Icon CEO Kennan Davison revealed in a LinkedIn post that his company spent $12 million to purchase the exact match domain name for their product that uses artificial intelligence.
Icon.com sale was made by Andrew Miller from ATM Holdings and Hilco Digital Assets, representing the seller, and by Lumis, a digital asset company, representing the buyer.
In his post Kennan Davison introduced Icon.com with the explanation below:
Introducing Icon, the world’s first AI CMO (Chief Marketing Officer): it can plan, create, & run 1000s of winning ads end-to-end.
We’re backed by Peter Thiel’s Founders Fund & execs of frontier AI labs like OpenAI (ChatGPT), Cognition, & Pika.
He also states that he wants to deliver insane value to their customers and to create generational wealth for his team & investors.
This eight figure sale will be taken in the list of the most expensive publicly reported domain name sales.
