Marketplace Startups

Ryan Pahl is COO of Community Co, an umbrella company managing multiple professional communities including YEC (Young Entrepreneurs Council), Founder Society, and Forbes Councils. The company generates revenue through annual membership fees ($500 for Founder Society, $1,200 for Forbes Councils) and has grown to 50+ employees across Boston and the country. They combine proprietary technology with human curation to connect members with peers, business resources, events, and media opportunities.

Steals.com is a daily deal e-commerce marketplace founded by Jaina Francis in 2008 that features one high-quality brand per day across four niche sites (BabySteals, KidSteals, ScrapbookSteals, SheSteals). Built entirely bootstrapped without investors, the company generates approximately $8 million in annual revenue with a 17% net margin, driven primarily by email marketing (55% of revenue) and direct traffic (25%). With 22 full-time employees in Utah and a custom-built platform, Jaina is seeking $2 million in equity funding at an $8 million pre-money valuation to fuel growth.

BrewPublic is a craft beer curation and delivery service founded in 2014 by 26-year-old Charlie Mulligan. The company uses an algorithm to match customers with personalized beer selections from 3,000+ craft beers, serving both offices and consumers across Charlotte, Raleigh, Nashville, and San Francisco. In 2015, BrewPublic generated $275,000 in revenue with 35% net margins, and projects $1-2 million in 2016 after raising $500,000.

Glintz is a career discovery and talent marketplace founded in late 2013 by Chin-Un Luy that connects employers with young graduates and fresh talent in Singapore. The company grew from $7,000 in first-year revenue (2013-2014) to nearly $500,000 in 2015, achieving 15% month-over-month talent database growth while spending less than $1,000 per month on marketing, primarily through word-of-mouth and direct university partnerships.

Hourly Nerd is an online marketplace connecting elite business talent (MBAs, professors, industry experts) with companies needing specialized expertise on a project basis. Founded in 2013 by Rob Biedermann and two co-founders from Harvard Business School, the company takes a percentage (15-20%) of each project transaction and had grown to 21,000 experts serving 5,000+ customers including major clients like GE by 2015. With $10 million raised including a $750K seed from Mark Cuban and a $7.8M Series B, Hourly Nerd reached over $5M in ARR by 2015 with a 58-person Boston-based team.

Dill Mill is a matchmaking app for South Asians founded by K.J. Singh in late 2014, disrupting the broken arranged marriage model. The freemium app with a 10 daily likes limit and $10/month premium subscription has grown organically to nearly 1 million downloads and approximately 4,400 paying customers, generating around $44k/month in revenue ($528k annualized). Having raised $3.8M across two funding rounds (via SAFEs), the 9-person team is targeting $1M annual run rate by end of 2016.

Vango is a marketplace connecting emerging artists with novice art buyers, taking a 30% commission on transactions. Founded in 2013 by Ethan Appleby, the platform had 5,000 active artists and 100,000 lifetime buyers by March 2016, generating $1.6M in revenue in 2015 from nearly $5M in total art sales. Apple selected Vango as one of its top apps.

Skillbridge was a curated marketplace connecting high-end management consultants with companies needing specialized expertise. Founded in 2013 and launched in 2014, the platform used intelligent matching algorithms to connect consultants based on demonstrated competencies rather than ratings. In March 2016, just under $500,000 in projects were posted on the platform, with an average project size of $5,000-$10,000, and the company was acquired by TopTal.

Liquor.com is a media and partnership platform founded in 1991 that connects major liquor brands with the world's largest database of bartenders and liquor enthusiasts. The company generates approximately $7.5M in annual revenue through brand sponsorships, partnerships, and offline events, leveraging 36 million monthly uniques and 1.8 million email subscribers primarily sourced through native advertising on Zergnet.

Side Line Swap is a community marketplace where middle school, high school, and college athletes buy and sell used sports gear. Founded in 2012 as a side project and launched formally in June 2015 after raising $120,000 in friends and family funding, the company has grown to over 2 million in gross sales with 12,000 monthly active users and is growing 15-50% month-over-month. The team leverages content marketing and social media (150,000 Instagram followers across six sport-specific accounts) to drive user acquisition and are raising a $1.5M seed round.

Roost is a peer-to-peer marketplace founded in November 2013 by Jonathan Gillan that allows people to monetize unused spaces (garages, attics, basements, driveways) to neighbors seeking storage or parking. The company takes a 15% cut from transactions and grew from $2 in first month revenue to $25,000 MRR as of May 2016 (running at $300K ARR), with 650-700 unique sellers listing approximately 2,000 spaces and 500-600 buyers. Gillan raised $4.9M in venture capital (with $3.5M in Series Seed at $12M pre-money valuation) and built a 17-person team based in San Francisco, expanding to cities like New York, LA, Washington DC, and beyond.

StudySoup is an education marketplace launched in April 2014 that connects college students by allowing top performers to sell study materials (lecture notes, study guides, flashcards) to classmates via subscription. The platform generated approximately $40,000-$45,000 in first month revenue, grew to $400,000 in 2015 (10x growth), and was tracking toward several million in 2016 revenue. With over 5,000 active monthly subscribers and nearly 1,000 elite note-takers, StudySoup demonstrates strong marketplace dynamics with a subscription SaaS model.

Concept Drop is a marketplace that connects businesses with vetted designers to create marketing materials (presentations, one-pagers) on-demand. Founded by Phil Alexander in 2012 as a side project, the company grew from a couple thousand dollars in first-year revenue to over $300k in 2015 and closed a $1.1M Series A in mid-2016, bringing total funding to $1.35M. The platform serves over 300 leading brands with a network of less than 100 vetted freelancers, targeting director-level and higher marketing teams at mid-market and enterprise companies.

Geekatoo was a nationwide tech support marketplace founded by Kevin Davis in 2010 after a frustrating Geek Squad experience. Starting with a bidding model, the company pivoted to fixed pricing and eventually built a network of over 7,000 providers nationwide, generating $275-300k MRR at the time of acquisition. Growth accelerated significantly after focusing on B2B partnerships with hardware manufacturers and real estate companies rather than direct consumer acquisition.

Hirewire is a mobile-first marketplace connecting job seekers and restaurants/hourly employers, founded by Joe Wynn in 2015 after he sold his previous company Campus Special for $25M. In their first year beta in Atlanta (Jan 2016), they acquired 4,000+ employers, 100,000+ job seekers, and placed 20,000 people in jobs, with over 50% organic growth. They've raised $4.1M and charge employers $50-$100/month per location, expecting to reach ~$200k/month in revenue soon.

Sideline Swap is a two-sided marketplace for buying and selling used and new sports gear founded in 2015 by Brendan Candon. The company grew from $400k in transaction volume a year prior to over $3 million in total lifetime transaction volume, with $2 million processed in the first seven months of 2017, growing 30% month-over-month through a flywheel of supply acquisition (15,000+ sellers) and demand generation (23,000+ buyers) powered by social media and influencer marketing. Brendan raised $3 million in total funding and built a team of 10, projecting $5-6 million in revenue for 2017 while maintaining an 80% average order value.

UAPI is a mobile app discovery platform that connects app advertisers (like King/Candy Crush, Uber, Lyft) with high-quality users through 4,500 publisher partners including Cheetah Mobile and Pandora. Founded in late 2011 by Moshe Vaknin, the company grew from $250K in revenue (first year) to $80M net revenue by 2016 by processing over $320M in total ad volume and taking a 30% commission while returning 70% to publishers. The company is profitable, has raised $20M in capital, employs 130 people across 10 global offices, and is positioned for potential IPO.

Top Hatter is a mobile marketplace for live auction discovery shopping launched in 2012. Operating with a 25% take rate on transactions, the company processes about $1 million in daily transaction volume (roughly 100,000 items) with an average item price of $10-20, projecting $300-400 million in gross transaction volume this year with $80-100 million in revenue. The company has raised $35 million total capital, operates at break-even while reinvesting heavily in marketing with a 30-60 day payback period, maintains 80% gross margins, and has doubled year-over-year since launch.

ShareASale is a performance marketing network founded in 2000 by developer Brian Littleton that connects retailers with publishers (bloggers, podcasters, website owners) for affiliate marketing. The company bootstrapped to profitability from day one, grew to over 5,200 retailers and over a million publisher accounts by 2017, generating approximately $14M in annual revenue with ~$5.8M EBITDA before being acquired by Awin (formerly Affiliate Window/Zanox) in January 2017.

Influencer is the largest product review platform outside of Amazon with 4 million micro-influencers and 21 million product reviews. The company evolved from a market research panel (2010) into a social media-driven product discovery platform connecting major brands like Procter & Gamble, L'Oreal, and Estée Lauder with consumer reviewers. They've raised $9M in funding (friends and family ~$1M, Series A $8M from Ebates in 2015) and are tracking to ~$15-18M in annual revenue with healthy repeat customer relationships.