Peeractive runs Drop 'til you Shop, an online shopping platform that delivers discounts to consumers while optimizing margins for retailers. Led by CEO Nick Rosenthal, the platform lets shoppers compete against each other for limited-time offered products while prices are constantly in-flux using a patent-pending dynamic pricing algorithm. The company has partnered with retailers in the jewelry, gourmet foods, and electronics industries. Peeractive graduated from DreamIt Ventures. Originally based in Sydney, Australia, the company recently relocated to New York. It closed a $1.25M funding round led by Robin Hood Ventures, with participation from DreamIt Ventures and a private equity fund.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Nov 2013