Oooferton is an online flash-sales portal founded in 2009 by Luis Krug that sells a single product each day with aggressive pricing. The site is structured around three categories—leisure, electronics, and fashion—and aims to attract compulsive buyers and foster customer loyalty through a very simple purchase experience. Oooferton began operating in May 2009 and is headquartered in Santa Perpètua de Mogoda (Vallès Occidental). Its membership base was nearly 300,000 users at the time of the report, with a predominantly male audience (approximately 75%) driven by its electronics offerings. Financially, the company projected revenues of €2.4 million for 2010 and targeted €6 million for 2011.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Nov 2010