# BuyWithMe

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/buywithme

- Industry: Retail
- Headquarters: New York, US
- Website: www.buywithme.com
- Total disclosed funding: $22M
- Latest round: Series B (Jul 6, 2010)
- Investors on record: 2

## About

BuyWithMe Inc. is a company focused on delivering daily deals and discounts on local experiences and products, connecting consumers with local businesses through innovative online platforms.BuyWithMe Inc. operates as a daily deals platform, providing discounts on local services and experiences. The company was acquired by Gilt Groupe in October 2011, although financial details of the deal were not disclosed. The headquarters is located in New York, US. The founder's history is not widely documented in available resources, with no mention of previous ventures.BuyWithMe Inc. specializes in offering daily deals that connect consumers with local businesses, providing significant discounts on various services and products. The platform caters to customers seeking economical ways to experience local activities and goods, effectively fostering community engagement and supporting local enterprises.BuyWithMe Inc. generates revenue through a commission-based model, earning a percentage on each deal sold while partnering with local businesses to enhance customer outreach. This model allows the company to offer appealing discounts while maintaining profitability through volume sales.With the recent funding round of USD 5.00 mn from Pinnacle Ventures, BuyWithMe Inc. is poised to expand its reach and enhance its service offerings. Plans include the introduction of new product lines aimed at diversifying the deals available on the platform, with potential launch dates not yet specified. Moreover, the company aims to penetrate additional markets beyond its current operational base, targeting specific regions in North America for expansion by 2012, leveraging the recent capital to support these growth initiatives.

## Funding rounds

- Series B, Jul 6, 2010, $16M — Matrix Partners, Bain Capital
- Series A, May 27, 2010, $0.5M — Matrix Partners
- Series A, Jan 20, 2010, $5M — Matrix Partners

## Investors

- Matrix Partners (https://capitalatlas.ai/funds/matrix-partners) — Series A, Series B
- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Series B