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OnBuy
Multi-category online marketplace
- 101-200 employees
- B2C
- B2B
- Marketplace
- Consumer Goods
- eCommerce
- Town Centre, Bournemouth, UK
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Company mission
To change online retail for the better, providing customers with a one-stop shopping destination that doesn’t compromise on value or values.
Few candidates hear
back within 2 weeks
-18% employee growth in 12 months
Our take
OnBuy claims to be the UK’s most trusted online multi-category marketplace, and the country’s most popular Amazon alternative. It’s a big claim, but it isn’t beyond reason. Along with Wish and Not On The High Street, OnBuy is certainly laying down a challenge to the likes of eBay, Etsy, and of course, Amazon.
The company differentiates itself from the competition in a few key ways – most of which are seller-related. Firstly, by not offering its own products, there’s no clash of interests with sellers (a common pain point for Amazon). As well as this, features like immediate payment and robust PayPal Seller Protection have aided its growth in popularity.
OnBuy’s sales skyrocketed during the first year of the pandemic, and the company has sustained its momentum since then; growing internationally, scoring major VC funding and expanding its executive team along the way. Recently, it has made a string of partnerships with companies such as Klarna and BaseLinker, all towards improving its services to ensure it maintains its position in the market.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Equity
- Flexible Working Options
Funding (last 2 of 3 rounds)
Jul 2021
$44.4m
SERIES A
Jul 2020
$6.4m
SERIES A
Total funding: $54.5m
This company has top investors
Leadership
Cas Paton
(CEO)Before founding OnBuy they worked as a Retail and eCommerce Consultant, following a four year spell in the UK military.