NameBio is the most comprehensive source of historical domain name sales data. The website was founded in 2006, and the website and database was acquired by Adam Strong in 2010. In 2015, Michael Sumner came on board as a partner, and many new features were launched. In 2019, NameBio began offering a more robust search experience for paying customers.
I recently learned that NameBio changed hands. Adam has retained a minority stake in the business and will remain an advisor with the company. Michael Sumner and Anuj Bahl will continue to operate NameBio, and they have brought on Kevin Ohashi. Financial details about the deal are not being shared.
Adam shared the reason behind the sale. “We see it as an excellent opportunity to grow the company with a new influx of capital, assets and talent that we didn’t have access to before,” he told me. Adam also commented on the future operations of NameBio. “Anuj has some great ideas on where to take NameBio moving forward,” he said. “Combining Michael and Kevan in the back-office will really springboard what Mike and I started. I can’t go into details, but I’m looking forward to working as an angel advisor with them as they grow to the next level.”
Anuj mentioned the reputation and audience of NameBio as two of the most important reasons he decided to acquire the business. NameBio’s data and technology are also assets that have been important to its utility and will play a key role in the growth of the company. Anuj told me that NameBio intends to leverage its comparable sales engine and combine it with unreleased AI technology in order to enhance functionality for users.
Most important, Anuj shared, is the team that will be working on NameBio going forward. In addition to working with Michael Sumner, NameBio will be bringing Kevin Ohashi on board. Here’s what Anuj shared with me about the team that will be operating NameBio:
“This is the most exciting part for me personally as I get to work and collaborate with some of the smartest and most successful minds in the industry. As many of you know Michael Sumner is the most versed and knowledgeable developer in the industry. He will be leading all development plans we have for NameBio. In addition, the brilliant Kevin Ohashi will be joining the team and working alongside Michael to further enhance NameBio’s development. Last but not least, veteran and uber-successful domain investor and businessman, Adam Strong, will stay on as an advisor. All three of these team members will have an equity interest in NameBio going forward. We will be looking to expand our team in the future as well.”
Michael Sumner has been responsible for the operations of NameBio, and he has been working with Anuj on other projects for quite some time. Michael shared some thoughts on the changes at the company:
“Anuj was one of NameBio’s earliest benefactors. Many of the features that have been added to the site in the past half-decade were made possible by his financial support, so it is fitting that he is now taking over the reins. I’ve been consulting for Anuj for several years, and I’m thrilled to now be a full-time member of his team. Anuj has an exciting vision for what NameBio can become and I look forward to building it with him, Kevin, and Adam.”
As a NameBio customer, I am also excited to see what the company has planned in the future. I use NameBio multiple times a day for many purposes, and enhancements to its offerings should be beneficial to my business.