Shopiz

Company Overview

Snapshot

Founded in January 2014 by Gilad Brovinsky, Shopiz operates with 1–10 employees. The company has raised $3.5 million across two funding rounds from three investors. In February 2017, Shopiz secured a Seed funding round.

Business overview

Shopiz is an e-commerce and social experience platform that integrates group discounts with cashback incentives, enabling users to collectively purchase products at reduced prices. The platform allows users to initiate purchasing groups and share them, facilitating relevant offers from partner stores and sellers as interest in a product discount grows. Shopiz operates within the Business Software sector, specifically focusing on Sales & Marketing Solutions and e-Commerce Tools, targeting the Commerce & Retail market.

Company Intelligence Q&A

What is Shopiz's core business model?

Shopiz operates on a B2B2C business model, combining group discounts with cashback incentives to allow users to buy products together at below-market prices.

When was Shopiz founded and by whom?

Shopiz was founded in January 2014 by Gilad Brovinsky, who serves as the Founder & CEO.

What was a key funding event for Shopiz?

In February 2017, Shopiz secured a Seed funding round from investor Ron Zuckerman.

What is the primary sector Shopiz operates in?

Shopiz's primary sector is Business Software, with a focus on e-Commerce Tools and Sales & Marketing Solutions.

What was the total capital raised by Shopiz?

Shopiz has raised a total of $3.5 million across its funding rounds.