MassGenie Growth, Revenue, Number of Employees and Funding

Overview

Location:
Total Funding:$4.7M
Industry:Tech Services
Founded:2016
Lead Investor(s):SV FRONTIER
Press

City Ranking

Industry Ranking

State Ranking

Growjo 10k Ranking

Estimated Revenue & Financials

  • MassGenie's estimated revenue is currently $9.6M per year.
  • MassGenie received $Undisclosed in venture funding in January 2019.
  • MassGenie's estimated revenue per employee is $134789
  • MassGenie's total funding is $4.7M.

Employee Data

  • MassGenie has 71 Employees.
  • MassGenie grew their employee count by 15% last year.
  • MassGenie currently has 2 job openings.

Executive Contacts

NameTitle
Dan DeVriesChief Operating Officer
Sam KimDirector of Marketplace
Sean McEvoyPresident & Chief Executive Officer

What Is MassGenie?

MassGenie is a unique, online marketplace that gamifies both the buyer & seller experience. MassGenie is both Crowd Shopping and Crowd Selling. It is the only marketplace where both the buyer & seller can initiate a deal. MassGenie is coming soon, stay tuned! The MassGenie Difference Buyer Value - Only marketplace where the buyer can initiate a deal. On MassGenie, buyers can initiate a deal via a Power Deal and crowdsource their demand by using their own social media, while earning points on the marketplace. Seller Value - Sellers are allowed to market to their own customers and even non-customers. The MassGenie seller portal is easy to use and a seller can spend as little or as much money advertising as they would like. Crowdsourcing - The Buyer can intelligently leverage the power of crowdsourcing to Crowd Shop and raise their buying power with the seller(s). Gamification Marketplace - Multiple sellers can compete to fulfill volume deals by lowering their price. The game (Power Deal) is unpredictable. The selling prices cannot be predicted from one game to the next, giving sellers and buyers the opportunity to try to win again and again over time.

keywords:N/A

71

Number of Employees

$9.6M

Revenue (est)

2

Current Jobs

15%

Employee Growth %

$4.7M

Total Funding

N/A

Valuation

N/A

Accelerator

N/A

Type

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MassGenie News

10-Jun-19 - The best Nintendo Switch deal right now: $255

Then check this out: For a limited time, and while supplies last, MassGenie has the Nintendo Switch for $254.99 shipped. That's after clicking ...

5-Mar-19 - MassGenie Accelerates Growth In Social Shopping: GMV Up 2576%, Social Sharing & Shopping Up 4162% & 10,639% Respectively

MassGenie continues to change the way consumers shop online in the US, similar to what Pinduoduo did in China. Announces planned launch ...

1-May-17 - MassGenie Launches Crowd Shopping - The Newest Way To ...

IRVINE, Calif., May 1, 2017 /PRNewswire/ -- MassGenie today announced that it has launched its unique online marketplace site, which ...

MassGenie Funding

DateAmountRoundLead InvestorsReference
2017-01-23$1.0MAArticle
2018-03-28$1.5MUndisclosedArticle
2018-11-22$1.5MUndisclosedArticle
2019-01-04$UndisclosedUndisclosedSV FRONTIERArticle