Subasta de Ocio is an online auctioning app that applies gamification techniques to traditional bidding. It claims to auction more than 2,000 products and services a day and reports around 800,000 customers since being founded in May 2013. The company plans to double the number of suppliers by the end of the year and broaden its range of offerings, according to CEO Marc Zinck. Financially, it has raised €2 million from CNBB Venture Partners in its latest round and previously raised €1.5 million from angel investors. CNBB is a Dutch fund investing from a new €50 million technology fund, and CNBB managing director Lucas Brentjens will join Subasta de Ocio’s board. The app positions itself as distinct from other e-commerce apps by using gamification to stand out in crowded app stores.

Total raised

$2M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2017