|Seed, 4/2011 ||$50k|
|Angel, 5/2011 ||$950k|
|Angel, 1/2012 ||$1.75M|
Imagine you’re standing at a checkout, holding what you want in your hand.
Someone offers you a discount. You take it - right?
That’s what Flubit does: creates better offers for people on things they’ve decided to buy.
Flubit is a new, demand-driven marketplace that turns online shopping upside down. We’ve created a platform for users to demand the exact products they need and want, and we create a unique offer just for them through our nation-wide registry of retailers.
We believe in consumer emancipation. We don’t believe in stuffing inboxes with offer after offer for products people don’t want - we believe in creating real offers for things they’ve already decided to buy.
We also don’t believe in crushing retailers with 50 or 80 per cent commissions.
By abandoning the traditional commission-based model and replacing it with a 21st-Century approach, Flubit delivers real online sales to retailers and real offers to online shoppers at the same time.
We let our users voice their demands, and turn those demands into sales for our retailers.
Launched by Bertie Stephens and Adel Louertatani in April 2011 as the world’s first true demand-driven marketplace, Flubit.com is set to re-launch in September 2012.
With offices just off Hoxton Square in London, Flubit is backed by a group of private investors including Patrick Perez, former CEO & Chairman of Neuron Data/Blaze Software and Erik Fullstrom as an advisor and seasoned technology start-up investor.
Shopping Online? Before you buy it, Flubit.Added: 8/25/12