Employee leave startup Cocoon has made the move to a better domain. But, it’s not the first time that Cocoon.com has caught the eye.
From late 2019 to mid 2021, Cocoon.com was operated by a subscription social media app called Cocoon. The startup, created by two former Facebook employees, raised $3 million in seed funding.
Cocoon charged $4 per month for access to its closed social app. In August 2021, TechCrunch announced that newsletter subscription service Substack had acqui-hired the team behind Cocoon.
Substack didn’t acquire the Cocoon app or infrastructure. This, then, seemingly left the Cocoon.com domain redundant.
Now, though, Cocoon.com has a new home, in news spotted by Jamie Zoch. The domain is now operated by Cocoon Financial Services Inc., a startup tackling the complicated realm of employee leave benefits.
Founded in 2020, Cocoon has built early momentum with $25.5 million in funding raised to date, including a $20 million Series A round that coincided with news that Cocoon was launching in all 50 US states.
Cocoon.com is a direct upgrade from the company’s existing MeetCocoon.com domain.