• FOUNDING YEAR: 2011
    LOCATION:
    United States
    REGION:
    California
    Last Update:
    9 Sep, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Openbucks provide alternative payment options in Online Gaming, E- Commerce and Mobile Top-up. For example, one may choose to pay for an item using a foodchain loyalty gift card, pay for digital in-game items with a gift card, or top up a merchant loyalty card using your existing gift card.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Retail consumers and merchants
EXISTING PARTNERSHIPS:
SUBWAY, CVS/Pharmacy, Dollar General, oBucks, Pacific Coffee, EPlus Online, Plarium, Snail Games, Wargaming.net, OG Planet, Paymentwall, Bigpointm Nexonm SM Tickets, Legaue Legends, Rixty, SM Cinema

PEOPLE

FOUNDERS:
Itamar Kandel, Hillel Krajzman, Marc Rochman
NUMBER OF EMPLOYEES:
11-50
INVESTORS:
Clearstone Venture Partners, Morado Ventures, Inspiration Ventures, SV Angel, E.ventures, Greycroft Partners, Jerry Yang, Terry Semel, TiE Angels, CrunchFund

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$4.8 Millions
DATE OF LAST FUNDING:
Apr 2014
SEED CLOSED ON:
Apr 2011
SEED PRIOR FUNDING COMMENT:
An undisclosed seed fund raised in April 2011.
FUNDING SERIES:
SERIES A
$4.8 Millions Closed: Jul 2012
DEBT FUNDING:
$500 K
LISTED:
NO

LATEST RESEARCH