Creating the right name for a brand can be very difficult, as launching a startup is not easy enough. It's important to choose a perfect name for your brand because it's often the first thing that potential customers will see or hear about your business.
Your brand name is the face of your business. Brand recognition, differentiation, and emotional connection are very important when you are trying to come up with a name for your startup. That's where SquadHelp comes in, a tech startup and provider of an online platform that helps entrepreneurs and business owners find the perfect name, logo, slogan, and other branding elements for their businesses.
In just over a decade since its inception, Squadhelp has become the world's 1 naming platform for founders and entrepreneurs to find the perfect name for their startups. Squadhelp is used by over 18,000 companies in the world to help come up with a name for their brand, business, product, or service.
Squadhelp, founded in 2011 by Darpan Munjal, offers a wide range of branding and branding services to a community of more than 100,000 creatives from around the world. With the popularity of ChatGPT, Squadhelp tapped into a name-generation tool powered by GPT-3 to generate brand names for business. The company claims to have over 150,000 premium domain names in its marketplace.
Squadhelp has been bootstrapping for over a decade. The company raised its first outside investment to grow its platform.
In a post on Twitter, CEO Darpan announced that Squadhelp has closed a $10 million strategic investment led by digital asset broker Hilco Digital. Darpan said that the cash infusion would help expand our team, expand our team, and increase our Marketing Investments, as well as speed up the development of new game-changing offerings. In addition to the funding, Squadhelp also announced a strategic partnership with HilcoDigital to create a one-of-a-kind ultra premium marketplace for top tier domains. The funding agreement says that Andrew Miller, a longtime fixture in the domain business and a member of Hilco Digital, will join the board of directors.
The Illinois-based startup has about 75 employees, according to RocketReach.