This effective business name was based on the word "squad".
Squadlo has seven letters and only two syllables. Two-syllable names are extremely rare and extremely prestigious. Leading companies using two syllable names include Disney, Lego and YouTube.
Squadlo.com is a dot com domain. Dot com domains are the most sought after top-level-domain in the world, used by famous websites like google.com. Owning a dot com says that you own the word "squadlo" online.