Also known as: Mystri, CartCam
Cartcam is an app for opinionated, deal-seeking shoppers. It givesβ¦
Company is closed
Event Year: 2016
Company is closed
Event Year: 2016
Cartcam was envisioned as a shopping platform designed to leverage the power of video reviews. The core concept revolved around offering discounts to users who created short video reviews of products. The company aimed to capitalize on the growing trend of consumers being significantly more likely to make a purchase after viewing a product video. By incentivizing mobile creators with discounts on desired items, Cartcam sought to generate a stream of user-generated content. The platform reported that a notable percentage of users were placing orders directly through the app, simultaneously contributing content for Cartcam. The business model centered on partnerships with brands, where brands would fund the discounts in exchange for the valuable user-generated video content, which would then be used to drive sales of their products. However, the company is now inactive.
Cartcam was envisioned as a shopping platform designed to leverage the power of video reviews. The core concept revolved around offering discounts to users who created short video reviews of products. The company aimed to capitalize on the growing trend of consumers being significantly more likely to make a purchase after viewing a product video. By incentivizing mobile creators with discounts on desired items, Cartcam sought to generate a stream of user-generated content. The platform reported that a notable percentage of users were placing orders directly through the app, simultaneously contributing content for Cartcam. The business model centered on partnerships with brands, where brands would fund the discounts in exchange for the valuable user-generated video content, which would then be used to drive sales of their products. However, the company is now inactive.
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2017
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2017
Consumer
Consumer
Consumer -> Home and Personal
Consumer -> Home and Personal
Team size: 1
Hiring: No
Team size: 1
Hiring: No