.IO Is On Fire In The Startup World – Tuition.io and Test.io each raised $5M This Week

I have written about the popularity of .IO in the startup world many times before, and this week has highlighted just how hot .IO with both Test.io and Tuition.io raising $5M each yesterday. Yes, two startups who branded on . IO raising $5M on the same day. So what do each of these companies do? Let’s go a bit deeper to understand why they choose .IO and what they do.

Test.io

Test.io combines software testing with crowd sourcing to help accelerate the process of finding and squashing bugs. With clients like Garmin, BMW, Red Bull and many more it is clear that the solution is working and growing. I see .IO as a great fit here since this extension has been hot with the software development community and Test.io is all about finding software bugs.

Tuition.io

Tuition.io does something very interesting that makes sense given the current state of our University and student loan system. The company makes it easy for employers to offer student loan contributions as an employee benefit. According to their website 70% of University graduates carry student loans, and given how expensive schools are getting, I’d imagine these aren’t small loans.

If you want to learn more about .IO and the insane growth it has seen in 2015 take a look at this article from the folks over at Park.io. Huge congrats to both Test.io and Tuition.io, looking forward to following their growth!

{ 6 comments… add one }

  • Caesars Web November 19, 2015, 11:06 am

    .IO is fantastic, it attracts really high quality websites because of its price. Just look at the top site here, it all quality long term businesses. Usually tech oriented and trendy.

    Reply
  • Leonard Britt November 19, 2015, 12:23 pm

    When I see a company using. Net I recognize it is probably a small business. If they use. Org probably a charitable organization. If they use. Tv probably a video – oriented site. If they use. IO to me it seems like the founders are clueless about branding.

    What do toy think the general public “s perception is about a business operating on. IO?

    I am not saying spend 50% of your funding on a domain name. However consider the branding benefit of a suitablename and how that one – time acquisition cost compares to other business expenses.

    Reply
  • Silvio November 19, 2015, 12:40 pm

    Congo.io isn’t good enough, it led the owners of the Online directory of “Chicago area” legal services, to level ultimatums against the holder of Congo.com by saying “We’ll pay $3000 for congo.com and not a penny more”.

    Congo.io says the money they’ll save by never paying more than $3000 for a premium dot com will develop the systems their customers are asking for. As if citizens of Chicago with upcoming heroin, domestic battery, and traffic court cases use their spare time software testing and making recommendations to improves the congo.io platform, which features a Live Video Chat service for lawyers and defendants. So much for Attorney-Client Privilege. Congo.io will eavesdrop on every private video-chat and exploit participants on both sides, that I can tell you.

    Reply
  • Mike November 20, 2015, 9:49 pm

    Thanks for the mention! And you are right, .io is on fire – for example, check out Domain Holdings Q3 report published today:

    “…we have notice a growing trend with gTLD’s such as .io constituting a larger share of our business. In a one certain case, we sold a notable 1-word .io domain name in the high five-figure range to an end user. The .io extension in particular seems to be gaining more momentum.”

    http://www.domainholdings.com/domain-holdings-q3-report-2015/#.Vk_bInarS00

    Reply
  • Tim Mayeur November 23, 2015, 10:33 pm

    Couldn’t agree more about .io —- seeing a lot of action on my CLASSES.IO Auction currently live on Flippa (No Reserve). https://flippa.com/5713249

    Reply
  • Sebastien Staub April 1, 2016, 4:46 pm

    I agree !! Sold Tablet.io last week made $700 on the fly. I have some great .IO 00 – Secure them premium domains -https://flippa.com/users/952616

    Reply

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