Applecart deploys proprietary technology to run marketing campaigns that leverage positive customer word-of-mouth on behalf of brands. Last year we closed a $6 million funding round, led by global sports and entertainment leader Endeavor (with Endeavor CEO Ari Emanuel joining Applecart’s board) and other prominent tech investors including Aspect Ventures, former Yelp SVP of Engineering Michael Stoppelman, and Infinite Computer Solutions founder Sanjay Govil.
Applecart is building a game-changing, direct-to-consumer, two-sided marketplace that will empower and compensate customers who refer their personal networks to brands and products that they genuinely love. We give brands the ability to tap into a new scalable and cost-effective customer acquisition channel: peer-to-peer referrals via the networks of their current, satisfied customers. Our marketplace helps great brands efficiently grow beyond traditional marketing channels to generate a high volume of sales via genuine and positive word-of-mouth from existing customers.