Its investors includediNovia Capital, Lightspeed Venture Partners, Real Ventures, Sequoia CapitalandVersion One Ventures. The companys second breach in the past year raises questions as to where VarageSales user data will reside, given its safety-first approach. Edit Lists Featuring This Company Section, Hometalk raises $15M to grow its DIY community, Communities Companies With More Than 10 Employees (Top 10K), Greater New York Area Acquired Companies With Less Than $1B in Revenue, Greater New York Area Companies With Less Than $1B in Revenue (Top 10K), City of New York Acquired Companies With Less Than $10M in Revenue.

Includes both desktop and mobile web. Share of Monthly Visits: Percent of total site visits that come from a given country. BetaKit also reported at the time that multiple sources indicated VarageSale had as little as six months of runway left. Monthly Rank Growth: Percentage change in traffic rank of site in a given country from previous month. SaaS, Android, Cloud Computing, Medical Device). StartUp HERE Torontois a publishing partner of Betakitand this article was originally published on their site. This profile is locked. We are excited that VerticalScope will continue to deliver on our mission to be the #1 choice to help our community members stretch their budgets, said Andrew Sider, CEO of VarageSale. So I asked myself, if these deals were available in the US why wouldn't comparable deals be offered on this side of the border? VarageSale, the Toronto-based buy-and-sell website and mobile app, has been acquired by VerticalScope, a Canadian digital media company. Some of VarageSales engineering and customer support employees have joined VerticalScopes team in Toronto as part of the acquisition. "A culture of collaboration is really at the heart of whats next in innovation. A list of 24 former employees currently looking for work was posted to the Facebook group StartupNorth by founder Tami Zuckerman. Based on the accounts of multiple sources close to the matter, and an estimation placing company headcount somewhere between 50-100 employees, our best guess is that anywhere from 30 to 50 percent of the company was laid off. Hometalk empowers every person to create the home they love. But that list doesnt account for the total number of employees laid off. Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning. consonance with Hometalks mission of enabling people to improve their living spaces through DIY. Active, Closed, Last funding round type (e.g. Total number of diversity investments made by an investor, Total number of employee profiles an organization has on Crunchbase, Total number of Crunchbase contacts associated with this organization, Descriptive keyword for an Organization (e.g. You dont need to leave Toronto to build a successful company., In Toronto, Bombardier manufactures business and commercial aircraft and relies on the diversified, local regional supply chain. While VarageSale is currently based in Toronto, the company was founded by Tami Zuckerman, an elementary school teacher living inMontreal, Quebec. The company stayed quiet over the next year, and as it brought on a new VP of engineering in August 2016, Sider shared that they were seeking product-driven growth over monetization from paid advertising. What is it like working at VerticalScope? Country: Represents the top 5 countries by total traffic to the site. Weeks Surging: Number of consecutive weeks a topic has been surging for a company (Surge Score greater than 64).

Two months later, Mercier would step down as CEO to take on a chief product officer role.

Total (non-unique) visits to site for the last month; includes desktop and mobile web. Topic: Topics are a specific type of product or service that a companys employees are searching for, indicating potential intent to take action. Thanks to everyone out there for visiting the site and to anyone who has ever told their friends about us or shared a deal! At time of publishing, Bannister has yet to respond to multiple requests. RedFlagDeals.com is a service provider of online promotions and shopping tools.

Today there are thousands of deals and coupons across 14 categories, full-time staff dedicated to finding deals, and most impressive of all, over 225,000 Canadians have joined the RedFlagDeals.com community to help find and share the best deals, coupons, and freebies with our 2 million+ monthly readers. Early Stage Venture, Late Stage Venture, Private Equity, Find More Contacts for The Vertical Group, Edit Lists Featuring This Company Section, Venture Capital Companies With More Than 10 Employees, Greater New York Area Companies With Less Than $1B in Revenue (Top 10K), Venture Capital Companies With Fewer Than 1000 Employees. We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. The strength of VarageSale is in its highly engaged user base who buy, sell and connect through their online marketplace. The strength of VarageSale is in its highly engaged user base who buy, sell and connect through their online marketplace.

Most of the time Canadian shoppers would window-shop and do the research, only to be denied at the checkout due to shipping restrictions. What your skills are worth in the job market is constantly changing. Shopping online for Christmas gifts? Name of the organization that made the acquisition, Total number of organizations similar to the given organization, This profile is locked. Pay increases are a top concern for 2022 to attract and retain talent, Temporary employee laws: A guide to hiring contract roles, What to include in a termination letter: Template and examples, How to Manage Your Time and Prioritize Your Workload. The higher the score, the higher the interest.

Tribal Fusion is a technology-enabled media services company that offers digital marketing solutions for advertisers and publishers. As part of the acquisition, some members of VarageSales engineering and customer support department joined VerticalScopes team at their Toronto office. Namely, whether she considered the sale to be a successful outcome, or the only option available for a company that had failed to monetize its own touted traction. We work with more than 70 suppliers located in the Greater Toronto Area and we benefit from a variety of expertise going from complex machining to systems integration., Graham Kelly, Vice-President, Global Operations & Toronto Site, Bombardier Aerospace, "Startups in Toronto benefit from support at every stage. VerticalScope owns more than 600 niche online communities in industries like automotive, health, tech, and sports. So with the help of readers from across the country we've be working on creating the definitive Canadian bargain shopping site for the past 8 years. While pregnant with her first child, she asked her husband Carl Mercier, a programmer, to improve on the experience of buying and selling items over social networks. Montreal-founded VarageSale acquired by VerticalScope. Monthly Visits Growth: Percent change in total visits to site for a given country from previous month. Weekly Surge Change: Week-over-week percentage change in Surge Score. Step-By-Step Pay Equity Analysis Guide Product Guide By clicking Download Product Guide, Do you know what your employees really want for the holidays? This gives tech companies in Toronto a huge advantage., I think its an attractive place to come for talented people, it's a huge market for creative people and I think there are some companies emerging that give people hope that it can be done here., Mike McDerment, CEO/Co-Founder, Freshbooks, "If you come to our studio and take a look at the people sitting around the table discussing ideas, theyre from almost every part of the world. The plan is to help continue VarageSales extended growth trajectory and ever-advancing market position, cementing its place as Canadas leading, safety-first online marketplace, Bannister said at the time. Per Crunchbase, VarageSale has raised $76 million CAD ($60 million USD) from investors like iNovia Capital, Real Ventures, and Version One Ventures. By early 2016, however, there were some signs of struggle for the company, which laid off 26 people, including its VPs of product and engineering. Their team has built a unique product predicated on a customer-centric, safety-first approach, said Rob Laidlaw, CEO of VerticalScope. WhatsApp acquired by Facebook). Whats exciting in Toronto is that we have local and international businesses partnering with the startup ecosystem and increasingly with the academic community to position themselves for success in the future. Topic Category: Topic categories are a class of topics, provided by Bombora. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. Seed, Series A, Private Equity), Whether an Organization is for profit or non-profit, Auto-generated name of transaction (e.g. Types of diversity represented in an organization, specifically of those who are founding members, currently the CEO, or have check-writing abilities in an investment firm. Includes both desktop and mobile web. Internet Brands is an internet media company that operates online media, community, and e-commerce sites in vertical markets. I couldn't be prouder of what we've accomplished so far. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. Active, Closed, Whether an Organization is for profit or non-profit, General contact email for the organization, Auto-generated name of transaction (e.g. WhatsApp acquired by Facebook). And its happening across the spectrum from digital media and information technology, to life sciences and healthcare, energy solutions and social innovation., Dr. Ilse Treurnicht, Former CEO, MaRS Discovery District, Something that makes Toronto truly unique is that willingness to share and communicate with people very openly inside the industry looking at the global pie as something we can all co-create and achieve together., Satish Kanwar, VP of Product, Acceleration, Shopify, The scale and quality of meet-ups and conferences and speaking events have gone up dramatically. Earlier this week, VarageSale announced that it had been acquired by Toronto-based VerticalScope for an undisclosed amount. Why do people leave their jobs? Active, Closed, Tags are labels assigned to organizations, which identify their belonging to a group with that shared label, This describes the type of investor this organization is (e.g. Angel, Fund of Funds, Venture Capital), General contact email for the organization. Name of the organization that made the acquisition, Total amount raised across all funding rounds, Total number of Crunchbase contacts associated with this organization, Total number of employee profiles an organization has on Crunchbase, Total number of investment firms and individual investors, Total number of organizations similar to the given organization, Descriptive keyword for an Organization (e.g. Zuckerman thought of the idea after trying to sell old stuff on classifieds websites, which she found to be text-heavy and lacking a focus on safety. The Vertical Group is a New Jersey-based venture capital firm focused on the fields of medical technology and biotechnology. Use our tool to get a personalized report on your market worth. Begin typing your search above and press return to search. Two months later, Mercier stepped down as CEO for a chief product officer role. If you'd like to suggest changes to this profile, please email us at support@crunchbase.com. View contacts for Hometalk to access new leads and connect with decision-makers. Even when a retailer did ship to Canada the exchange rate and duty. Established in 1999, VerticalScope owns and operates consumer shopping portals and enthusiast forum Websites focused on high-value vertical markets. VarageSale did not respond to multiple requests from BetaKit to confirm the total number of employees let go.

New research on who's asking for raises and who's getting them as well as advice on how to ensure you're getting the salary you deserve. In a Facebook post on startup community group StartupNorth, co-founder Tami Zuckerman shared a list of some former employees now looking for jobs. Homeowners, bloggers and professionals use Hometalk to share their DIY projects, ask questions and become inspired - all in. We look forward to welcoming VarageSale into our family of interest-based online communities and bringing their marketplace to more consumers and advertisers.. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. It is calculated on a scale of 0-100. Transform pay with our enterprise-grade comp platform, Automate compensation with our full-suite solution, Payscale's employer-reported salary data network, The world`s largest employee-submitted pay database, Annual survey salary data from HR industry publishers, The crowdsourced compensation data API for developers, 100% company submitted data from 2,000+ businesses, Schedule a personalized demo to feel the power of Payscale, Find salary information for similar job titles and locations, Comp Planning Business Case Pitch Deck By clicking Download Pitch Deck, you.

San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices. Sources familiar with the VarageSale acquisition have indicated that CEO Andrew Sider does not intend to stay with the company. With a dynamic, engaged community of 13 million members (40 million monthly visits, 300 million monthly pageviews, and 1 billion video views), Hometalk has become the worlds leading DIY Home & Garden knowledge hub. Sider said that the company was hoping to raise additional funding over the next 12 to 18 months. In May 2012, VarageSale launched its first community, Vaudreuil-Dorion and Surrounding Areas. A shift towards, Handling involuntary termination is a likely occurrence for human resources managers and, Return better results with Payscale job search, Compare real living costs across different states, Consider potential directions your career can take, Calculate the 20-year net ROI for US-based colleges, Are you the kind of person who struggles to get a handle, Learn where the best career earners attended college. As a leader in online communities, VerticalScope is a natural partner that will make VarageSale a continued success. In the growth stage, we have funders willing to invest a lot of money to really help a company take-off. digital media company specializing in enthusiast websites and interest-based online communities. Led by CEOAndrew Sider, VarageSale raised nearly $60 million from Canadian and U.S. venture capital firms, according to Crunchbase. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. Given Bannisters stated role on VarageSales board, and her past experience with Kijiji, BetaKit sent the founder and VC questions related to the acquisition. The deal complements VerticalScopes 600-plus online communities that reach over 100-million unique monthly visitors with a significant number of buy and sell transactions each month. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. We are excited that VerticalScope will continue to deliver on our mission to be the #1 choice to help our community members stretch their budgets.. This is an exciting step for the VarageSale community. Bannisters stated role was to help the pre-revenue company with its long-term monetization strategy. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. BetaKit has also been unable to confirm with VarageSale which members of the senior team are transitioning to VerticalScope. Percent change in total visits to site from previous month. VarageSale was co-founded in 2012 by husband-and-wife team Zuckerman and Carl Mercier.

This feature is in beta and may change with future updates. Dont miss the Toronto Pavilion, 8 must-attend sessions at this years Collision conference. From the very early stage we have incubators, accelerators and seed stage investors.

The answer is they are, you just need to know where to look. In May 2017, VarageSale worked to demonstrate its traction, announcing the addition of Kijiji founder Janet Bannister to its board, and announcing that it had grown its monthly active users and GMV 100% year-over-year, while also surpassing Kijiji listings in 10 cities across Canada.




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