WeShop is a platform that allows consumers to share purchase information on a free and anonymous basis by pooling purchase data from users' email receipts or credit card transactions. The service is in private beta and requires users to grant access to their email accounts or credit card numbers so WeShop can flag purchases and insert them into profiles. WeShop analyzes pooled purchase data and sells anonymous shopping-history insights to vendors and local businesses, while ensuring vendors do not receive consumers' email addresses. The product also enables members to form anonymous virtual marketplaces, set terms for vendor offers, and search Q&A-style insights such as popular colors, brands, or where specific items are bought. For monetization, WeShop takes a cut of purchases that result from its leads and sells aggregated data to retailers. The company reports more than 15,000 members who have made over $20 million in purchases and has raised $2.8 million in funding from investors including Jonathan Miller.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2010