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Purch

purch.com

Founded Year

2003

Stage

Acquired | Acquired

Total Raised

$174M

Valuation

$0000 

About Purch

Purch is a portfolio of digital brands and services that helps make complex buying decisions easy for 100 million consumers monthly. Its respected sites such as Top Ten Reviews, Tom's Guide, Tom's Hardware, and Live Science natively integrate commerce and content in more than 1000 product categories so consumers can make better choices before, during, and after an important purchase.

Headquarters Location

251 20th Street 2nd Floor

Ogden, Utah, 84401,

United States

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Purch Patents

Purch has filed 2 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

5/10/2017

Internet advertising methods, Bridge systems, Online auction websites, Online advertising, Contract bridge bidding

Application

Application Date

5/10/2017

Grant Date

Title

Related Topics

Internet advertising methods, Bridge systems, Online auction websites, Online advertising, Contract bridge bidding

Status

Application

Latest Purch News

08:44 EDT Viielentra Disrupts Life Insurance Industry By Giving Away Free Scholarships Worth Up To $62,720 To All Families Purch...

Jun 23, 2022

News provided by Share this article Limited time promo – ends July 15, 2022 CLIFTON, N.J., June 23, 2022 /PRNewswire/ -- Newly launched digital life insurance company Viielentra recently partnered up with the nation's largest college planning and funding organization SAGE Scholars, Inc. which is allowing the insurance company to gift a free guaranteed scholarships to any family who purchases affordable term life insurance through the online digital platform. The partnership has allowed Viielentra to separate itself from its competitors as it becomes the first life insurance company to assist families with making the cost of higher education more affordable. Families looking for life insurance can now receive more than just a quote as Viielentra is redefining what it means to protect and help families with life insurance. CEO - Prince Singh The no-strings-attached scholarship works as a guaranteed scholarship for all families. The scholarship is like a frequent flyer miles program where families accrue tuition reward points into a rewards account. These points can then be redeemed for a discount on the cost of college tuition where 1 point is equal to that of a $1 tuition discount. "With inflation having no end in sight, the cost of college tuition started to become unaffordable for families. We noticed a problem and saw an opportunity to provide a solution," – said Prince Singh, CEO of Viielentra. "The idea was to give families an opportunity to help themselves financially. As long as they keep their life insurance policy active, they will be earning tuition reward points periodically to redeem for a discount on college tuition." Viielentra: Term Life Insurance and Free Guaranteed Scholarships After purchasing a life insurance policy, families are enrolled into the scholarship program and receive an initial deposit of 500 points. Thereafter, another 4500 points are credited after the second monthly payment. Immediately within the first 40 days families have locked in 5000 points which can be redeemed as a $5,000 discount on college tuition to be used at over 440+ member colleges. Policy holders can then receive an additional 2000 points per year on an annual basis as long as the policy is still active- as a customer loyalty feature. If that wasn't enough, Viielentra also offers other points earning incentives such as the referral bonus. When a policy holder refers a friend or family to purchase a life insurance policy through Viielentra, families can earn an additional 500 points for each referral. Gone are the days where families and students are writing thousands of essays competing with thousands of other students chasing after the same scholarship that only one person can win. The list of member colleges accepting the scholarship is currently at over 440+ private colleges which offer a variety of majors and academic career paths for students to pursue. The list of schools is set to increase over time and Viielentra does plan to roll out additional insurance products in the near future to expand its services to the senior market. But for now, Viielentra's special launch promotion is available to all families to receive until July 15, 2022. About Viielentra Viielentra is a term life insurance company that provides affordable online life insurance coverage with no medical exams, no blood tests, hassle free. Viielentra offers 10-to-30-year term-life policies, up to $1.5 Million dollars of coverage– providing instant coverage on approval. Learn how the guaranteed free scholarship works and get your quote in just seconds when you apply online today. Learn more at: www.Viielentra.com for a thorough in dept training guide on how to get started and what to expect. And follow Viielentra on social media: Facebook , Instagram , YouTube , TikTok , Twitter , LinkedIn . Media Contact:

Purch Frequently Asked Questions (FAQ)

  • When was Purch founded?

    Purch was founded in 2003.

  • Where is Purch's headquarters?

    Purch's headquarters is located at 251 20th Street, Ogden.

  • What is Purch's latest funding round?

    Purch's latest funding round is Acquired.

  • How much did Purch raise?

    Purch raised a total of $174M.

  • Who are the investors of Purch?

    Investors of Purch include Future, Canso Investment Counsel, Highway 12 Ventures, Village Ventures and ABS Capital Partners.

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