves by harvesting radiofrequency energy. Wiliot raised $200M in Series C on July 28, bringing their total raised to $269 million in funding over 5 rounds. The brand has secured Wiliot.com, an exact brand match name with the global .com extension.

PsiQuantum

PsiQuantum aims to build the world’s first commercially viable quantum computer, powered by silicon photonics and quantum architecture breakthroughs. The startup reached Unicorn status with a total of  $665 million raised in funding over 6 rounds. Their latest round was closed on Jul 27, 2021, from a Series D round. PsiQuantum has a domain name exactly matching their brand name, PsiQuantum.com.

Redwood Materials

Redwood Materials creates electric vehicles and sustainable materials from recycled batteries for circular supply chains. On July 28 the company closed a $700 million investment round led by T. Rowe Price Associates. Redwood Materials is operating on the exact brand match domain RedwoodMaterials.com.

Verkor

Verkor is a French industrial company set to amplify battery cell production. At the beginning of July, the startup raised €100 million (approx. $118 million) in an undisclosed funding round that will be used on an R&D facility and pilot line for high-performance battery cells. Verkor.com is the domain name this startup has chosen to operate on, it is perfectly matching their brand name and the .com extension is what visitors intuitively lean towards when typing a web address.

Solarisbank

Solarisbank is a Banking-as-a-Service platform that allows other businesses to offer their financial services via APIs. The startup turned Unicorn after closing a $224 million Series D funding round on July 26. 21 investors fund Solarisbank. Ilavska Vuillermoz Capital and Yabeo Capital are the most recent investors. The company is operating on the exact brand match domain name Solarisbank.com.

Highlights

Five hundred and sixty-eight companies out of seven hundred and ninety-one operate on .com extension.

.IO and . AI are also popular extensions with fifty-one and twenty-four startups choosing them for their online presence respectively. Both extensions are popular among tech companies as they are associated with popular tech terms. 

Twenty-five companies operate on .CO extension, which has become widely accepted as an international domain representing “company” or “corporation”. 

Four hundred and thirty-five choosing exact brand match domain names. The majority of successful global brands use similar names that communicate trust and authority.

Twenty-nine startups used a dash in their domain name. Dashes are often included with two-word brand names or added words when the business has to compromise on their domain if the exact brand match name is taken/not within reach. 

DOMAIN EXTENSIONJuly 2021 Funded Startups using it
.com568
.co25
.ai24
.io51
.in38
.tech5
.co.in4
.de3
others75

Related reads

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Best startups you need to watch out for in 2021 by Cloudways

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What you can learn from Fortune 500 Companies and their domain name choices

Tsani Gramatikova

An extroverted introvert who enjoys reading, cooking and just chilling.

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