Home > techcrunch > Zipzoom Raises $2.2 Million To Help Connect Shoppers And Local Businesses

Zipzoom Raises $2.2 Million To Help Connect Shoppers And Local Businesses

February 11th, 2011 02:10 admin Leave a comment Go to comments

Exclusive - Zipzoom, an Ontario, Canada-based startup building an online marketplace where consumers can hook up with local and/or national businesses, has scored $2.2 million in angel funding from a number of private investors, we’ve learned.

The company recently launched the beta version of its service, which aims to connect ‘ready-to-buy’ shoppers with ‘ready-to-sell’ businesses.

Registered users say submit queries (i.e. communicate what it is they need), and are supposed to get a lot of quotes from local vendors they can easily choose from. They can do so anonymously, and completely free of charge.

Of course, this is a tried and tested Internet business model, so innovative Zipzoom is not.

And of course, everything depends on how whether Zipzoom can ramp up both the supply and the demand side of the equation, which I reckon requires far more capital than a couple of million dollars.

Note that they basically have to convince people to stop using Google or Bing to find local businesses and email them for personalized quotes and head on over to the Zipzoom site instead – good luck with changing consumer behavior at significant scale.

Source: Zipzoom Raises $2.2 Million To Help Connect Shoppers And Local Businesses

Related Articles:

  1. Sittercity Raises $22.6 Million To Connect Families With Caregivers
  2. CampusLive Raises $3.1 Million To Help Brands Connect With College Students
  3. Cloud Sherpas Raises Another $1.6 Million To Migrate Businesses To Google Apps
  4. Care.com Raises $20 Million To Connect You To Nannies, Babysitters And Caregivers
  5. 70% of Local Businesses Use Facebook For Marketing
  • http://psycode.myopenid.com/ Jim

    Wow pretty lame interface.. 2.2M?! They should have hit up Jobdeals.com in Toronto before they invested. Way better name, engine, and lots of service providers.

    [Reply]

blog comments powered by Disqus
YOYOYOOYOYOYO