• FOUNDING YEAR: 2015
    LOCATION:
    United States
    REGION:
    Virginia
    Last Update:
    14 Feb, 2020

Description

FOCUS

PRODUCTS & SERVICES:
Blockchain-based peer-to-peer marketplace.
MAIN CLIENTS:
Retail online customers
COMMENT
OB1 plans to release web and mobile versions of the application as well as giving users new ways to trade with each other, such as making requests and buying and selling cryptocurrencies(March 2018).

PEOPLE

FOUNDERS:
Brian Hoffman, Samuel Patterson, Washington Sanchez
Board Members and Advisors:
Jason Whitmire
NUMBER OF EMPLOYEES:
1-10
INVESTORS:
BlueYard, Union Square Ventures, Andreessen Horowitz, William Mougayar, OMERS Ventures, Bitmain, Digital Currency Group, BlueYard Capital, Union Square Ventures, Andreessen Horowitz
KEY EMPLOYEES:
Brian Hoffman (CEO)

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$10.5 Millions
DATE OF LAST FUNDING:
Mar 2018
TOTAL FUNDING COMMENT:
The company is planning to use the funds to lead development of OpenBazaar and expand the adoption of the marketplace(March 2018).
SEED & PRIOR FUNDING:
$4 Millions
SEED CLOSED ON:
Dec 2016
FUNDING SERIES:
SERIES A
$5 Millions Closed: Mar 2018
Others
$1.5 Millions Closed: Jul 2016
LISTED:
NO
COMMENT:
Venture funding: $0.20 M(Jul 2017).

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