Report: Invest.com Sold for $5 Million
Late last week, Forex Magnates reported that the Invest.com domain name was recently sold for $5 million to a company called Singulariteam. I do not see a confirmation of the sale from the company on its website, so this sale is unconfirmed. In its article reporting the sale of Invest.com, Forex Magnates reported that “An Israeli serial technology entrepreneur has invested over $5 million to buy the website domain, invest.com, in order to penetrate the forex industry.”
Current Whois records seem to indicate that a deal for this domain name may be underway. The registrant of Invest.com is listed as Escrow.com, and I presume that indicates the company is facilitating a deal for this domain name. I would reach out to Brandon Abbey, President of Escrow.com, but the company has a policy of not commenting on transactions done using the company’s services. Previously, the domain name had been registered under privacy since 2011.
DNJournal shows that Invest.com sold for just over $1 million in 2008, and this sale ranked as the seventh largest sale of 2008. Assuming this sale is confirmed and reported in DNJournal, it should rank as the second largest sale of this year, one place behind the $6.8 million sale of Z.com.
Interestingly, in 2012, the Investing.com domain name was sold for $2.45 million, and that sale ranked as the top public sale for 2012 in DNJournal.
The Forex Magnates report has quite a bit of additional information about the company that reportedly bought Invest.com, so check it out when you have an opportunity. Again, this sale is unconfirmed and may not be confirmed depending on the preferences of the buyer and the seller.
Thanks to George Kirikos for sharing this report on Twitter.
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