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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 Catch.com.au), Guy King and Bevan Clarke (founders of RetailMeNot.com), 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
Company.
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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