MerchantCircle
Latest round
- Series B
Last raised
- Nov 2007
Total raised
- $14M
Investors
- 5
About MerchantCircle
Founded in 2005 in Mountain View, US, MerchantCircle connects local businesses with consumers. The company, co-founded by Mark Neumann, Matthew Timothy, and Vincent Wiggins, underwent a significant change when it was acquired by Reply Inc.00 mn in May 2011, with the deal expected to finalize in Q3 2011.com primarily offers a digital platform that connects local merchants with consumers, facilitating access to a wide array of products and services. The platform enables businesses to set up free listings, promoting their offerings while allowing potential customers to discover local services across various categories, including home and garden, professional services, legal and financial services, and travel and lodging. MerchantCircle serves both small to medium-sized enterprises and individual consumers, aiming to enhance local commerce by encouraging community engagement and providing essential marketing tools.MerchantCircle's revenue model is structured around service fees associated with merchant listings and promotional features offered on its platform. Transactions typically involve local merchants subscribing to enhanced listing services or advertising packages that allow them to reach a broader audience. The platform facilitates direct-to-consumer transactions, with businesses leveraging their listings to attract potential customers through targeted promotions and local search visibility. While specific pricing plans for these services are not disclosed, revenue generation is likely bolstered by a mix of subscription fees for enhanced visibility and transaction fees related to advertising campaigns.With the acquisition by Reply Inc. This includes potential new features designed to improve merchant visibility and consumer interaction. The company may also explore expanding its reach into additional urban and suburban markets across the United States, although specific markets and timelines have not yet been detailed.
Who invested in MerchantCircle
5 investors across 2 rounds
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Questions about MerchantCircle
Who invested in MerchantCircle?
MerchantCircle has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has MerchantCircle raised?
MerchantCircle has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did MerchantCircle last raise money?
MerchantCircle's most recent round on record is a Series B, in Nov 2007.
What does MerchantCircle do?
Founded in 2005 in Mountain View, US, MerchantCircle connects local businesses with consumers.
Where is MerchantCircle headquartered?
MerchantCircle is headquartered in Mountain View, US.
Which VCs invest in companies like MerchantCircle?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at MerchantCircle's stage. Their profiles are linked below.
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