In less than a month after its nationwide launch on May 14th, peer to peer marketplace Zaarly has crossed $1 million in posted transactions, and commemorated them with a colorful infographic depicting the break down of the early days of Zaarly.
Zaarly, which has raised more than $1 million in seed funding, boasts an impressive list of investors including Aydin Senkut’s Felicis Ventures, SV Angel, Lightbank, Gmail creator Paul Bucheit, movie star Ashton Kutcher and Angelist founder Naval Rivikant. TechCrunch founder Michael Arrington also invested in the company recently.
In same collaborative consumption space as startups like Taskrabbit and Gigwalk, Zaarly is a peer to peer marketplace where people who need to get a task done in a given locale to post it via iPhone to Zaarly. People who are interested in completing a task can also browse for available tasks on Zaarly via mobile.
Zaarly is available across the US, with active communities in eight cities. According to the above infographic, which breaks down the first $500K of Zaarly postings, Seattle has the most active buyers whereas Chicago has the most active sellers and the most completed transactions of all the top ten locations on the service.
The variety of Zaarly transactions ranges from someone in Lancaster wanting a delivery of fertile goose eggs ($8) to a request in San Francisco for “Find a 100 [business] loyalty cards” ($160). Founder Bo Fishback assures me that none of the listings are scraped, “All 100% legit”
So far the most offers on a single Zaarly post have been 16 and the most Zaarly-ied product has been the iPad. It’s also pretty shocking that nearly 7% of all tasks on Zaarly involve an Apple product, like ”I’ll pay $350 for a first gen iPad in the next day” or ”I’ll pay $1000 for an iPad 2 in the next ____.”
Moral of the story: Never underestimate the power of Apple fanboys.
Disclosure: TechCrunch founder Michael Arrington invested in Zaarly. See paragraph two above.
Zaarly is a proximity based, real-time buyer powered market. Buyers make an offer for an immediate need and sellers cash in on an infinite marketplace for items and services they never knew were for sale.
J. Michael Arrington (born March 13, 1970 in Huntington Beach, California) is a serial entrepreneur and the founder of TechCrunch, a blog covering startups and technology news. Arrington attended Claremont McKenna College (BA Economics, 1992) and Stanford Law School (JD, 1995) and practiced as a corporate and securities lawyer at two law firms: O’Melveny & Myers and Wilson Sonsini Goodrich & Rosati. His clients included idealab, Netscape, Pixar, Apple and a number of startups, venture funds and investment banks. He...
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