Swipely -Turn your purchase into conversations got VC funding

By Vineet at May 12, 2010 | 3:58 am | Print

Swipely -Turn your purchase into conversations got VC funding

What Company Is Offering:

logo-fullSwipely ‘s tag line is, turn your purchase into conversations.Its main aim is to reinvent how people shop, share and save by adding value to every swipe. It provides a secure platform for consumers to recommend purchase experiences, discover new places and products through trusted friends, save money, and have more fun shopping.

How It Works

Users start swiping by following an easy and secure sign-up process to import purchases from their credit or debit card accounts. Users can also import purchases from email for purchases made at any online store.Users can rate their swipes and add comments or photos. Many swipes are geo-located automatically to specific store locations. Swipely also supports product details by integrating catalogs and menus from more than 250,000 retail and restaurant locations, allowing users to start conversations around specific outfits, meals, songs, movies, gadgets and millions of other products.

How Much It Got From Funding:

It has got Series A round of funding which is led by Index Ventures with participation from Greylock Partners, First Round Capital, and few other angel investors.

VC Details:

Index Ventures has been dedicated to building world-class information technology and life sciences companies.Index has invested in over 100 start-up companies across Europe and the US.They partner with the entrepreneurs in helping them build their companies.know more at:http://www.indexventures.com/

More at:http://beta.swipely.com/

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