About Flubit
Flubit is a company based in London (United Kingdom) founded in 2010 was acquired by Monetary Unit in July 2018. Flubit has raised $2.8 million across 4 funding rounds from investors including Andurance Ventures, Cocoon Wealth and Monetary Unit. The company has 3 employees as of February 28, 2022. Flubit operates in a competitive market with competitors including Zulily, Amazon, Groupon, LoveCrafts and Trouva, among others.
- Headquarter London, United Kingdom
- Employees 3 as on 28 Feb, 2022
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Sectors
Retail
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Flubit Limited
- Date of Incorporation 08 Nov, 2010
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$2.8 M (USD)
in 4 rounds
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Latest Funding Round
Not available
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Investors
Andurance Ventures
& 2 more
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Employee Count
3
as on Feb 28, 2022
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Acquired by
Monetary Unit
(Jul 10, 2018)
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Funding Insights of Flubit
Flubit has successfully raised a total of $2.8M across 4 strategic funding rounds. 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.
Investors in Flubit
Flubit has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Andurance Ventures, Cocoon Wealth and Monetary Unit.
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Operates as a cryptocurrency for secure digital transactions.
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Investor details for Flubit
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Investments & Acquisitions by Flubit
Investment portfolio details for Flubit
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Financial Statements - Flubit
Detailed financials for Flubit
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Flubit Comparisons
Peer comparison for Flubit
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Competitors of Flubit
Flubit 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 Zulily, Amazon, Groupon, LoveCrafts and Trouva, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online shopping platform is operated via flash sales by Zulily.
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Multi-category products are offered through an online marketplace.
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Online marketplace offering deals on multi-category products and services
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Social commerce platform for craft makers is provided.
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Multi-category fashion and lifestyle products are retailed online.
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Multi-category products are retailed online by Argos across various sectors.
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Detailed competitors of Flubit
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Latest news on Flubit
Complete news archive for Flubit
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Frequently Asked Questions about Flubit
Flubit was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Flubit is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Flubit is a funded company, having raised a total of $2.8M across 4 funding rounds to date.
As of Feb 28, 2022, the latest employee count at Flubit is 3.
Flubit is an online platform offering better deals for customers from local sellers than big e-commerce retailers like Amazon. The user needs to copy and paste URL of product from e-commerce store like Amazon.co.uk on the platform to searches for a deal on the product from the local seller. It also lists flash deals for products listed on Amazon.co.uk offering a lower price. It lists 60 million products from over 1,500 verified sellers from the UK and Ireland. It also offers Beflubit.com that enables website owners to utilise inventory of over 25 million products on Flubit for selling through their own web store. It won European Start-up of the Year at London Web Summit in 2013.
Flubit's top competitors include Amazon, Zulily and LoveCrafts.
Flubit has 3 investors. Key investors include Andurance Ventures, Cocoon Wealth, and Monetary Unit.