Paribus Receives $2,100,000 New Financing

  • Feed Type
  • Date
    10/7/2015
  • Company Name
    Paribus
  • Mailing Address
    625 Broadway 2nd Floor New York, NY 10012 USA
  • Company Description
    The Paribus team brings years of experience in advanced data structures and algorithms, data security and privacy, consumer advocacy, and retail sales. We used to help Fortune 500 companies solve their complex optimization problems. Now, we’re out to unleash powerful technology for shoppers everywhere to use.
  • Website
    http://www.paribus.co
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $2,100,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Paribus, today a team of five, is expecting to double its headcount by hiring more engineers following the round’s close. The team is also preparing to launch a new product next year that will focus on credit card price protection.
  • M&A Terms
  • Venture Investor
    General Catalyst Partners
  • Venture Investor
    Greylock Partners
  • Venture Investor
    Slow Ventures
  • Venture Investor
    Foundation Capital
  • Venture Investor
    Conversion Capital
  • Venture Investor
    Y Combinator
  • Venture Investor
    Investor
  • Venture Investor
    Undisclosed