NetPlenish, Inc.
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NetPlenish, Inc. - overview
Location
Ventura, CA, US
Primary Industry
Retail
About
NetPlenish, Inc. is a technology-driven company that enhances shopping through its mobile app, facilitating product selection and purchasing with a focus on cryptocurrency transactions. NetPlenish, Inc. develops a mobile application that simplifies shopping by allowing users to scan products for easy purchase.
Founded in Ventura, US, the company has made 4 deals, including a funding round of USD 0. 10 mn in December 2012 from unspecified investors. The founder's details are not disclosed, and there are no mentions of any changes in business strategy or subsidiaries. NetPlenish primarily offers a mobile application designed to streamline the process of product selection and purchasing through its Grab tool.
This tool enables users to quickly build a shopping list by scanning their favorite products, facilitating a convenient shopping experience. The app also supports cryptocurrency transactions, allowing customers to pay using Bitcoin and other major cryptocurrencies, thus providing a modern alternative to traditional payment methods. The target clientele includes tech-savvy consumers and cryptocurrency users, with the potential to tap into various geographical markets where digital currency is gaining traction, including North America and parts of Europe. Overall, NetPlenish aims to enhance the shopping experience by integrating innovative technology with everyday consumer needs.
NetPlenish generates revenue through transaction fees associated with the purchases made via its mobile app, specifically targeting users who opt for cryptocurrency payments. The business model incorporates both direct-to-consumer sales and partnerships with retailers, allowing customers to purchase products seamlessly through the app. While specific pricing details for individual products or services are not disclosed, the app's functionality supports a diverse range of consumer goods, including those available for purchase through cryptocurrency. The revenue structure is facilitated by the growing trend of digital payments, positioning NetPlenish advantageously within the evolving retail landscape where convenience and technological integration are paramount.
As of December 2012, NetPlenish, Inc. plans to utilize the recent funding of USD 0. 10 mn to enhance its mobile application features and expand its market presence. The company aims to introduce new functionalities catering to evolving consumer needs, focusing particularly on markets in North America and Europe where cryptocurrency adoption is increasing.
Specific product launches or additional geographic expansion initiatives have not been detailed.
Current Investors
Gold Hill Capital, 500 Global, Ludlow Ventures
Primary Industry
Retail
Sub Industries
eMarketing/Digital Marketing, Retail
Website
www.netplenish.com
Verticals
AdTech, Big Data, Blockchain, E-commerce, Mobile Apps, Social Media
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
NetPlenish, Inc. - employee data


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