Public Market

📍 San Francisco, United States🗓 Founded 2017👥 29 employees
Public Market is a decentralized eCommerce platform that eliminates the exorbitant transaction fees imposed by today’s eCommerce marketplaces and replaces them with a blockchain-based token that rewards buyers for purchasing from the network. Our eCommerce website, database, universal catalog, and trust protocol replace all essential functions of monopoly marketplaces (Amazon, eBay, Walmart) with a decentralized alternative that is a demonstrably lower cost for all parties and requires no tradeoffs with regard to convenience or risk. Public Market's founders are all successful marketplace and eCommerce entrepreneurs, having founded Y Combinator-backed Simbi (world's largest alternative currency marketplace), Monsoon Commerce (multi-channel eCommerce sales management platform that's facilitated $4 billion in sales), and Better World Books (Amazon's largest bookseller, over $500m in sales). Combined, the founders have raised over $170m in capital from investors including Greylock, Foundation, Maveron, Vulcan, Tesla, and DBL.
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2017
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Frequently asked questions
When was Public Market founded?
Public Market was founded in 2017.
What industry is Public Market in?
Public Market operates in Consumer Services. Find similar Consumer Services investors on gritt.io.
Where is Public Market based?
Public Market is headquartered in San Francisco, United States.