About Consumr
Consumr is a company based in New York (United States) founded in 2011 was acquired by Purch in March 2015.. Consumr has raised $565 thousand across 1 funding round from investors including Lerer Hippeau, Future and IA Ventures. Consumr operates in a competitive market with competitors including Curated, Wize, ThisNext, Curio Road and Qualtry, 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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$565 K (USD)
in 1 rounds
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Latest Funding Round
$565 K (USD), Seed
Dec 04, 2012
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Investors
Lerer Hippeau
& 2 more
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Employee Count
Employee Count
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Acquired by
Purch
(Mar 03, 2015)
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Funding Insights of Consumr
Consumr has successfully raised a total of $565K through 1 strategic funding round. The most recent funding activity was a Seed round of $565 thousand completed in December 2012. 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 1
- Last Round Seed — $565,000
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First Round
First Round
(04 Dec 2012)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2012 | Amount | Seed - Consumr | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| 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 Consumr
Consumr has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Lerer Hippeau, Future and IA Ventures. 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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Seed and early-stage venture capital firm focusing on investments in technology and fintech companies
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Founded Year | Domain | Location | |
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USA focused VC firm investing in seed and early stage startups
|
Founded Year | Domain | Location | |
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Future is recognized as a global leader in specialist media content.
|
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.
|
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.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Consumr
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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.
|
2016 |
Financial Statements - Consumr
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Consumr Comparisons
Competitors of Consumr
Consumr 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 Curated, Wize, ThisNext, Curio Road and Qualtry, 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 |
Online store with personalized recommendations for sports & travel products
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Cuareted products recommendation platform
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Provides a personalized recommendation platform for e-commerce portals.
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An online platform for discovering vintage and handmade products from designers.
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| domain | founded_year | HQ Location |
Personalized products are customized and sold via an online platform.
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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 Consumr
When was Consumr founded?
Consumr was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is Consumr located?
Consumr is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Consumr a funded company?
Consumr is a funded company, having raised a total of $565K across 1 funding round to date. The company's 1st funding round was a Seed of $565K, raised on Dec 04, 2012.
What does Consumr do?
Consumr was founded in 2011 in New York, United States, as a mobile app focused on product discovery and reviews. Barcode and QR code scanning capabilities were integrated in May 2016 to display reviews and comparisons directly on users screens. Operations center on consumer technology, providing a platform akin to Yelp for products. The company was later acquired by Purch and rebranded as Purchx.
Who are the top competitors of Consumr?
Who are Consumr's investors?
Consumr has 3 investors. Key investors include Lerer Hippeau, Future, and IA Ventures.