SocialBug is a modular cloud platform designed to cater to the needs of the multilevel marketing (MLM) industry. The flagship product, SocialBugCRM, offers a complete package for MLM companies, including customized software, optimized for handling large distributor networks, and support for commission tracking and processing. The company's technology is notable for its affordability, particularly for small businesses, and its compatibility with existing open-source shopping carts through plugins and extensions.
Founded in 2014 and headquartered in the United States, SocialBug's distribution strategy revolves around targeting leads with existing open-source shopping carts, such as WordPress and WooCommerce, with dedicated plugins for various platforms. The company currently offers plugins for 11 shopping carts, including WordPress/WooCommerce, nopCommerce, Magento 2, PrestaShop, BigCommerce, Shopify, 3dCart, Squarespace, Drupal 8, Ecwid, and Weebly.
Despite the potential of their technology and the niche they operate in, there is no record of their last investment or investors to evaluate the current financial backing or potential for future growth. However, their focus on addressing the specific needs of MLM companies and their innovative distribution approach positions them as an intriguing player in the marketing technology industry.
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