OnBuy, founded in 2016 and headquartered in the United Kingdom, is a rapidly growing online marketplace uniquely focused on fostering a fair and rewarding retail environment. With a commitment to providing customers with a diverse selection, beloved brands, and tangible rewards, OnBuy distinguishes itself by eschewing direct stock sales, thus avoiding competition with their sellers. The company's dedication to transparent and fair practice extends to their partnerships with retailers, offering a platform that enables them to connect with a vast customer base. OnBuy's recent Corporate Round investment in January 2024 reflects its potential to redefine online retail, making it an intriguing venture for venture capitalists. Their positioning within the Consumer Goods, E-Commerce, Marketplaces, and Retail industries further demonstrates their intent to become a leading choice for consumers. As their slogan conveys, "It pays to sell with OnBuy," the company's mission to enhance the online shopping experience and ensure it benefits both customers and retailers could prove to be a compelling investment opportunity for the discerning VC.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Corporate Round | Unknown | - | 01 Jan 2024 | |
Series A | £20.00M | 7 | Guy Hands, Richard Goulding +2 | 13 Jul 2021 |
Debt Financing | Unknown | - | 13 Jul 2021 | |
Series A | £5.00M | 2 | Nathalie Gaveau | 08 Jul 2020 |
Seed Round | £1.30M | 1 | 06 Apr 2020 |
No recent news or press coverage available for OnBuy.