# DealDash

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

- Industry: Internet
- Headquarters: Helsinki, Finland
- Website: www.dealdash.com
- Total disclosed funding: $1.5M
- Latest round: Angel (Dec 10, 2011)
- Investors on record: 1

## About

DealDash is an online auction platform that offers unique bidding experiences for consumers seeking discounted products through a bidding system that starts at $0.Founded in 2008 by William Wolfram in Helsinki, Finland, DealDash operates as an online auction site that provides a marketplace for consumers to bid on products. The company has raised a total of USD 1.50 mn, with the latest funding round being an Angel round where it secured USD 1.50 mn from Spintop Ventures. DealDash has conducted a total of 4 deals since its inception.DealDash® specializes in an online auction platform where consumers bid on various products, including electronics, home goods, and fashion items. Bidding begins at $0 with no minimum reserve, allowing users to obtain products at lower prices compared to traditional retail. Primarily catering to a U.S. audience, the platform also attracts international participants interested in its unique auction model.In the year 2023, DealDash reported a revenue of USD 36.30 mn and an EBITDA of USD 4.66 mn. The company's revenue is generated through its auction-based model, where users purchase bids to participate in auctions for products, creating a revenue stream based on the volume of bids rather than direct sales.DealDash is planning to introduce new products and expand its market reach. Recent funding from Lagoon Capital will support these initiatives, focusing on enhancing the user experience and potentially expanding into international markets. Specific timelines for product launches and geographic expansion have not been disclosed.

## Funding rounds

- Angel, Dec 10, 2011, $1.5M — Spintop Ventures

## Investors

- Spintop Ventures (https://capitalatlas.ai/funds/spintop-ventures) — Angel