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WePay started with a simple idea: an app that made it easy for friends to pool money for shared expenses like ski trips and club activities. Yet that simple idea wasn`t so simple to execute. It was 2008, and no payments system could easily and safely pool money from groups of people to pay out to others. So we built one. The team spent nearly two years negotiating contracts, dealing with regulators, and wrestling with bank integrations. We developed easy sign-up and frictionless checkout experiences. We also built one of the most advanced fraud detections systems around so we wouldn`t lose our shirts. And it worked. WePay started to get traction. There was just one problem.
Raise is a C2C marketplace for buying and selling gift cards online. Launched in February of 2013, the platform allows sellers to earn cash for their unwanted gift cards and gives buyers the opportunity to save at thousands of their favorite brands. The Raise app for iOS and Android is an extension of our real-time marketplace that enables you to make your money worth more, on the go. In the $400 billion prepaid retail market, more than 20% of gift cards and store credit go unused each year. Raise offers a way to reclaim this value and puts purchase power back into the hands of consumers. Raise gives consumers freedom and control over how they spend and save their money. While saving money is often associated with discounts, we are setting out to redefine the conversation. Every time a member interacts with our marketplace, we want them to feel as though they just gave themselves a raise.
Roadster enables transparent car buying 100% online through dealership websites, in-store applications and at roadster.com. Roadster dramatically improves the car-buying process, significantly increasing dealership sales efficiency while ensuring buyers save time and get a fair and transparent deal. With unmatched industry expertise and complete knowledge of market pricing, lease and finance rates, and incentives and rebates, Roadster finally makes online car buying a reality.
IAC builds companies. We are guided by curiosity, a questioning of the status quo, and a desire to invent or acquire new products and brands. From the single seed that started as IAC over two decades ago have emerged 10 public companies and generations of exceptional leaders. We will always evolve, but our basic principle of financially-disciplined opportunism will never change. IAC today operates Vimeo, Dotdash and Care.com, among many others, and also has majority ownership of ANGI Homeservices, which includes HomeAdvisor, Angie`s List and Handy. The company is headquartered in New York City and has business operations and satellite offices worldwide.
We provide millions of IT pros with the tools, content, and community they need to get their jobs done. Those users have attracted the attention of thousands of tech brands that use Spiceworks to reach IT pros during their workday. Together, we`ve created the world`s most trusted and vibrant IT marketplace!