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Flubit

Flubit

Flubit is a UK-owned online marketplace. Hosting a catalogue of over 70 million products across categories including home, garden, toys, books and electronics, it positions as a direct competitor to Amazon.

OverviewStructured DataIssuesContributors

Contents

flubit.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
E-commerce
E-commerce
Location
London
London
AngelList URL
angel.co/company/flubit-3
Number of Employees (Ranges)
11 – 500
Founded Date
2010
0
Total Funding Amount (USD)
1,000,000
Latest Funding Round Date
May 1, 2011
Latest Funding Type
Seed
Seed
Wellfound ID
flubit-3
Headquarters
London
London
Wapping
Wapping

Other attributes

Company Operating Status
Active
Wikidata ID
Q19903267

On 11 July 2018 Flubit.com was acquired by the blockchain technology group MonetaryUnit. MonetaryUnit announced the purpose of the acquisition was to transform flubit.com into a marketplace dedicated to the acceptance of cryptocurrency payments, in exchange for the same item types currently sold on Flubit.com

History

As of May 2015, Flubit had a catalog with over 500 onboard merchants and over 20 million products. By November 2016 the product catalogue had grown to 56 million products, from 1,500 merchantsIn 2014 Flubit secured a partnership with Barclaycard to launch a new service on their bespoke offers platform named beat my price. In April 2015 Flubit released its Gift Finder tool. The feature uses several simple metrics based on a short customer questionnaire to create relevant suggestions for gifts priced with a Flubit discount.

In January 2016 Bertie Stephens and Adel Louertatani were listed in Debrett's "Britain's 500 most influential" list. In September 2016 Flubit were awarded the Tech Track 100, listed in The Sunday TimesFlubit.com was acquired by MonetaryUnit (MUE) on 11 July 2018

SKU Cloud

In November 2016 Flubit.com launched SKU Cloud. The new brand offers two solutions. The "sellers" programme, formally known as WeFlubit, lets retailers integrate a shopping feed exposing their products to over 10 million shoppers per day. For partners, SKU Cloud offers a white-label online shopping solution by providing a live feed of over 54 million products supplied directly from the sellers programme.

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Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

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References

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