Company Overview
Snapshot
Founded in January 2014 by Gilad Brovinsky, Shopiz operates with 1–10 employees. The company has raised $3.5M across two funding rounds from three investors. In February 2017, Shopiz secured seed funding from investor Ron Zuckerman.
Business overview
Shopiz provides an e-commerce and social platform that integrates group discounts with cashback incentives, enabling users to purchase products collectively at reduced prices. The platform allows users to initiate purchasing groups and share them, facilitating relevant offers from partner stores and sellers as consumer interest in a product discount grows. Shopiz operates within the Business Software sector, specifically focusing on e-Commerce Tools and targeting the Commerce & Retail market.
Strategic signal
In August 2015, Shopiz was featured in Globes for taking cooperative buying online. This highlights the company's early recognition for its innovative approach to e-commerce, leveraging group purchasing to offer competitive pricing and a social shopping experience. The signal to investors is Shopiz's potential to disrupt traditional online retail through a community-driven model, enhancing customer engagement and value.
Log in to access full profile ›Company Intelligence Q&A
- What is Shopiz's primary business model?
- Shopiz operates on a B2B2C business model, combining e-commerce with social features to offer group discounts and cashback incentives to consumers.
- When was Shopiz founded and by whom?
- Shopiz was founded in January 2014 by Gilad Brovinsky.
- How much capital has Shopiz raised in total?
- Shopiz has raised a total of $3.5M across two funding rounds.
- What was a notable media mention for Shopiz in 2015?
- In August 2015, Shopiz was covered by Globes for its innovative approach to taking cooperative buying online.
- Who were the investors in Shopiz's seed funding round?
- Shopiz secured seed funding from investors Ron Zuckerman and Yoram Bauman