CM – Flippa raises $ 11 million to match sellers with buyers of online businesses and digital assets – SiliconHills

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The internet has enabled all sorts of new businesses to thrive, from blogs to stores to apps.

To connect business sellers with buyers, Flippa created an online marketplace for businesses and digital assets. And on Monday the company announced that it had raised $ 11 million.

Flippa’s Series A round was led by Sydney-based venture capital company OneVentures. The round also included existing Flippa investor Andrew Walsh (ex-CEO Hitwise, acquired by Experian) and co-founders / investors Mark Harbottle and Matt Mickiewicz – co-founders of Flippa and 99designs. Flippa’s new investors include Gabby & Hezi Leibovich (founders of, Guy King and Bevan Clarke (founders of, and Tim O’Neill and Tim Fouhy (founders of Reactive Media).

Platforms like Amazon, WordPress,

and Shopify enable entrepreneurs and creatives to start and scale theirs

Projects in sustainable companies. Flippa gives them a place to sell these


Flippa has more than 3 million

previously registered users. Flippa’s proprietary

Evaluation product and matching algorithm evaluate companies precisely and

matches them directly with qualified buyers.

« In 2009, Flippa

invented and called the space for buying and selling digital businesses

Bootstrapped startup we have achieved # 1 status worldwide, ”Blake Hutchison, CEO

from Flippa said in a press release. “We have seen thousands of successes

Stories where business owners use Flippa to add value to their

extraordinary efforts. We are now growing into a market network to streamline

Transactions of all sizes and we’re excited to bring the next generation of

Entrepreneurs and investors. « 

With the financing, Flippa,

with 50 employees plans to hire more than 50 new employees in Melbourne, San

Francisco and Austin as well as from afar. It is also planned to use the funds to

Expanding its platform product functionality, including scaling the business

Company valuation tool.


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