• FOUNDING YEAR: 2014
    LOCATION:
    United States
    REGION:
    NY
    Last Update:
    27 Jun, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Online tool that tracks your purchases to find price drops, automatically refunding you the difference. In addition to tracking just the price changes themselves, Paribus can also spot if there was a coupon code that should have been applied at checkout to save you money and request the difference on your behalf.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Teespring
EXISTING PARTNERSHIPS:
Amazon, Bloomingdales, Macy’s, Best Buy, Sephora, Newegg, Staples, Target, Bonobos, J.Crew, Zappos, Nordstrom, Banana Republic, GAP, Old Navy, Athleta, Piperlime and Walmart
COMMENT
The product appeals to a variety of online shoppers, including deal hunters who are always worried that they’re missing a promo code, or even those being targeted by online retailers’ new “personalization” techniques, which show different, customized prices to each visitor.

PEOPLE

FOUNDERS:
Karim Atiyeh, Eric Glyman
NUMBER OF EMPLOYEES:
11-50
INVESTORS:
Y Combinator, Soma Capital, Slow Ventures, One Zero Capital, Mick Johnson, Greylock Partners, General Catalyst Partners, Foundation Capital, Conversion Capital

TRACTION

VALUATION / MARKET CAP:
$14.8 MM in 2015

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$2.22 Millions
SEED & PRIOR FUNDING:
$2.22 Millions

LATEST RESEARCH