Image Credit: Yotpo Studio
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Talia Shani
Head of UK Marketing @ Yotpo
January 8th, 2014

Yotpo Raised $10.7 Million in Funding. So, What’s Next?

Table Of Contents

2014 has started off great.

We’re currently serving over 30,000 businesses.
We’ve helped generate more than 500,000 reviews.
These reviews have led to $12,000,000 in sales for our Yotpo users.

And today we’re announcing that Yotpo closed a $10.7 million round of funding. We figured you might have a few questions.

What is Yotpo going to do with the money?

  • We’re going to spend time testing and perfecting Yotpo for you.
  • We’re going to develop new features for our Yotpo Premium plans.
  • We’re going to hire more people to ensure you have the best experience with us.
  • We’re going to grow! We want to change the world of user-generated content and the more businesses and reviews we have, the closer we get to this goal. The bigger this gets, the better it is for you guys. By the end of 2014, we want to have more reviews than Yelp, Amazon and eBay combined.

What does this change for me?

You can expect the Yotpo you love to get even better. Soon, we’ll officially announce our Yotpo Premium plans which will have even more great features and tools for Yotpo users.

What does this change for Yotpo?

Nothing really. Last night we celebrated with a little party–beers and pizzas in the office. And today we’re going right back to business as usual.

How did Yotpo do it?

The truth is, we would have never made it here without you. Your love, support and feedback helped turn Yotpo into the company it is today.

We’ve also been lucky enough to find great investors like Blumberg Capital, who share our belief that user-generated content is going to revolutionize the way that every business works.

Anything else?

We want to thank you. You guys have been with us since the beginning, and we couldn’t be more grateful. We’re really excited about this next phase of Yotpo, and we hope you are too.

By the way, Yotpo is hiring!

See here for the 2016 Yotpo Funding Round.

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