Flip: A Billion Dollar Valuation and a $144 Million Boost
April 10, 2024, 3:34 am
Flip Social Shopping
Location: United States, California, Los Angeles
Employees: 51-200
Founded date: 2019
Total raised: $232M
Flip, a rising star in the social commerce world, is making waves with a $144 million Series C funding round that has catapulted its valuation to a staggering $1.05 billion. The company is set to relaunch its marketing platform with the help of AppLovin's cutting-edge AXON technology, a move that promises to revolutionize the way brands connect with customers. With AppLovin's $50 million investment leading the charge, Flip is poised for explosive growth in the coming months. The partnership will not only benefit Flip brands, but also extend its reach to AppLovin's massive network of 1.4 billion daily active users, opening up a world of possibilities for both parties. CEO Noor Agha's vision for Flip as a shopping social network is taking shape, with a community of shoppers creating and sharing video reviews that make shopping a seamless and interactive experience. With this latest funding round, Flip is set to become a powerhouse in the social commerce space, redefining the way we shop and connect with brands.