Paribus
Founded Year
2014Stage
Acquired | AcquiredTotal Raised
$2.22MAbout Paribus
Paribus is an online price tracker that allows users to make online purchases without worrying about comparison shopping or price drops. Paribus automates the process of following up on past purchases to see if shoppers can request a refund from the online retailer, helping online shoppers get automatic refunds when prices drop on items they purchased. Paribus integrates with the user's email provider and scans their inbox for receipts of online purchases, and then watches the item for a price drop within the store's price match claim window. The service works with a number of online retailers.
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Research containing Paribus
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CB Insights Intelligence Analysts have mentioned Paribus in 1 CB Insights research brief, most recently on Jun 25, 2020.
Expert Collections containing Paribus
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Paribus is included in 2 Expert Collections, including E-Commerce.
E-Commerce
10,062 items
Fintech
7,756 items
US-based companies
Paribus Patents
Paribus has filed 1 patent.
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
10/8/2015 | Bonds (finance), Fixed income analysis, General equilibrium theorists, Pricing, Financial markets | Application |
Application Date | 10/8/2015 |
|---|---|
Grant Date | |
Title | |
Related Topics | Bonds (finance), Fixed income analysis, General equilibrium theorists, Pricing, Financial markets |
Status | Application |
Latest Paribus News
Mar 3, 2023
Plato Data Intelligence. Ignition for Mainnet Despite the setbacks, we are nearing the launch of the Paribus MVP mainnet. As we deliver on our promises to provide a secure and quality platform, we are also keeping with our plans to ensure PBX is a deflationary token. Just as before, we calculate the number of tokens to burn based on our algorithmically defined Deflationary Volume Incentive. This process takes into account how much PBX has been traded across all markets, then our algorithm allocates the appropriate quantity of PBX to be removed from the ecosystem. Once the tokens have been burned they’re permanently removed from circulation, ensuring the total amount of PBX reduces over time. When the Paribus MVP is launched on the mainnet we’ll start to generate PBX for the burns from transaction fees rather than the initial ecosystem. Each month the quantity of PBX will fluctuate as trading volumes and the algorithm adapts to protect our ecosystem’s value. The amount that has been calculated for this cycle is 48,752,732.22 PBX! This amount at current prices equates to $89,504.65! The link below reflects the transaction:
Paribus Frequently Asked Questions (FAQ)
When was Paribus founded?
Paribus was founded in 2014.
Where is Paribus's headquarters?
Paribus's headquarters is located at Brooklyn.
What is Paribus's latest funding round?
Paribus's latest funding round is Acquired.
How much did Paribus raise?
Paribus raised a total of $2.22M.
Who are the investors of Paribus?
Investors of Paribus include Capital One, Y Combinator, General Catalyst, Conversion Capital, Foundation Capital and 7 more.
Who are Paribus's competitors?
Competitors of Paribus include PriceRazzi.
Compare Paribus to Competitors
PriceRazzi is an app that tracks users' receipts for price matches, allowing them to claim money back on everyday purchases.
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