Poundit
Latest round
- Series A
Last raised
- Dec 2019
Total raised
- $1.5M
Investors
- 4
About Poundit
Poundit, founded in 2014 by Mark Reyes, operates out of Pasig City, Philippines.lu, Tigris Capital, and Vulpes Investment Management.com specializes in providing a comprehensive platform for electronics and gadgets, catering primarily to tech-savvy consumers and businesses seeking quality products. Their core offerings include a diverse range of electronics such as smartphones, laptops, and accessories, all aimed at enhancing user convenience and satisfaction. Established to streamline the purchasing process, the platform allows customers to browse, compare, and purchase products seamlessly.com is structured around direct-to-consumer sales, with customers purchasing products directly through their online platform.40. Transactions are facilitated through a secure e-commerce system that supports various payment methods, ensuring a convenient shopping experience. The company may offer different pricing tiers and promotional discounts on specific flagship products, enhancing its competitive edge in the market.85 mn to enhance its product line and develop new technologies for its online platform. Although specific new products have not been detailed, the company is committed to expanding its offerings. Additionally, Poundit aims to explore growth opportunities within new markets across Southeast Asia by 2022, leveraging its existing partnerships and distribution channels to increase its reach.
Who invested in Poundit
4 investors across 2 rounds
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Questions about Poundit
Who invested in Poundit?
Poundit has 4 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 Poundit raised?
Poundit has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Poundit last raise money?
Poundit's most recent round on record is a Series A, in Dec 2019.
What does Poundit do?
Poundit, founded in 2014 by Mark Reyes, operates out of Pasig City, Philippines.
Where is Poundit headquartered?
Poundit is headquartered in Pasig City, Philippines.
Which VCs invest in companies like Poundit?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back internet companies at Poundit's stage. Their profiles are linked below.
VCs backing internet startups at Series A
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