Flip
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Revenues | 7.3m | 7.4m | 9.6m | 23.8m |
% growth | - | 2 % | 30 % | 148 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$3.8m | Seed | ||
N/A | - | ||
$28.0m | Series A | ||
* | $60.0m Valuation: $500m | Series B | |
* | $144m Valuation: $1.2b | Series C | |
Total Funding | $236m |
Related Content
Recent News about Flip
EditFlip.shop is an innovative e-commerce platform that aims to revolutionize the online shopping experience. It caters to a broad range of consumers, particularly those with high standards and a passion for shopping. The company operates in the vast and ever-growing e-commerce market, offering a wide array of products from home and kitchen items to beauty products, furniture, style, wellness, fitness, pet accessories, food and beverage, and kids and baby items.
The business model of Flip.shop is centered around providing a unique and feel-good shopping experience. It does this by allowing users to rate other people's reviews, thereby ensuring the standards and integrity of their community. This feature encourages transparency and authenticity, which are highly valued in today's digital marketplace. Additionally, Flip.shop encourages users to create authentic videos with real pros and cons, promoting honest reviews and discouraging fake ones.
Another key feature of Flip.shop's business model is its emphasis on fast and free shipping, a strategy that has been proven to attract and retain customers in the e-commerce industry. The company generates revenue through the sale of its diverse range of products, leveraging the high standards and shopping obsession of its target market to drive sales.
In summary, Flip.shop is a unique e-commerce platform that prioritizes authenticity, community standards, and customer satisfaction. It operates in a vast market, serving a wide range of consumers with its diverse product offerings and innovative business model.
Keywords: E-commerce, Online Shopping, Authentic Reviews, Community Standards, Fast and Free Shipping, Diverse Product Range, High Standards, Shopping Obsession, Customer Satisfaction, Innovative Business Model.