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| Startup Name | ShopCo |
|---|---|
| What problem are you solving? | There are many reasons why cart abandonment happens: unexpected costs, better price found elsewhere and sometimes – the process takes too long that you lose interest. Others have concerns about payment security that has you wondering if your personal data is 100% safe in the hands of unknown retailers. ShopCo was designed with the sole purpose in providing a simple, secure way to shop online without unnecessary hassles. |
| What is your solution? | Digital shopping, meets innovation. ShopCo’s One-Click buy button has finally made it possible to purchase anything online instantly without having to register or deal with a 10-15 step checkout process – ever again. Say goodbye to annoying registrations, multiple logins, endless spam emails, and pesky newsletters. Using advanced Artificial Intelligence, ShopCo makes it simple to go from “Want it” to “Have it” in just a single click. |
| Target Market | Consumers |
| How will you make money? | Free |
| Tell us about the market & founders, why is this a great opportunity? | Although some companies have attempted to achieve a similar goal, this idea was originally the brainchild of founder and CEO, Jay Habib. Soon after, he received support from Manuel Schoebel in order to build a prototype and to raise the first tier of funding. Martin Kassing and Tim Yavuz soon joined after as entrepreneurial managers in business development and operations, respectively. Now with 30 employees and still growing, the team at ShopCo leads us ever-closer towards our goal to make online shopping a simpler and more pleasant experience.Jay Habib, Founder & CEO – Before ShopCo, Jay founded several startups and gained professional experience in business development, consulting and private equity. He loves disruptive business models and challenging the status quo. Manuel Schoebel, Co-Founder & CTO – Manuel is the technical mastermind behind ShopCo, a passionate MeteorJS pioneer and well-known coder in the global tech community. He was the one to bring the initial idea of ShopCo to life. Manuel loves technical solutions that solve big problems and is an enthusiastic drummer. Martin Kassing, Business development – Martin is responsible for user-growth and steers all strategic partnerships and fundraising efforts. As a previous founder of a tech start-up and a leading private equity fund in Europe, he understands growth and stakeholder management from the inside out. Tim Yavuz, Operations & Product – Tim is responsible for the operations and product development. Prior to ShopCo, he was an entrepreneur at Rocket Internet and a founder of an edtech company. Due to his vast experience and mindset, he guarantees smooth operational and product processes. |
| Founders Names | Martin Kassing |
| Website | http://www.shop.co |
| Twitter Handle | @MyShopCo |
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