Facebook Startup Ondango Receives $500,000 Investment
Social Commerce Solution Platform Turns Likes into Buys
Ondango has received an investment of $500,000 led by VC Connect Ventures in London earlier this month. The Berlin-based startup is currently using the funds to expand to other businesses. Since going live a little under a year ago, Ondango has received investments totaling $700,000.
As Facebook commerce takes off, businesses are looking to offer their fans VIP access and prices to their latest products on Facebook. This is the perfect time for Ondango to expand to other businesses as consumers are constantly following their favorite brands and/or retailers on the social network.
Ondango offers an innovative, user-friendly social commerce solution for Facebook Pages. Ondango's shopping system can be installed in just a few steps and allows fans to purchase their favorite products without ever leaving Facebook – from window-shopping to check-out. The Berlin-based startup was founded by José Matías del Pino, Claudio Bredfeldt and Nicolas Dittberner. The company attracts customers from the music, fashion, merchandising and online commerce industries.
By Lolita A. Alford
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