About BzzAgent
BzzAgent is a company based in Boston (United States) founded in 2002 was acquired by PowerReviews in July 2018.. BzzAgent has raised $14.5 million across 2 funding rounds from investors including PowerReviews, Dunnhumby and General Catalyst. BzzAgent offers products and services including BzzAgent Platform and BzzCampaign. BzzAgent operates in a competitive market with competitors including Influitive, BNI, Extole, Firstup and Mention Me, among others.
- Headquarter Boston, United States
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Sectors
Technology
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Phone
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Website
*********
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Social
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- Legal Name Bzzagent 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
$14.5 M (USD)
in 2 rounds
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Latest Funding Round
$13.75 M (USD), Series B
Jan 13, 2006
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Investors
PowerReviews
& 3 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of BzzAgent
BzzAgent offers a comprehensive portfolio of products and services, including BzzAgent Platform and BzzCampaign. 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.
Platform for users to try and review free products from brands.
System for brands to manage and promote product trials.
Funding Insights of BzzAgent
BzzAgent has successfully raised a total of $14.5M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $13.75 million completed in January 2006. 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 2
- Last Round Series B — $13.8M
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First Round
First Round
(01 Sep 2004)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2006 | Amount | Series B - BzzAgent | Valuation |
investors |
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| Sep, 2004 | Amount | Seed - BzzAgent | Valuation |
investors |
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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 BzzAgent
BzzAgent has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include PowerReviews, Dunnhumby and General Catalyst. 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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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Founded Year | Domain | Location | |
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Tech focused Venture Capital firm investing globally
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Founded Year | Domain | Location | |
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Customer data analytics for retail loyalty building are provided.
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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
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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 BzzAgent
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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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.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - BzzAgent
| 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 |
Bzzagent Comparisons
Competitors of BzzAgent
BzzAgent 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 Influitive, BNI, Extole, Firstup and Mention Me, 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.
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|---|---|---|---|---|
| domain | founded_year | HQ Location |
Advocate marketing software is provided for B2B technology firms.
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| domain | founded_year | HQ Location |
Referral marketing solutions are provided to businesses through networking platforms.
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| domain | founded_year | HQ Location |
B2C and P2P referral automation platform
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| domain | founded_year | HQ Location |
Cloud-based communication and employee experience management platform for enterprises
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| domain | founded_year | HQ Location |
Referral marketing solutions are delivered for eCommerce via word-of-mouth channels.
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| domain | founded_year | HQ Location |
App-based online platform offering rewards
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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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Frequently Asked Questions about BzzAgent
When was BzzAgent founded?
BzzAgent was founded in 2002 and raised its 1st funding round 2 years after it was founded.
Where is BzzAgent located?
BzzAgent is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is BzzAgent a funded company?
BzzAgent is a funded company, having raised a total of $14.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $750K, raised on Sep 01, 2004.
What does BzzAgent do?
BzzAgent was founded in 2002 in Boston, United States. Operations are centered in the marketing technology sector, where a platform is utilized for word-of-mouth marketing and social advocacy. Advocacy programs are launched by members to generate promotions. Emails are distributed to customers for campaign involvement. Products are sampled by participants, and feedback is shared across social media channels.
Who are the top competitors of BzzAgent?
What products or services does BzzAgent offer?
BzzAgent offers BzzAgent Platform and BzzCampaign.
Who are BzzAgent's investors?
BzzAgent has 4 investors. Key investors include PowerReviews, Dunnhumby, General Catalyst, and IDG Ventures.
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