BuyWithMe

About

BuyWithMe is providing a borderless payment ecosystem through QR code and Libra coins, where local merchants can offer deals to members

New York,New York,United States
11 - 50
https://www.buywithme.app

Highlights

Details

Last Funding Type: Seed
Last Funding Money Raised: $282.50K
Industries: Banking,Blockchain,Communities,Cryptocurrency,E-Commerce,Financial Services,Group Buying,Mobile Payments,Payments,Transaction Processing
Founded date: Mar 1, 2009
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: BuyWithMe, Inc

BuyWithMe is the premier group-buying app where leading local merchants to offer exclusive limited-time offers to members of the BuyWithMe community.

BUYWITHME MISSION: CREATE THE FUTURE OF PAYMENT AND COMMERCE.

The BuyWithMe is a mobile digital asset wallet application that supports the balance management of your facebook libra coins code-scanning payment, as well as mobile app payment, that can be used anytime, anywhere. It allows users to easily make payments in physical stores via QR codes and facebook Liba coins.
Get notified of nearby deals and offers. Restaurants, buffets, spas and salons, gaming & bowling, things to do, and the list is endless – BuyWithMe helps you save money through awesome deals on everything near you!

Customers have one unique QR code in the profile screen, which is used to scan the bar code generated by the customer to customer account transfer money. This is another way to transfer the funds from one customer to another. You will not need any pos or any other infrastructure. You can manage your business with your mobile. Transactions via BuyWithMe app can be processed immediately, while offline transactions can be made by scanning the QR code, which will later be uploaded onto the blockchain. It allows users to easily make payments in physical stores via BuyWithMe wallet app with facebook Libra coins, Bitcoin, Ethereum or any type of cryptocurrency. All transactions broadcasted and updated on the blockchain

BuyWithMe is headquartered in New York City and maintains an office in Austin where it was founded. BuyWithMe was founded by serial entrepreneur and value investor Andrew Moss, and refounded by an ambitious entrepreneur, Zsolt Sasdi.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

6

$36.96M

BuyWithMe has raised a total of $36.96M in funding over 2 rounds. Their latest funding was raised on Jun 1, 2011 from a Debt Financing round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jun 1, 2011	Debt Financing	$5M	1	—	—	Detail
May 15, 2011	Series C	$10M	1	Bain Capital	—	Detail
Jul 6, 2010	Series B	$16M	2	Bain Capital Ventures	—	Detail
Jan 20, 2010	Series A	$5.50M	2	—	—	Detail
Oct 9, 2009	Seed	$180K	—	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

2

5

BuyWithMe is funded by 5 investors. Bain Capital and Bain Capital Ventures are the most recent investors.

Investor Name	Lead Investor	Funding Round
Bain Capital	Yes	Series C
Bain Capital Ventures	Yes	Series B
Pinnacle Ventures	—	Debt Financing
Matrix Partners	—	Series B
Christian Dahlen	—	Series A

Employee Profiles

Number of Employee Profiles

5

BuyWithMe has 5 current employee profiles, including Employee Davey Randa

Employee

Employee

Executive

Executive

Executive

Acquisition

BuyWithMe has acquired 6 organizations. Their most recent acquisition was LocalTwist on Mar 14, 2011. They acquired LocalTwist for 0.

Date Company Name	Industry	Acquisition Type	Price
Mar 14, 2011 LocalTwist	E-Commerce	—	—	Detail
May 3, 2011 DealADayOnline	Consumer	—	—	Detail
May 15, 2011 Edhance	Coupons	—	—	Detail
May 25, 2011 Groop Swoop	Advertising	—	—	Detail
Aug 1, 2011 ScoopSt	Internet	—	—	Detail