Company Research Report
Company Overview
Name
Flippa
Mission
No information is available.
Founding Information
- Founded in: 2009
- Founder(s): No information is available.
Key People
- Blake Hutchison - CEO
- Ray Preston - VP of Sales
- Amber Burke - Broker Manager
Headquarters
Location: Cremorne, Victoria, Australia
Number of Employees
Employees: More than 150 employees.
Revenue
No information is available.
What is the Company Known For?
Known For:
Flippa is globally recognized as the #1 platform for buying and selling online businesses and digital assets.
Products
Overview
Flippa provides a comprehensive platform for buying and selling various types of online businesses and digital assets.
Key Products
1. Flippa Marketplace:
- Description: A platform that connects buyers and sellers of online businesses including eCommerce stores, SaaS businesses, content sites, and more.
- Key Features:
- Advanced search feature
- Intelligent matching algorithms
- Integrated deal room and communication tools
2. Flippa Business Valuations:
- Description: A tool to provide an estimate of a business's market value.
- Key Features:
- Uses earnings multiplier calculations
- Incorporates multiple key metrics
- Offers actionable insights for valuation
3. Flippa Legal Services & Templates:
- Description: Legal support services and templates essential for the transaction.
- Key Features:
- Basic and complex legal services packages
- Asset-specific template documents
- Access to verified legal professionals
4. Flippa Due Diligence:
- Description: A service that provides a deep-dive analysis into a business’s operational, financial, and traffic data.
- Key Features:
- Comprehensive due diligence reports
- Verification insights
- Growth opportunity insights
5. Flippa Payment Options:
- Description: Secured transaction solutions for buying and selling.
- Key Features:
- FlippaPay, powered by AscendantFX
- Support for over 100+ currencies
- Low transaction costs
6. Flippa Financing:
- Description: Financing solutions for buyers to acquire businesses.
- Key Features:
- SBA loans, 401k financing, unsecured financing
- Pre-qualification services
- Connectivity with multiple finance partners
Recent Developments
Recent Activities and Announcements
1. Expansion of Services:
- New Offerings: Introduction of Chrome Extensions and Shopify Plugins into their marketplace, allowing users to buy and sell these new classes of digital assets.
2. Enhanced Marketing Tools:
- Upgrades: Deployment of advanced marketing and promotional tools to boost listing visibility, such as homepage features, email newsletters, and targeted social media campaigns.
3. AI-Driven Matching:
- New Features: Integration of an AI recommender engine to provide more precise buyer-seller matchmaking, ensuring quicker and higher-quality transactions.
4. Global Expansion:
- Office Openings: Establishment of additional offices in strategic global locations including Austin, Texas, and Amsterdam, Netherlands, to better serve their regional markets.
5. Capital Injection:
- Funding Round: Completed a significant funding round (Series A) worth $11.0M to fuel further growth and product enhancement.
New Partnerships
No information is available.
New Product Launches
No information is available.
New Features Added
No information is available.
Any New Partnerships
No information is available.