# Paribus Co.

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

- Industry: Software
- Headquarters: New York, US
- Website: www.paribus.co
- Total disclosed funding: $2.2M
- Latest round: Seed (Oct 7, 2015)
- Investors on record: 8

## About

Paribus Co. is a technology-driven company specializing in optimizing online shopping experiences by providing tools for price tracking, coupon application, and automatic savings alerts for consumers.Founded in 2014 in New York, US, Paribus Co. focuses on enhancing online shopping through its innovative platform. The company has closed 3 total deals, with the most recent funding round being a Seed round raising USD 2.10 mn led by General Catalyst Partners on October 6, 2016. In October 2016, Capital One Financial Corporation acquired Paribus Co. for an undisclosed amount.Paribus Co. primarily offers a browser extension and mobile application designed to enhance online shopping by providing access to coupons, rewards, and price drop alerts. The platform integrates seamlessly with e-commerce sites, automatically applying the best available coupon codes at checkout and notifying users of price changes on items they have viewed, serving a wide array of consumers seeking savings on everyday purchases across various retail sectors, including electronics, fashion, and home goods. The platform operates in the United States and extends its services into select international markets.Paribus Co. generates revenue primarily through commissions earned from eligible purchases made by users from featured merchants. The transaction model operates on a commission-based structure, where the company receives a percentage of sales from retailers once a purchase is completed through its platform, allowing users to benefit from cash-back rewards that enhance their shopping experience. The platform does not operate on a subscription model; rather, its revenue is driven by partnerships with various retailers and e-commerce platforms.While specific upcoming product launches have not been detailed, the company aims to leverage its recent funding from the Seed round to enhance its platform's capabilities. Following the acquisition by Capital One Financial Corporation in October 2016, Paribus Co. plans to explore opportunities to expand its service offerings and reach. Future growth may involve targeted efforts to enter new geographic markets.

## Funding rounds

- Seed, Oct 7, 2015, $2.1M — Foundation Capital, General Catalyst Partners, Greylock Partners, Y Combinator, Slow, Conversion Capital, Soma Capital Management, 1/0 Capital
- Seed, Jun 2, 2015, $0.1M — Y Combinator

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Foundation Capital (https://capitalatlas.ai/funds/foundation-capital) — Seed
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Seed
- Greylock Partners (https://capitalatlas.ai/funds/greylock-partners) — Seed
- Slow (https://capitalatlas.ai/funds/slow) — Seed
- Conversion Capital (https://capitalatlas.ai/funds/conversion-capital) — Seed
- Soma Capital Management (https://capitalatlas.ai/funds/soma-capital-management) — Seed
- 1/0 Capital (https://capitalatlas.ai/funds/1-0-capital) — Seed