Tilt
Allowed users to pool funds for objectives in a simple, social, and frictionless way online.
Description
Tilt was an early pioneer in peer-to-peer money transfers. It was geared more toward group payments than individual transactions, but in some ways competed with PayPal, Venmo and Square Cash. It was also used for crowdfunding anything from activities to causes, which made it an alternative to fast-growing GoFundMe.
Legal Name
-
Former Legal Name(s)
-
Company Reputation
-
Entity Type
Private limited company
Ownership Status
-
Operational Status
Inactive
Founded Date
2012
Operational Duration
5 years
Shutdown Date
2017
Last Financing Round
Series B
Total Raised
USD 62.1M
Last Financing Date
8 Jul 2015
No. of Funding Round(s)
4
No. of Investor(s)
10
No. of Employees
100 - 250
Total Revenue
-
Post-money Valuation
-
Market Capitalization
-
Stage of Development
Exit
Transactional Model Type
P2P
Defensibility Moats
User networks,
City
San Francisco
State/Province
California
Country
United States
Industry
Internet
Categories
Crowdfunding, Finance, Payments,
Note: Direct competitors are defined by similarity score of more than 40%, while similar companies are defined by similarity score of less than 40%
| No. | Image | Name | Similarity score | Description | Industry | Categories | Location | Ownership status | Entity type | Stage of development | Transactional model type | Defensibility moats | Last financing round | Total raised | Post-money valuation | Last financing date | No. of funding round(s) | No. of investors | Investors | Total revenue | Market capitalization | No. of investments | No. of acquisitions | No. of board seats taken | Competition | Management | No. of employees | Company reputation | Contact info | Operational status | Operational duration | Shutdown date | Founded date | Legal name | Former legal name(s) | Ticker |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. |  | Clinkle | 18.3% | A digital wallet mobile app that allowed consumers to check out in stores using iPhone and Android. | Internet | Finance, Transaction Processing, Payments | United States | - | - | - | - | - | Early Stage | - | - | - | - | - | - | - | - | - | - | - | - | - | 50-100 | - | - | Inactive | - | - | 2011 | - | - | - |
2. |  | Flowtab | 16.8% | A mobile app that offered ordering and payments platform designed to enhance users nightlife experience. | Internet | Mobile Applications, Food & Beverages, Transaction Processing, Payments, Nightlife | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 50-100 | - | - | Inactive | - | - | 2011 | - | - | - |
3. |  | Zumbox | 15.9% | A proposed hybrid mail service for receiving postal mail via the web. | Internet | Email, Payments, Online Portals | United States | - | - | - | - | - | Late Stage | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2006 | - | - | - |
4. |  | Coachletic | 13.9% | An online portal for registrations and payments for sports clubs. | Internet | Sports, Fitness, Payments | Canada | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Inactive | - | - | 2015 | - | - | - |
5. |  | Wazza | 12.2% | An online payments analytics platform. | Internet | FinTech, SaaS, Analytics, Payments | Portugal | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2014 | - | - | - |
6. |  | TipJoy | 11.8% | A social payments engine that allowed merchants to sell digital content to raise money for causes and individuals to lend money. | Internet | Payments, Social | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2008 | - | - | - |
7. |  | Confido | 11.0% | A payment solution developed to be used by both businesses and individuals. | Internet | FinTech, Payments, Financial Services, Blockchain | Germany | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Inactive | - | - | 2017 | - | - | - |
8. |  | SellSimple | 10.7% | Online marketplace. | Internet | Marketplace, Payments, Shopping, E-Marketplace, Applications | United States | - | - | - | - | - | Seed | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2013 | - | - | - |
9. |  | Balanced | 9.8% | A peer-to-peer (P2P) marketplace payments platform. | Internet | E-Commerce, Payments, Financial Services | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2010 | - | - | - |
10. |  | Modabound | 9.4% | A peer-to-peer local fashion marketplace for buying and selling fashion items. | Internet | Fashion, Finance, Shopping, P2P, Marketplace | United States | - | - | - | - | - | Seed | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2013 | - | - | - |
11. |  | SplitKart | 8.9% | A mobile app that allowed users to split bills and plan outings. | Internet | Mobile Applications, Payments, Financial Services | India | - | - | - | - | - | Seed | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2015 | - | - | - |
12. | .png){kind=logo} | Buck | 8.8% | A mobile checkout platform allowing users make single-click mobile credit card payments for purchases. | Internet | Credit Cards, Mobile, Payments | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2007 | - | - | - |
13. |  | SellAnApp | 8.4% | Connected the creative community with app developers. | Internet | Applications, Auctions, Crowdfunding | Netherlands | - | - | - | - | - | Seed | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2012 | - | - | - |
14. |  | Wildcard | 8.0% | A company that helped people to spread out their pay cheque. | Internet | FinTech, Finance, Financial Services | Australia | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2016 | - | - | - |
15. |  | SellaBand | 7.9% | A crowdfunding website for musicians. | Internet | Music, Social Media, Crowdfunding, Social Music | Germany | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2006 | - | - | - |
16. | .png){kind=logo} | FLASHiZ | 6.3% | A mobile payment service provider. | Internet | Financial Services, Mobile, NFC, Payments, QR Codes | Luxembourg | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2011 | - | - | - |
17. |  | Tab | 6.1% | A web-based prepaid loyalty app for brick-and-mortar shops. | Internet | Software, Finance, Payments, Financial Services | United Kingdom | - | - | - | - | - | Seed | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2012 | - | - | - |
18. |  | Devver | 6.0% | A service that turned developers' existing desktop tools into cloud-based services. | Internet | Cloud Computing, Finance, Technology | United States | - | - | - | - | - | Early Stage | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2008 | - | - | - |
19. |  | GratisPay | 5.3% | Virtual currency monetization platform for social applications and online games. | Internet | Online Games, Virtual Currency, Payments | Germany | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Inactive | - | - | 2008 | - | - | - |
20. |  | Cardback | 5.0% | A payment recommendation platform that helped credit, debit, prepaid cardholders save smart every time they pay. | Internet | Credit Card Related, Loyalty Programs, Payments | India | - | - | - | - | - | Seed | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2013 | - | - | - |
| No. | Image | Name | Investor type | Description | Location | Preferred investment stage(s) | Stages invested in | Assets under management (AUM) | Investment range | Investment sweet spot | Preferred investment focus | Preferred investment geography | No. of investments | No. of lead investments | No. of follow-on investments | No. of co-investments | Portfolio companies | No. of exits | Total exit value | No. of failed investments | Loss on investments | No. of acquisitions | No. of board seats taken | No. of funds | Limited partners | Co-investors | No. of partners | Partners | No. of employees | Management | Board members | Founders | Investor reputation | Contact info | Entity type | Legal name | Former legal name(s) | Founded date | Ticker |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. |  | Alexis Ohanian | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
2. | | Bill Boebel | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
3. | | Brainchild Holdings | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
4. | | Chris Powers | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
5. | | CrunchFund | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
6. | | DCM Ventures | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
7. | | Elad Gil | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
8. | | Felicis Ventures | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
9. | | Fort Ventures | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
10. | | Garry Tan | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| No. | Image | Name | Previous designation | Previous company | Previous biography | Previous profile type | Previous location | Experience | Education | Reputation | Current company | Current designation | Current biography | Current profile type | Current location | No. of investments | No. of exits | Total exit value | No. of board seats taken | Contact info |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. |  | James Beshara | Director of Group & Social Travel | - | - | - | - | - | - | - | Airbnb | - | James has been pushing the group-funding envelope since 2007. Before co-founding Crowdtilt, he studied Development Economics in undergrad and then went on to build dvelo.org, a site for group-funding poverty-alleviation organizations in developing countries. James hopes that people will eventually use Crowdtilt to change the world. But for now, he’s totally ok with them using it to facilitate late-night parties and tailgates. | - | - | - | - | - | - | - |
2. |  | Karolyn Baxter | Founder & CTO | - | - | - | - | - | - | - | Tilt | - | Founder & CTO of Tilt USA. | - | - | - | - | - | - | - |
3. |  | Khaled Hussein | Payments | - | - | - | - | - | - | - | Airbnb | - | Khaled saw a computer for the first time in his final year of high school in Alexandria, Egypt—and has been BEYOND hooked ever since. He studied Computer Science and Human Computer Interaction at Virginia Tech and then went on to start a PhD program. But (shocker!) he left shortly after to join a startup that was eventually acquired by Rackspace. After a few years of helping lead their Corporate Strategy, he got the startup itch again and joined James at Tilt. | - | - | - | - | - | - | - |
| No. | Financing date | Financing round | Total amount raised | Post-money valuation | Financial viability | Fundraising target amount | Remaining target amount | Financing type | No. of investors | Board seats | Lead investors | Entity type | Financing status |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. | 8 Jul 2015 | Series B | USD 25M | - | - | - | - | - | - | - | Completed | ||
2. | 16 Dec 2013 | Series B | USD 23M | - | - | - | 14 | - | - | - | Completed | ||
3. | 26 Apr 2013 | Series A | USD 12M | - | - | - | 11 | - | - | - | Completed | ||
4. | 17 May 2012 | Seed Round | USD 2.1M | - | - | - | 17 | - | - | - | Completed |
