Zeek
Private | |
Headquarters | Tel Aviv, Israel |
Area served | Israel, United Kingdom |
Services | Store credit trading |
Number of employees | 35 |
Website |
zeek |
Zeek is an online gift card and voucher marketplace founded in 2013 and based in Tel Aviv, Israel.[1][2] The company allows consumers to buy cards and vouchers at discounted rates compared to their face value.[3][4] Zeek profits on commissions that are charged to sellers for each transaction.[5][6] In July 2016, Zeek had 35 employees.[2]
The company's operations involve consumers purchasing and selling store credits amongst one another, via the uploading of scans of credits and gift cards to the company's online platform.[5][7] The company's web site and mobile app are used by both buyers and sellers for voucher transactions.[8]
History
Zeek was established by Daniel Zelkind, Itay Erel, Ziv Isaiah[2] and Uri Levine as an investor.[9] The company originally started operating in Tel Aviv, Israel.[6][10] In September 2014, they extended their technologies and marketplace to include a desktop application in the United Kingdom.[11] Zeek commenced with operations in the UK in December 2014.[12] In December 2014, co-founder Daniel Zelkind stated that the mobile app had received 200,000 downloads.[13]
In May 2015 Zeek secured $3 million in series A funding from Blumberg Capital and Qualcomm.[14] In July 2016 the company managed to secure a $9.5 million successful round B funding led by Blumberg Capital and Qualcomm[6] in order to further expand the company's market presence in the UK market.[15]
See also
References
- ↑ Moules, Jonathan (April 26, 2015). "Uncashed vouchers hold key for MBA app". Financial Times.
- 1 2 3 Levy, Ruti (July 28, 2016). "TechNation: Zeek raises $9.5 million for store-voucher marketplace - Business". Haaretz. Retrieved October 3, 2016.
- ↑ Murray, Amelia (January 2, 2016). "Unwanted Christmas gifts? You can do better than eBay". The Telegraph. Retrieved October 20, 2016.
- ↑ Boyce, Lee (December 26, 2015). "Zeek app lets you sell unwanted gift cards for cash". This is Money. Retrieved October 3, 2016.
- 1 2 Shamah, David (August 21, 2014). "Stuck with a store credit? Zeek helps you get rid of it". The Times of Israel.
- 1 2 3 O'Hear, Steve (27 July 2016). "Zeek, a startup that lets you buy and sell unwanted gift vouchers, closes $9.5M Series B". TechCrunch.
- ↑ Jones, Rupert (November 14, 2015). "Overdraft or a 'money transfer'? How to ease the cost of Christmas". The Guardian. Retrieved October 3, 2016.
- ↑ Shapira, Ariel (2015-05-27). "Tech Talk: Israel is a Kickstarter superpower". The Jerusalem Post. Archived from the original on 2016-09-25. Retrieved 2016-09-25.
- ↑ קנייה ומכירה של זיכויים למותגים בהנחה - הכירו את Zeek
- ↑ Goldenberg, Roy (2014-03-19). "Zeek allows shoppers to trade credit vouchers". Globes. Archived from the original on 2016-09-25. Retrieved 2016-09-25.
- ↑ Tanenbaum, Gil (2014-12-29). "Voucher Trading Startup Zeek Moves Into UK Market". Jewish Business News. Archived from the original on 2015-08-04. Retrieved 2016-09-25.
- ↑ Chang, Lulu (July 27, 2016). "Growing startup Zeek helps you sell those unwanted gift cards". Digital Trends. Retrieved October 3, 2016.
- ↑ Petroff, Alanna (December 24, 2014). "Sell your holiday gift cards for cold, hard cash". CNN Money. Retrieved October 20, 2016.
- ↑ "Unwanted store credit app co Zeek raises $3m". Globes. May 19, 2015. Retrieved 3 October 2016.
- ↑ Reback, Gedalyah (2016-07-27). "A gift card startup just raised $9.5 million to solve the unclaimed gift card problem". Geektime. Archived from the original on 2016-09-25. Retrieved 2016-09-25.