• Bizay has empowered more than 1 Million SMB’s to grow their businesses during the last 5 years.
• Bizay is a tech-based B2B Marketplace for made-to-order products. Running a fabless business model (no capex), it leverages on the idle capacity of production partners to meet the needs of the SMB’s.
• Started on printing, packaging, textile and professional products and now applying the same model in furniture, food and 3D printing (amongst others).
• 360imprimir / 360onlineprint - rebranded to Bizay - Your bussiness your way - to reflect the unlimited product categories.
• Bizay is the customer facing brand (the SMB’s do not meet the production partners) and its tech platform manages the production by:
o Using data and algorithms to aggregate different orders and to decide in which suppliers to produce them, driving huge efficiency and speed gains.
o Enabling full tracking of the orders in the different production partners and automating pre-production processes.
• Bizay differentiates themselves from other players by offering:
o Online configuration of the products (options to customize and personalize).
o Competitive pricing for small and medium orders (similar price per unit as for large orders), 48 hours of delivery time (instead of several weeks) and guaranteed quality (customer-facing brand ensuring high quality levels).
o Integrated value chain in a single offer (on-demand design services provided by external providers).
• Originally selling in Portugal, Spain, Brazil and México, the company raised B round of 18m€ one year ago (communicated in April) in order to launch new countries.
• 17 new countries were launched in 2019 simultaneously (including DE, FR, UK and USA).
• In 2019, 8 months of trading in the new countries confirm:
o Competitiveness pricing of their offer in all the market.
o Market deepness and sound acquisition metrics.