Flip Overview
- Year Founded
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2019
- Status
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Private
- Employees
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118
- Latest Deal Type
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Series C
- Latest Deal Amount
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$144M
- Investors
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16
Flip General Information
Description
Developer of a social commerce platform designed to combine a social network of shoppers with an e-commerce marketplace. The company's platform offers brands a social commerce enablement to instantly launch and access a social community of shoppers and creators and allows a community of shoppers to share video reviews of products and discover products through short videos of user-generated content that is instantly shoppable with one-click checkout, enabling shoppers to receive the desired peer validation before buying.
Contact Information
Website
www.flip.shopCorporate Office
- 2250 East Maple Avenue
- El Segundo, CA 90245
- United States
Corporate Office
- 2250 East Maple Avenue
- El Segundo, CA 90245
- United States
Flip Timeline
Flip Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Later Stage VC (Series C) | 08-Apr-2024 | $144M | Completed | Generating Revenue | ||
| 6. Later Stage VC (Series B1) | 21-Feb-2024 | Completed | Generating Revenue | |||
| 5. Secondary Transaction - Private | 05-Oct-2022 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series B) | 19-Jul-2022 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 30-Aug-2021 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series 1) | 24-Nov-2020 | $3M | $6.75M | Completed | Startup | |
| 1. Seed Round | 23-Oct-2019 | $3.75M | $3.75M | Completed | Startup |
Flip Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B-2 | ||||||||
| Series B-1 | ||||||||
| Series A-4 | ||||||||
| Series A-3 | ||||||||
| Series A-2 | ||||||||
| Series A-1 | ||||||||
| Seed-1 | 1,008,488 | $0.001000 | $0.86 | $0.86 | 1x | $0.86 | 3.26% | |
| Seed | 2,704,845 | $0.001000 | $1.07 | $1.07 | 1x | $1.07 | 8.74% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
Flip Comparisons
Industry
Financing
Details
Flip Competitors (1)
One of Flip’s competitors is Fold, a Venture Capital-Backed company based in Phoenix, AZ.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Fold | Venture Capital-Backed | Phoenix, AZ |
Flip Patents
Flip Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20240144677-A1 | Mobile application camera activation and de-activation based on physical object location | Pending | 02-Nov-2022 | ||
| US-20220327475-A1 | Mobile application camera activation and de-activation based on physical object location | Active | 14-Jan-2020 | ||
| US-12099959-B2 | Mobile application camera activation and de-activation based on physical object location | Active | 14-Jan-2020 | ||
| US-11412382-B2 | Mobile application camera activation and de-activation based on physical object location | Active | 07-Nov-2019 | ||
| JP-2024097934-A | Validation and invalidation of camera for mobile application on the basis of position of physical object | Pending | 07-Nov-2019 | H04W12/08 |
Flip Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Flip Investors (16)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| AppLovin | Corporation | Minority | ||
| eGateway Capital | Growth/Expansion | Minority | ||
| ATEL Capital Group | Lender/Debt Provider | Minority | ||
| WestCap (New York) | Growth/Expansion | Minority | ||
| BDMI | Corporate Venture Capital | Minority |
Flip Acquisitions (1)
Flip’s most recent deal was a Merger/Acquisition with Curated for . The deal was made on 09-Jul-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Curated | 09-Jul-2024 | Merger/Acquisition | Internet Retail |
Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Curated | San Francisco, CA | 2017 |
Flip FAQs
-
When was Flip founded?
Flip was founded in 2019.
-
Where is Flip headquartered?
Flip is headquartered in El Segundo, CA.
-
What is the size of Flip?
Flip has 118 total employees.
-
What industry is Flip in?
Flip’s primary industry is Social/Platform Software.
-
Is Flip a private or public company?
Flip is a Private company.
-
What is the current valuation of Flip?
The current valuation of Flip is .
-
What is Flip’s current revenue?
The current revenue for Flip is .
-
How much funding has Flip raised over time?
Flip has raised $306M.
-
Who are Flip’s investors?
AppLovin, eGateway Capital, ATEL Capital Group, WestCap (New York), and BDMI are 5 of 16 investors who have invested in Flip.
-
Who are Flip’s competitors?
Fold is a competitor of Flip.
Data Transparency
-
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