DealDash

Minneapolis, United States Founded: 2008 • Age: 18 yrs
Online auctions for discounted goods are conducted via bid credits.
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About DealDash

DealDash is a company based in Minneapolis (United States) founded in 2008.. DealDash has raised $1.5 million across 2 funding rounds from investors including Trifecta and Spintop Ventures. DealDash offers products and services including Bidding Platform, Bid Pack, and Auction Tools. DealDash operates in a competitive market with competitors including Equip-bid, BiddingForGood, AuctionRover, Online Liquidation Auction and Westlake Liquidation, among others.

  • Headquarter Minneapolis, United States
  • Sectors
    Retail
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.5 M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.5 M (USD), Angel Round

    Dec 10, 2011

  • Investors
    Trifecta

    & 1 more

  • Employee Count
    Employee Count
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Products & Services of DealDash

DealDash offers a comprehensive portfolio of products and services, including Bidding Platform, Bid Pack, and Auction Tools. 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.

Primary

Online system for users to bid on and win discounted products

Prepaid packs of bids for participating in auctions

Features for tracking bids and promotions on the platform

People of DealDash
Headcount 10-50
Employee Profiles 10
Employee Profiles
People
Mary Ochs
Head of Customer Support
People
Kyle Swenson
Procurement & Logistics Specialist
People
Jip Jonkman
Fraud & Chargeback Specialist
People
Lassi Wessman
Head of Sales & Marketing

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Funding Insights of DealDash

DealDash has successfully raised a total of $1.5M across 2 strategic funding rounds. The most recent funding activity was a Angel Round round of $1.5 million completed in December 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 Rounds 2
  • Last Round Angel Round — $1.5M
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2011 Amount Angel Round - DealDash Valuation

investors

Jun, 2008 Amount Seed - DealDash 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

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in DealDash

DealDash has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Trifecta and Spintop 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Investments are directed toward early-stage software technology companies.
Founded Year Domain Location
Investments are directed toward entrepreneurial teams in multiple sectors.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by DealDash

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - DealDash

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Dealdash Comparisons

Employees
+
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Competitors of DealDash

DealDash 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 Equip-bid, BiddingForGood, AuctionRover, Online Liquidation Auction and Westlake Liquidation, 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
Multi-category products are auctioned online through Equip-Bid platform.
domain founded_year HQ Location
Multi-category product auctions are hosted for online fundraising.
domain founded_year HQ Location
Simultaneous online auctions are crawled to find optimal item deals.
domain founded_year HQ Location
Online platform for bidding on overstock and returned retail items.
domain founded_year HQ Location
Online platform for liquidation auctions of new and open-box items
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Dealdash

Frequently Asked Questions about DealDash

When was DealDash founded?

DealDash was founded in 2008.

Where is DealDash located?

DealDash is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.

Is DealDash a funded company?

DealDash is a funded company, having raised a total of $1.5M across 2 funding rounds to date.

What does DealDash do?

DealDash was founded in 2008 in Minneapolis, United States, as an online auction-based social marketplace. Credits are purchased by users at approximately 10-13 cents each to place bids on products. Items are awarded to auction winners at discounts of up to 90. Non-winners bids are refunded if the Buy It Now option is selected at near-retail prices; otherwise, bids are forfeited. Operations focus on e-commerce auctions within the United States.

Who are the top competitors of DealDash?

DealDash's top competitors include Equip-bid, BiddingForGood and AuctionRover.

What products or services does DealDash offer?

DealDash offers Bidding Platform, Bid Pack, and Auction Tools.

Who are DealDash's investors?

DealDash has 2 investors. Key investors include Trifecta, and Spintop Ventures.

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