Crowdsourcing Startup, WeGoLook Raises $1.75 Million in Series A Equity Investment
Oklahoma City, OK (PRWEB) October 28, 2014 -- WeGoLook, LLC recently closed $1.75 million in Series A equity investment. The startup uses a web-based crowdsourcing model similar to Uber, Airbnb, TaskRabbit, and Lyft to offer consumers inspection services and customized tasking for properties, autos, heavy equipment, eBay items, and more.
WeGoLook is a third party inspection and custom tasking platform. The company offers dynamic data collection and field services for individuals and enterprise customers alike. The business was developed for eBay consumers and online shoppers to verify the authenticity of seller’s claims when looking to bid or purchase through photo, video plus visual verification for autos, property, heavy equipment, eBay items, and more. Since WeGoLook’s launch, they have expanded to offer customized enterprise solutions for field services, courier services, notary services, and customized inspection templates. WeGoLook is currently servicing insurance companies, financial institutions, healthcare and transportation management companies along with fleet management companies.
How it works: A consumer initiates a WeGoLook inspection via the website for the asset they are looking to purchase. The asset location, details and inspection requirements automate an email that is sent to the Agents (Lookers) in travel range of the item. The platform works on a first come, first serve basis and the first Looker to accept the Order is dispatched to its location. When on-site, the Looker meets with the seller to take photos, video of a working demonstration, verify the VIN or serial number, and collect all requested data onsite. The data is uploaded via mobile app to WeGoLook to be reviewed for quality purposes. Once completed, the consumer receives the WeGoLook Report online and is able to verify information and/or make a more informed decision. Individual customers are able to purchase with confidence while corporate clients save expenses and overhead.
Founded in 2010, the company has primarily been built as a web-based platform. Known as the “Uber of Inspections”, WeGoLook plans to utilize the majority of the Series A investment for additional technology development that includes advancements within the WGL Mobile Application.
As a part of the round, $325,000 is being invested from the Oklahoma Seed Capital Fund and the OKAngel Sidecar Fund (both investment funds are managed by i2E). The company’s founders invested $600,000; while The Seedstep Angels, a group of individual angel investors also managed by i2E invested $400,000. Another $100,000 is being invested by other Oklahoma investors.
About WeGoLook, LLC
Founders: Mat and Robin Smith, Mark Caywood and Karl Baldischwiler
Year Founded: 2010
Headquarters Location: Oklahoma City, OK
WeGoLook is a third party inspection company offering dynamic data collection and field services for individuals and enterprise customers alike. Through a crowdsourced database of 15,000+ Agents (Lookers) in the US, UK, AU, and CA, the company takes photos, videos, and completes custom tasking for properties, autos, heavy equipment, eBay items, and more. WeGoLook’s mission is to provide consumer confidence and mitigate risk in dealing with online purchases while using a nationwide labor force to complete any low complex task nationwide. For additional information, visit http://www.wegolook.com.
About i2E, Inc.: With offices in Oklahoma City and Tulsa, OK, i2E’s nationally recognized services include business expertise and funding for Oklahoma’s emerging small businesses. i2E has more than $40 million of investment capital under management.
Robin Smith, COO, WeGoLook, LLC, http://www.wegolook.com, +1 (855) 265-5665, [email protected]
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