
Rewarder
Rewarder is a marketplace for knowledge and expertise. It's the best way to get fast, trusted solutions to solve your needs..
USD | 2022 |
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Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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Rewarder operated as a social marketplace connecting users with needs to a community of individuals possessing the relevant expertise to solve them. Founded in 2010 and headquartered in San Francisco, the company's platform facilitated a direct exchange where a user could post a question or problem and offer a financial incentive for a satisfactory answer or solution. This model catered to a broad market, addressing everyday issues from home and auto repairs to seeking specific advice, by leveraging a community of over 750,000 members.
The business model was centered on creating a forum for crowdsourced problem-solving. Individuals or businesses seeking help would define their need and attach a monetary reward, creating a competitive environment for experts to provide the best possible assistance. This approach aimed to deliver fast and trustworthy solutions by connecting advice-seekers with people who had verifiable, real-world experience. The company's revenue generation was likely tied to transactions on the platform, although specific details are not publicly available.
Rewarder secured $7 million in a Series A funding round on August 1, 2012. The investment was led by Granite Ventures and Global Inventures, demonstrating venture capital confidence in its online marketplace concept. Despite its initial funding and community growth, the company is now listed as out of business, with operations ceasing around August 2015.
Keywords: knowledge marketplace, expertise exchange, social problem-solving, online rewards platform, peer-to-peer assistance, crowdsourced solutions, question and answer market, expert community, online consulting, skill-based rewards, on-demand advice, paid answers, social commerce, community-based support, micro-consulting, freelance expertise, knowledge sharing economy, Granite Ventures, Global Inventures, out of business