Troglo has raised an undisclosed amount, according to Crunchbase recent fundings. Troglo is a UK-based startup aiming to redesign sexual and reproductive healthcare. The company’s primary goal is to build a digital sexual health monitoring platform and companion services that will provide tailored monitoring tools and sexual health resources for LGBTQIA+ individuals.
Up to now, Troglo has raised a total of $157.1K in funding over three rounds, funded by four investors, with Globivest and Techstars being the most recent ones.
The company is using an exact brand name .io domain extension. This ccTLD (Internet country code top-level domain) is assigned to British Indian Ocean Territory but has become very popular among tech and SaaS startups as it’s similar to the abbreviation I/O ( input/output), which is a commonly used term in the tech world. You can check out this research by SmartBradning analyzing the Fastest Growing Companies in the World (by Growjo). It seems like many new brands who don’t want to compromise on their choice of the brand name but don’t have the capital yet to secure a matching .com, go for country extensions or added words and upgrade their brands later when their concept is proved and they have a better cash flow.