What is Quirky?
Quirky.com operates in the digital asset space, focusing on the sale of premium domain names. The company emphasizes the critical role of a strong online identity in establishing trust and credibility with customers. By offering high-value domain names, Quirky aims to provide businesses with a foundational element for their brand, noting that such digital assets often appreciate in value over time, presenting them as a strategic investment for companies seeking to enhance their online presence and market authority.
How much funding has Quirky raised?
Quirky has raised a total of $186.7M across 8 funding rounds:
Private Equity
$1.3M
Other Financing Round
$1.3M
Series A
$6M
Private Equity
$5M
Series B
$16M
Series C
$68M
Series D
$79M
Debt
$10M
Private Equity (2009): $1.3M with participation from Arizona Bay Technology Ventures
Other Financing Round (2009): $1.3M led by Arizona Bay LLC
Series A (2010): $6M supported by Village Ventures, RRE Ventures, Lowercase Capital, and Contour Venture Partners
Private Equity (2011): $5M, investors not publicly disclosed
Series B (2011): $16M backed by RRE Ventures and Norwest Venture Partners
Series C (2012): $68M with participation from Kleiner Perkins Caufield & Byers, Andreessen Horowitz, RRE Ventures, and Norwest Venture Partners
Series D (2013): $79M led by Kleiner Perkins Caufield & Byers, General Electric, RRE Ventures, Norwest Venture Partners, and Andreessen Horowitz
Debt (2014): $10M supported by Andreessen Horowitz, RRE Ventures LLC., and Norwest Venture Partners
Key Investors in Quirky
RRE Ventures
RRE Ventures is a venture capital firm dedicated to supporting founders at critical stages of their business journey. The firm invests in a diverse portfolio of startups, focusing on long-term partnerships with entrepreneurs.
Norwest Venture Partners
Founded in 1961, Norwest Venture Partners is a global, multi-stage venture capital and growth equity investment firm. The company is headquartered in Palo Alto, California with offices in India and Israel.
Kleiner Perkins Caufield & Byers
Kleiner Perkins is a Menlo Parkbased venture capital firm that raises dedicated funds and invests in early and growthstage technology and lifescience companies, backing founders across consumer, enterprise, healthcare, and climate/hard tech with capital and operational support from seed through IPO or acquisition.
What's next for Quirky?
The recent major strategic investment suggests Quirky is poised for a significant scaling phase. This influx of capital, coupled with the strategic nature of the financing, indicates a focus on expanding market reach, enhancing platform capabilities, or potentially pursuing strategic acquisitions. The company's trajectory points towards solidifying its position as a key player in the premium domain name market, leveraging its established brand and the increasing importance of robust online identities for businesses.
See full Quirky company page
