Squadhelp has become a leading brand naming marketplace, connecting business owners and entrepreneurs with domain names listed for sales on its platform. Led by its CEO Darpan Munjal, Squadhelp has been innovating while sharing a great deal of helpful search and sales data and insights to customers and prospects.
This afternoon on Twitter, Hilco Digital Assets announced that it “closed a $10m investment as the lead strategic investor in SquadHelp.” Andrew Miller, Managing Director of Hilco Digital Assets, will take a seat on Squadhelp’s Board of Directors. The announcement did not mention the valuation of Squadhelp, nor did it mention whether other entities invested as well.
Here are the tweets from Hilco Digital Assets announcing the investment:
It is an exciting day at Hilco Digital Assets, as we continue to build a leading digital asset investment and advisory company and brand. Today, we closed a $10m investment as the lead strategic investor in SquadHelp, where @amiller325gd will be joining the Board of Directors.
— HilcoDigital (@HilcoDigital) March 23, 2023
SquadHelp is revolutionizing domain name transactions, branding, product testing, while leveraging advanced tech, crowdsourcing, and the cutting edge use of AI/ChatGPT. We are big believers in Darpan Munjal and his team.
— HilcoDigital (@HilcoDigital) March 23, 2023
We will be introducing a very strategic and important feature for ultra premium domain names on the platform this summer. There is feature story coming out next week on SquadHelp, which we cannot wait to share with everyone once it is published.
— HilcoDigital (@HilcoDigital) March 23, 2023
Lastly, a major, mega domain transaction announcement is forthcoming from us as well! #domains #domainnames #brands #digitalassets #AI #Chatgpt #branding #agency #producttesting
— HilcoDigital (@HilcoDigital) March 23, 2023
In addition to Hilco’s announcement, Squadhelp CEO Darpan Munjal also posted a series of tweets about the investment round. In his tweets, he shared some news about a new offering from Squadhelp related to “a game changing, one-of-a-kind ultra premium marketplace for top tier domains.”
Today marks an exciting milestone for https://t.co/3v0Iw71BJg in our pursuit to revolutionize the branding and naming industry.
I'm thrilled to announce a strategic investment of $10M from @HilcoDigital
— Darpan (@darpanmunjal) March 23, 2023
There is a massive opportunity in front of us and this investment will allow us to expand our team, accelerate the development of new game-changing offerings as well as significantly expand our overall Marketing Investments
— Darpan (@darpanmunjal) March 23, 2023
Also excited to announce a strategic partnership with @HilcoDigital to create a game changing, one-of-a-kind ultra premium marketplace for top tier domains.
Hilco's deep expertise with digital assets will provide immense strategic value to this partnership
— Darpan (@darpanmunjal) March 23, 2023
I would like to welcome Andrew Miller @amiller325gd to Squadhelp's Board. Andrew's deep experience with digital assets along with his strategic focus and relationships will be extremely valuable to our growth.
— Darpan (@darpanmunjal) March 23, 2023
Finally, a HUGE thanks to our team who has worked tirelessly over the last several years to continue to push the boundaries.
We have lot more to do, and I can't wait to share more updates on our progress in the near future🚀
— Darpan (@darpanmunjal) March 23, 2023
Totally awesome for SH , they can change the game in domaining and give more benefit for seller / buyers. Thank you Elliot for great sharing