PriceMinister
Latest round
- Series B
Last raised
- Mar 2005
Total raised
- $11M
Investors
- 4
About PriceMinister
PriceMinister operates as an online marketplace facilitating transactions between consumers and various retailers. The company was acquired by Rakuten, Inc. in July 2010. Headquartered in Paris, France, PriceMinister was founded by individuals committed to creating a competitive shopping platform.PriceMinister operates primarily as an online marketplace that facilitates shopping, price comparison, and access to product reviews and blogs. The core offerings include a comprehensive platform where users can explore a diverse range of products across various categories, accompanied by expert reviews designed to inform purchasing decisions. The service aims to address the common consumer challenges of finding the best product options and ensuring value for money. The target customer base includes both individual consumers seeking competitive pricing for their purchases and businesses looking for effective product visibility.PriceMinister's revenue model is built around facilitating transactions between consumers and various retailers and wholesalers through its online platform. The business generates income by charging fees associated with transactions, which may occur through direct sales or affiliate partnerships. In a typical transaction, a consumer selects a product from the platform, and upon finalizing their purchase, PriceMinister collects a commission from the respective retailer. This model allows PriceMinister to effectively manage a broad range of products without holding inventory.The recent acquisition by Rakuten, Inc. is expected to support PriceMinister's strategic expansion plans. The company aims to enhance its platform by introducing new features and potentially expanding into additional European markets.
Who invested in PriceMinister
4 investors across 2 rounds
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Questions about PriceMinister
Who invested in PriceMinister?
PriceMinister 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 PriceMinister raised?
PriceMinister has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did PriceMinister last raise money?
PriceMinister's most recent round on record is a Series B, in Mar 2005.
What does PriceMinister do?
PriceMinister operates as an online marketplace facilitating transactions between consumers and various retailers.
Where is PriceMinister headquartered?
PriceMinister is headquartered in Paris, France.
Which VCs invest in companies like PriceMinister?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back marketing/advertising companies at PriceMinister's stage. Their profiles are linked below.
VCs backing marketing/advertising startups at Series B
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