Overview

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Status
The Point has been closed
Total Equity Funding
$7.3M in 2 Rounds from 1 Investor
Headquarters:
Chicago, IL
Description:
The Point is a website helping individuals to find solutions for issues collectively.
Founders:
Website:
http://www.thepoint.com
Social:

Company Details

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The Point is a website for organizing group actions. Its goal is to help people congregate around the issues they care about and combine forces to make things happen.

Participants take action to solve their problem, but only once a critical mass of people have committed such that the combined force will "tip" the issue. The Point helps you know in advance whether your participation will make a difference.

The company changed its name and focus in 2009 and became Groupon.

Funding Rounds (2) - $7.3M

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DateAmount / RoundValuationLead InvestorInvestors
Feb, 2008$4.8M / Series A1
Nov, 2007$2.5M / Angel0

Investors (1)

InvestorRound(s)Partner(s)
Series A (Lead)-

Competitors (2)

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  • Ark.com is a search engine enabling users to search for old classmates, new business contacts, and friends.
  • MobIncentive.com allows users to set up an idea and then other people contribute to the idea in order to get the idea funded.

Offices/Locations (1)

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  • Office

    600 W Chicago

    Suite 830

    Chicago, IL 60622

    USA

Past Team (2)

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Images (1)

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