Imagine if a certain type of medication you needed wasn’t available in your country and was expensive to ship or acquire. Many people rely on friends or relatives traveling to these countries to bring back items that cannot be purchased in their country, whether it’s jamon or an iPhone. Backpack connects users with travelers who can bring desired products back at discounted prices. Backpack, a Y Combinator-backed startup, is a peer-to-peer marketplace that connects shoppers and travelers to empower consumers to buy overseas products at a discount. Shoppers get access to foreign products by paying travelers coming to their country a fee to purchase and deliver the items. Read the full story on TechCrunch Sign up for weekly updates from Y Combinator.Total Equity Funding$ 1 Round 1 InvestorMost Recent Funding$ Seed July 16, 2014Headquarters:Menlo Park, CaliforniaDescription:Backpack is a website that connects travelers and shoppers globally.Social: Founded:2014Employees:1 - 10 |

2 in CrunchbaseBackpack is a peer-to-peer platform that connects travelers and shoppers to give everyone access to all the products in the world. Within a week of launching the MVP, Backpack has received 66,090 hits from 84 countries around the world and 259 deals were being negotiated among the close to a thousand signed up members through the platform. Backpack will leverage the increasing 1.03 Billion travelers commuting in 195 countries and create an unified market free of distortion and externalities for the 7.15 Billion shoppers around the world. Amount / RoundValuationLead InvestorInvestors$120k / Seed——1DateNews - More stuff, or better stuff? - YC Demo Day Session 1: Gingko Bioworks, Bikanta, Checkr, WalkSource, ClearTax, And More! - Backpack Connects You With Travelers So You Can Purchase Items In Other Countries - 37Signals gives 5 Groundbreaking Tips on Competition for Startups - Jason Fried: Why Work Doesn’t Happen at Work - 10 Fantastic Places for Finding Designers OnlineLoading backpack2014's tweets...

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