About Thriftify
Thriftify is a Retail company based in Dublin (Ireland) founded in 2015 by Ronan O Caoimh and Timur Negru. Online marketplace offering multi-category sustainable products. It operates on a B2C model. Thriftify has raised $2.22 million across 3 funding rounds from investors including Enterprise Ireland, Elkstone and Government. Its chief executive, as recorded, is Ronan O Caoimh. Its focus areas include E-commerce, Sustainable Products, Online Marketplace and Multi-category Retail. Its legal entity is THRIFTIFY TECHNOLOGIES LIMITED. Its competitors include Reuzi, Faerly and Lalucianagh.
Company details
Thriftify, based in Dublin, focuses on operating online marketplaces, sustainable products, online marketplace, and multi-category retail. Online marketplace offering multi-category sustainable products. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Dublin, Ireland
- Founders Ronan O Caoimh, Timur Negru
- SectorsRetail
- Website thriftify.ie
- Social X Facebook
- Legal Name Thriftify Technologies Limited
- Total Equity Funding$2.22M (USD)
in 3 rounds
- Latest Funding Round$1.63M (USD), Angel Round
Aug 2022
- InvestorsEnterprise Ireland
& 5 more
Funding Insights of Thriftify
Thriftify has successfully raised a total of $2.22M across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $1.63 million completed in August 2022. 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 $2.22M
- Total Rounds 3
- Last Round Angel Round — $1.63M
- First Round $590,795
(Oct 2020)
- Investors Count 6
All 3 funding rounds of Thriftify with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2022 | $1.63M | Angel Round | – | Halo Business Angel Network | |
| Aug 2021 | Grant | – | – | ||
| Oct 2020 | $590,795 | Seed | – | Elkstone, Enterprise Ireland | – |
6 investors in total: 5 institutional and 1 angel.
Investors in Thriftify
Thriftify has secured backing from 6 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Enterprise Ireland, Elkstone and Government.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A platform connecting angel investors to startups in Ireland. | hban.org | Ireland | ||
Provider of wealth management and portfolio management services | 2011 | elkstonepartners.com | Dublin, Ireland | |
Statistics, budgetary information, and government services are provided. | 2000 | gov.ie | Dublin, Ireland | |
Support is provided to Irish manufacturing and service sector businesses. | 1998 | enterprise-ireland.com | Dublin, Ireland | |
BL Ben Lewis | unknown_9882873fb96c4fbfb |
Investor details for Thriftify
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People of Thriftify
2 people are tracked at Thriftify (2 in leadership).
| Name | Role | Group |
|---|---|---|
Ronan O Caoimh | Co-Founder, CEO | Leadership |
Timur Negru | Co-Founder | Leadership |
Complete people profiles for Thriftify
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Timeline of Thriftify
3 dated milestones of Thriftify across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Thriftify is founded.
- Funding First funding round of $591K.
- Funding Latest funding round, Angel Round, of $1.6M.
Competitors of Thriftify
Thriftify has 3 listed competitors in our database. They include Reuzi, Faerly and Lalucianagh.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| reuzi.ie | 2018 | Artane, Ireland | Sells eco-friendly items and educates on zero-waste living practices. | |||
| faerly.ie | 2020 | Naas, Ireland | Faerly sells sustainable living items online from eco-conscious brands worldwide. | |||
| lalucianagh.com | 2021 | Waterford, Ireland | Operates a digital hub for selling multi-category eco-friendly products. |
Detailed competitors of Thriftify
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Related news about Thriftify
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Frequently Asked Questions about Thriftify
Thriftify was founded in 2015 and raised its 1st funding round 5 years after it was founded.
Thriftify is headquartered in Dublin, Ireland.
Ronan O Caoimh is the CEO of Thriftify, as recorded in our data. They have also founded this company.
Thriftify is a funded company, having raised a total of $2.22M across 3 funding rounds to date. The company's 1st funding round was a Seed of $590.8K, raised on Oct 2020.
Thriftify, based in Dublin, focuses on operating online marketplaces, sustainable products, online marketplace, and multi-category retail. Online marketplace offering multi-category sustainable products. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Thriftify's top competitors include Reuzi, Faerly and Lalucianagh.
Thriftify has 6 investors. Key investors include Enterprise Ireland, Elkstone, Government, HBAN, and Ben Lewis.
Thriftify operates through Thriftify Technologies Limited.