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Exit

Acquired byLivingSocial
Price$40M
Date3/2012

General Information

Websitejumponit.com
CategoryeCommerce
Phone800-586-766
Employees

Offices

HQ
AUS

Funding

TOTAL $5M
FUNDING TOTAL $5M
Venture Round, 11/2010
Groupon
$5M

Tags

Jump On It

Jump On It is an Australian start-up business, managed from its head office in Sydney’s lower North Shore. The motivating idea behind Jump On It is creating collective buying power in order to deliver savings to the individual.

Jump On It was founded by in late 2009, by three Australian serial internet entrepreneurs Colin Fabig (CEO), James Gilbert (Commercial Director) and Adam Rigby (COO). The business received its first round of funding in May via Nextec Capital from an investor group lead by Roger Allen of Allen and Buckeridge fame. Roger has taken on the role as non-executive chairman and another investor Peter James ( ex-CEO Adcorp) has joined the founders on the board.

Jump On It wants to share those “city insider” secret places, businesses, goods, and offers that you used to have to be “in the know” to hear about. It means great businesses and really cool stuff can now get the following they deserve. The company works hard to find these special businesses, amazing deals and secret spots so you can enjoy them - or spoil your friends by buying them as gifts.

Recent Milestones

Videos

Screenshots

Jump On It screenshot
Above: Jump On It Screenshot -- #1
Uploaded: 12/19/10

Sources

  1. LivingSocial swoops for Aussie start-up Jump On It (startupsmart.com.au) [edit]
  2. LivingSocial Spends $5M On Controlling Stake In Social Shopping Site JumpOnIt (techcrunch.com) [edit]
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Last Edited 10/21/13

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