LiveShopBuy
About this raise
LiveShopBuy is an eCommerce marketplace for small businesses. It’s comprehensive eCommerce, education, and technology platform gives consumers a way to shop locally and conveniently, while giving small businesses maximum exposure. The platform with copyrighted and patent-pending technology offers social media marketing tools, business coaching, and Geo-targeting in addition to its online marketplace. LiveShopBuy believes they are “...like an Amazon, Yellow Pages, Groupon, and Yelp all in one, but exclusively for small to mid-size business.” Plus, they give back 5% of net profits to communities from which the sales come from.
Investment Overview
Invested : $15,661
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 09/04/2018
- Close Date
- 11/05/2018
$10,000
$107,000
$350
Equity - Common
Early Stage
RegCF
$0.46
$3,860,000
Company & Team
Company
- Year Founded
- 2015
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Distribution Model
- B2B2C
- Margin
- Capital Intensity
- Company Website
-
Visit Website
Team
- Employees
- 9
Financials
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 11/05/2018 | StartEngine | $3,860,000 | $15,661 | Equity - Common | Funded | RegCF |
Founder Interview
Founder Profile: Buying Local Online With Live.Shop.Buy CEO Joseph Anselmo
At time of publication, September 28, Live.Shop.Buy had raised $10.5KFor years now Amazon has become the 1,000 pound gorilla in the room dominating e-commerce, however if there is one thing Amazon can’t do, it’s make you feel tied to your community. At a trillion dollar market cap, it’s by all means left any sense of small town feel.
Which is why if we want to bring the local shopping experience online, a tailored solution is needed. That is where LiveShopBuy comes into play, with its e-commerce platform focused on enabling all small and local businesses to be able to sell online.
Imagine your boutique shoe store around the corner from you suddenly selling online so those pairs of shoes you wanted to buy for your sister at Christmas can now be delivered to your door just like any other gift you buy online.
The value of shopping local and giving back local is something that is very much showing up in millenial and GenZ buying behavior. LiveShopBuy has the opportunity to capitalize on this.