MadBid.com

com functions as a marketplace for social media accounts and groups.com operates as a marketplace for the buying and selling of social media accounts, channels, and groups, facilitating secure transactions between users. The platform serves various social media networks, including Instagram, Facebook, TikTok, and YouTube, allowing users to purchase accounts with established audiences for marketing, brand promotion, or content creation. Acting as a guarantor, MadBid ensures smooth and secure financial transactions, thus providing a trust-building mechanism for buyers and sellers.MadBid generates revenue primarily through transaction fees associated with the buying and selling of social media accounts on its platform. Users engaging in these transactions are required to pay a fee to MadBid, ensuring security and reliability during the exchange process. The pricing for accounts varies based on metrics such as subscriber count and engagement level. For example, an account with a large following on Instagram may command a higher fee compared to smaller accounts. The company is developing new features aimed at enhancing user experience and expanding transaction capabilities, although specific product launch timelines have not been disclosed. Additionally, MadBid plans to expand into new geographic markets, targeting users in North America and Asia by the end of 2023.

1. Series A

   Jul 26, 2010

   Amount

   $6M

   Investors

   Locked