Mobilibuy

Company Overview

Snapshot

Founded in November 2013 by Koby Danon and Moti Levy, Mobilibuy operates with 1–10 employees. The company has raised $550K across one funding round from one investor. In February 2014, Mobilibuy secured seed funding from Nielsen Innovate.

Business overview

Mobilibuy provides a Platform as a Service (PaaS) software platform that enables brands, retailers, and distributors to establish virtual stores. Its core technology transforms digital screens into storefronts, dynamically modifying product offerings based on location DNA, such as time, date, and shopper profile. This allows passersby to purchase desired products via smartphone through a two-step checkout process, serving the retail, online retailers, and eCommerce sectors.

Strategic signal

In April 2016, Mobilibuy's scan-and-buy technology garnered attention from the Nets, indicating potential for its virtual store solutions within the sports and entertainment industry. This signals the company's capability to adapt its retail technology to diverse market segments beyond traditional retail, suggesting broader applicability and validation of its innovative approach to consumer engagement and sales.

Company Intelligence Q&A

What is Mobilibuy's primary business?

Mobilibuy offers a PaaS software platform designed for brands, retailers, and distributors to create virtual stores. Its technology converts digital screens into dynamic storefronts, allowing customers to purchase products using their smartphones.

When was Mobilibuy founded and by whom?

Mobilibuy was founded in November 2013 by Koby Danon and Moti Levy.

What is Mobilibuy's total disclosed funding?

Mobilibuy has raised a total of $550K across one funding round, with the latest being a seed round in February 2014.

What market recognition has Mobilibuy received?

In April 2016, Mobilibuy's scan-and-buy technology caught the attention of the Nets, highlighting its potential in the sports business sector.