Ada (.Support) Has Raised Over $60m in Funding

Whenever I see a TechCrunch tweet mentioning a large fundraising round for a company with a short and/or generic-ish brand name, I immediately focus on the domain name used by the company. This morning, TechCrunch published an article about a company called Ada, which announced a $44 million Series B funding round:

The company’s Crunchbase profile shows that it had previously raised $16.6 million in funding, so it would appear that this company has now raised over $60 million in total funding to date.

A quick glance at the article showed that Ada operates on the Ada.Support domain name. Ada also owns the AdaSupport.com domain name, and the company forwards the .com to the .Support domain name. My guess is that this was done because of the company’s branding of Ada rather than Ada Support.

Notably, on the CB profile page, the company is called Ada Support, but on its website, it is referred to as Ada. In looking at Archive.org, this would appear to be a branding change as the company was called Ada Support in the past.

Ada.com is owned by a different company, also called Ada, which “is a global health company.” Because of the differences in offerings, the chatbot company probably doesn’t have to worry all that much about customer confusion over the two brands.

Elliot Silver
Elliot Silver
About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has closed eight figures in deals. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest. Reach out to Elliot: Twitter | Facebook | LinkedIn

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Recent Posts

Squadhelp Adds Escrow.com as a Payment Option

1
Squadhelp has added Escrow.com as a payment option for buyers. The addition of the Escrow.com option was shared by ARIYAS on X this morning: 👍...

Some Thoughts on .AI Domain Names

15
There is no question that .AI domain names have become a hot topic of late. With considerable amounts of venture funding flowing into AI...

Handoff to Dan on Imported Leads Can be Confusing

0
I've been using the lead import option at Dan.com more regularly. Although the 5% commission is not ideal, transactions tend to move more quickly...

ArtificialIntelligence.com Goes Up for Sale

11
I tried to buy the ArtificialIntelligence.com domain name multiple times over the last 10 years. The emails I sent to the registrant went unanswered,...

EU Gives More IP Protection to Food & Drink Producers

0
Did you know that some well-known food and drink varieties are protected intellectual property regulations? Popular types of drinks and foods that are protected...