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Palo Alto-based Nitrio, Inc. runs a platform for buying, leasing and making offers on premium internet domain names.
Founded in 2014 and headquartered in Palo Alto, US, Nitrio, Inc. operates a domain purchase platform for premium, already registered domains, with secure payment processing and buyer protection. Clients include individual entrepreneurs, small businesses and larger enterprises. Sellers pay listing fees, buyers pay no extra charge, and a Lease-to-Own plan offers monthly installments. In September 2016 the company raised USD 2.51 million in Seed funding from Illuminate Ventures, Innovation Endeavors and Pear VC, across two deals, at a valuation of USD 9.68 million.
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