About BuyWithMe
BuyWithMe is a company based in New York (United States) founded in 2009 was acquired by Gilt in October 2011.. BuyWithMe has raised $31.96 million across 5 funding rounds from investors including Gilt, Bain Capital Ventures and Matrix. BuyWithMe has completed 6 acquisitions, including DealADayOnline, Edhance and Groop Swoop. BuyWithMe offers products and services including Clothing, Shoes, Handbags, and Home Products. BuyWithMe operates in a competitive market with competitors including GIST, TIPPR.com, GoodTwo, BoomStreet and Buckete, among others.
- Headquarter New York, United States
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Buywithme, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$31.96 M (USD)
in 5 rounds
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Latest Funding Round
$10 M (USD), Series C
May 15, 2011
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Investors
Gilt
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
DealADayOnline
& 5 more
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Acquired by
Gilt
(Oct 28, 2011)
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Products & Services of BuyWithMe
BuyWithMe offers a comprehensive portfolio of products and services, including Clothing, Shoes, Handbags, and Home Products. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Apparel items for men, women, and kids at discounted prices.
Designer sneakers, boots, and sandals for various occasions.
Luxury bags including clutches and totes for everyday use.
Items like bedding, decor, and kitchen tools at reduced rates.
Funding Insights of BuyWithMe
BuyWithMe has successfully raised a total of $31.96M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $10 million completed in May 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series C — $10.0M
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First Round
First Round
(29 Jun 2009)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2011 | Amount | Series C - BuyWithMe | Valuation |
investors |
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| Jul, 2010 | Amount | Series B - BuyWithMe | Valuation | Bain Capital Ventures , Matrix |
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| May, 2010 | Amount | Series A - BuyWithMe | Valuation | Matrix |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in BuyWithMe
BuyWithMe has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Gilt, Bain Capital Ventures and Matrix. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital fund focused on investing in multiple sectors
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Founded Year | Domain | Location | |
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Early-stage ventures are funded by the investment firm.
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Founded Year | Domain | Location | |
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Fashion products and accessories are sold via an online platform.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by BuyWithMe
BuyWithMe has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include DealADayOnline, Edhance and Groop Swoop. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Daily deals from California local businesses are offered by LocalTwist.
|
2010 | ||||
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Online group buying platform offering deals and coupons on multi-category products
|
2009 | ||||
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Bathroom design, product selection, and remodeling services are provided.
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - BuyWithMe
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Buywithme Comparisons
Competitors of BuyWithMe
BuyWithMe operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as GIST, TIPPR.com, GoodTwo, BoomStreet and Buckete, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Purchases are shared among friends through an iOS social app.
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| domain | founded_year | HQ Location |
Group buying site featuring deals from local businesses
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| domain | founded_year | HQ Location |
Fundraising for non-profits is enabled through group buying deals.
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| domain | founded_year | HQ Location |
Multi-category daily deals are offered through local business partnerships.
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| domain | founded_year | HQ Location |
Group buying & reverse auction marketplace
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Buywithme
Frequently Asked Questions about BuyWithMe
When was BuyWithMe founded?
BuyWithMe was founded in 2009.
Where is BuyWithMe located?
BuyWithMe is headquartered in New York, United States. It is registered at New York, New York, United States.
Is BuyWithMe a funded company?
BuyWithMe is a funded company, having raised a total of $31.96M across 5 funding rounds to date. The company's 1st funding round was a Series A of $5.5M, raised on Jun 29, 2009.
What does BuyWithMe do?
BuyWithMe was founded in 2009 in New York, United States, as a group buying platform in the daily deals sector. Discounts are negotiated by the company for community members on services including spas, restaurants, health clubs, bars, and other local activities. Sellers provide offers to the BuyWithMe community, enabling access to handpicked group deals within users cities. Operations focus on facilitating these transactions through the website buywithme.com.
Who are the top competitors of BuyWithMe?
What products or services does BuyWithMe offer?
BuyWithMe offers Clothing, Shoes, Handbags, and Home Products.
How many acquisitions has BuyWithMe made?
BuyWithMe has made 6 acquisitions, including DealADayOnline, Edhance, and Groop Swoop.
Who are BuyWithMe's investors?
BuyWithMe has 3 investors. Key investors include Gilt, Bain Capital Ventures, and Matrix.