Zeek Mobile

Marketplace for Discounted Gift Vouchers

Business Software
Non Active, Nov 2019 ceased to operate

Company Overview

Snapshot

Founded in July 2013 by Uri Levine, Itay Erel, Daniel Zelkind, and Ziv Isaiah, Zeek Mobile operated with 11–50 employees. The company raised $12.5M across 3 funding rounds from 10 investors. In November 2019, Zeek Mobile ceased operations.

Business overview

Zeek Mobile developed a marketplace for exchanging unwanted gift vouchers and gift cards, allowing sellers to list them for sale and buyers to purchase them at discounted prices. The platform's API converted physical gift vouchers into digital versions, instantly valid in relevant stores. Compatible with iOS and Android, Zeek utilized advanced technologies including Node.js, AngularJS, and Couchbase, and incorporated proprietary fraud prevention technology. The company served the e-commerce and fintech sectors, focusing on personal finance and digital wallet solutions, with retail and distribution relationships with over 350 brands.

Strategic signal

In March 2019, news reports indicated that gift voucher startup Zeek was shutting down, followed by further reports in February 2019 that the company's board had decided to cease operations. This signals a significant operational failure and exit from the market for the company, indicating a complete cessation of its business activities.

Company Intelligence Q&A

What is Zeek Mobile's primary business?
Zeek Mobile developed a marketplace for buying and selling discounted gift vouchers and gift cards, converting physical vouchers into digital versions for immediate use.
When was Zeek Mobile founded and by whom?
Zeek Mobile was founded in July 2013 by Uri Levine, Itay Erel, Daniel Zelkind, and Ziv Isaiah.
What was the total capital raised by Zeek Mobile?
Zeek Mobile raised a total of $12.5M across 3 funding rounds.
What was the status of Zeek Mobile in November 2019?
In November 2019, Zeek Mobile ceased to operate.
What technologies did Zeek Mobile utilize in its platform?
Zeek Mobile's platform utilized advanced technologies including Node.js, AngularJS, and Couchbase, and incorporated proprietary fraud prevention technology.

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