Company Overview
Snapshot
Founded in March 2015 by Eran Alon, Yaron Saghiv, Noa Moscati, and Avigur Zmora, Funzing operates with 11–50 employees. The company has raised $1.5 million across one funding round from Inimiti. In July 2015, Funzing secured its seed funding round.
Business overview
Funzing operates a social marketplace that facilitates local experiences, enabling users to share their creativity and passions. The platform allows individuals to become hosts and create unique activities, fostering a community-driven environment for various events and hobbies. Funzing serves consumers in the United Kingdom and Israel, operating within the retail platforms, media & entertainment technologies, and digital content distribution sectors.
Strategic signal
In June 2018, Funzing expanded its offerings by introducing a gift card that provides access to a wide array of experiences across London, ranging from beer tasting to bungee jumping. This move signals a strategic effort to broaden market reach and enhance user engagement by providing flexible access to its diverse marketplace of activities, positioning the company for increased consumer adoption and gift-giving market penetration.
Company Intelligence Q&A
- When was Funzing founded?
- Funzing was founded in March 2015.
- What is Funzing's primary business model?
- Funzing operates on a B2C business model, connecting individuals directly with local experiences and activities.
- Which markets does Funzing primarily serve?
- Funzing primarily serves the United Kingdom and Israel.
- What was a key product development for Funzing in 2018?
- In June 2018, Funzing launched a gift card offering access to various experiences across London, from beer tasting to bungee jumping.
- Who were the co-founders of Funzing?
- Funzing was co-founded by Eran Alon, Yaron Saghiv, Noa Moscati, and Avigur Zmora.