Neighbor.com Acquired by Neighbor

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In April of this year, I submitted an offer to buy Neighbor.com. At the time I made my offer, Neighbor.com was forwarding to the LunchBots.com. LunchBots are neat, stainless-steel food storage containers that are particularly helpful for sending lunch to school with children. The founder of LunchBots was the registrant of Neighbor.com, and she was using Neighbor.com to send traffic to LunchBots’ website.

When I made my purchase offer, I was told the price to buy Neighbor.com was $300,000 and the figure was non-negotiable. This was beyond what I would pay for the domain name, so I passed on the opportunity. I just learned that Neighbor.com sold recently. Unfortunately, the former owner declined to disclose the final sale price.

Neighbor.com was acquired by Neighbor, “a peer-to-peer storage company that connects hosts with unused space to renters in need of affordable storage.” Since the company was founded in 2017, Neighbor has raised $4.1 million in funding, according to CrunchBase.

Prior to the acquisition, the company used the more wordy StoreWithNeighbor.com domain name for its website. Obviously, getting Neighbor.com was a smart move for many reasons, particularly to help establish trust and for email deliverability. It is also much easier to direct people to Neighbor.com than to StoreWithNeighbor.com.

If I am able to learn the actual sale price for Neighbor.com, I will post an update. If the domain name sold in the $300k range, it would be one of the top 30 public domain name sales of 2018.

6 COMMENTS

  1. $300,000 would be a huge chunk of their funding, so I’d be surprised if they paid that much given funds raised. Unless they raised a lot more and haven’t announced it yet (which is quite possible).

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