Ibid2Save is a penny auction company offering users deals on iPads, flat screen TVs, MacBook Pros and gift cards of preferred stores.
Business Model: B2C
Revenue: $0
Employees: 1-10
Address:
City: Charlotte
State: North Carolina
Zip:
Country: United States
Ebay meets Zynga ibid2SAVE has solved the problem in the penny auction industry by having developed a new consumer friendly model focused on making money when users win as opposed to when they lose auctions. ibid2SAVE is the first penny auction company that utilizes sophisticated technology that dynamically optimizes our auction platform allowing ibid2SAVE to host users at no upfront cost to them. ibid2SAVE has taken the best components of the traditional auction, penny auction, retail, and ecommerce industry to create a new exciting type of online auction company.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 12/2011 | Seed Round | $150k | 4/2011 | Seed Round | $400k |
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