Half Off Depot logo — company profile

Half Off Depot

Founded 2008 Series A Total: $9.00M E-Commerce, Social Media

General Information

Company Name Half Off Depot
Founded Year 2008
Industries E-Commerce, Social Media
Funding Stage Series A
Social

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About Half Off Depot

Half Off Depot is an E-Commerce and Social Media startup founded in 2008. The company offers an innovative Automated Internet Marketing (AIM) platform, providing a turnkey, cost-effective, and risk-free method for local merchants to acquire new customers online. The AIM engine engages, converts, and retains potential customers by targeting them with compelling online offers across advertising, email, search, and social media channels. Half Off Depot acquired CrowdSavings in 2013 and was rebranded as nCrowd. The company received a $7.00M Series A investment on 20 May 2011, with funding from BLH Venture Partners, Noro-Moseley Partners, and Linch Capital. Currently experiencing rapid growth, Half Off Depot has achieved positive cash flow.

Overall, Half Off Depot presents an enticing proposition for venture capitalists due to its successful track record, established market presence, and the potential for further expansion in the e-commerce and social media sectors. The company's acquisition of CrowdSavings and rebranding effort as nCrowd demonstrates a proactive approach to growth and consolidation within the industry. The platform's ability to effectively target and acquire new customers for local merchants, coupled with its positive financial outlook, positions Half Off Depot as an attractive investment opportunity.

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Series A •••••• 3
Investor Investor
•••• ••••
20 May 2011
Seed Round •••••• - 05 Aug 2010

Half Off Depot Alternatives & Competitors

Half Off Depot vs
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Half Off Depot vs
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FAQ About Half Off Depot

Half Off Depot offers online customer acquisition programs for local merchants through its innovative Automated Internet Marketing (AIM) platform. The AIM engine provides a turnkey, cost-effective, and risk-free method for local merchants to gain new customers online. AIM is built to engage, convert...
Half Off Depot was founded in 2008.
Half Off Depot operates in the following industries: E-Commerce, Social Media.
Half Off Depot has completed 2 funding rounds, raising a total of $9.00M. The latest funding stage is Series A.
Top alternatives and competitors to Half Off Depot include The Systems Depot, Tidal Commerce, First Merchants Corporation, GoNukkad.com, Mission. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Half Off Depot and The Systems Depot are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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