Flip, founded in 2019, is an e-commerce platform striving to foster a social and interactive shopping environment. By promoting dialogue and interaction among users, Flip seeks to encourage better-informed purchasing decisions based on shared experiences and insights. Their social-first approach to e-commerce aims to allow users to discover, discuss, and decide on products in a community setting, with the goal of enhancing the overall shopping experience. Flip is headquartered in Los Angeles, California.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
02/13/2024 | Series C-3 | $12.43MM | $xx.xx | $1.26B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
629,035
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
||||||
02/13/2024 | Series C-2 | $40.25MM | $xx.xx | $1.26B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
2,360,060
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
||||||
02/13/2024 | Series C-1 | $132.52MM | $xx.xx | $1.26B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
5,697,332
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
||||||
02/13/2024 | Series A-5 | $102.67MM | $xx.xx | $1.26B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
4,413,817
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.1x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
||||||
07/19/2022 | Series B-2 | $4.44MM | $xx.xx | $525.06MM | WestCap, Mubadala Capital, Streamlined Ventures | |
Price per Share
$xx.xx
Shares Outstanding
459,699
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
WestCap, Mubadala Capital, Streamlined Ventures
|
||||||
07/19/2022 | Series B-1 | $55.56MM | $xx.xx | $525.06MM | WestCap, Mubadala Capital, Streamlined Ventures | |
Price per Share
$xx.xx
Shares Outstanding
3,437,139
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
WestCap, Mubadala Capital, Streamlined Ventures
|
||||||
08/30/2021 | Series A-4 | $1.52MM | $xx.xx | $125.84MM | Streamlined Ventures, Mubadala Capital, BDMI, Ruby Lu | |
Price per Share
$xx.xx
Shares Outstanding
349,672
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Streamlined Ventures, Mubadala Capital, BDMI, Ruby Lu
|
||||||
08/30/2021 | Series A-3 | $4MM | $xx.xx | $125.84MM | Streamlined Ventures, Mubadala Capital, BDMI, Ruby Lu | |
Price per Share
$xx.xx
Shares Outstanding
1,104,047
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Streamlined Ventures, Mubadala Capital, BDMI, Ruby Lu
|
||||||
08/30/2021 | Series A-2 | $6.45MM | $xx.xx | $125.84MM | Streamlined Ventures, Mubadala Capital, BDMI, Ruby Lu | |
Price per Share
$xx.xx
Shares Outstanding
2,670,469
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Streamlined Ventures, Mubadala Capital, BDMI, Ruby Lu
|
||||||
08/30/2021 | Series A-1 | $18.65MM | $xx.xx | $125.84MM | Streamlined Ventures, Mubadala Capital, BDMI, Ruby Lu | |
Price per Share
$xx.xx
Shares Outstanding
3,848,768
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Streamlined Ventures, Mubadala Capital, BDMI, Ruby Lu
|
||||||
10/23/2019 | Series Seed-1 | $865,000 | $xx.xx | $15.92MM | TLV Partners, Lool Ventures | |
Price per Share
$xx.xx
Shares Outstanding
1,008,488
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
TLV Partners, Lool Ventures
|
||||||
10/23/2019 | Series Seed | $2.9MM | $xx.xx | $13.27MM | TLV Partners, Lool Ventures | |
Price per Share
$xx.xx
Shares Outstanding
2,704,845
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
TLV Partners, Lool Ventures
|