WebThriftStore

Like eBay for charity: we turn in-kind gifts into cash for charities, bargains for shoppers, and tax deductions for donors.

  • Stage Full Product Ready
  • Industry Internet / Web Services
  • Location New York City, NY, USA
  • Currency USD
  • Founded March 2011
  • Employees 10
  • Website webthriftstore.com

Company Summary

We enable non-profits to run online thrift stores without inventory or risk. Everybody has too much stuff. Charities do not want stuff, but they do want cash. On WebThriftStore, anyone can donate excess stuff to charity from the comfort of home. Then buyers find bargains, charities get cash, and donors receive tax deductions. Plus, redistributing goods is good for the environment! Our customers are US 501(C)3s and online shoppers.

Team

  • Douglas Krugman
    CEO & Founder

    Doug founded Tripology, Momentum Electronic Publishing, & Protocol Partners & was an early team member & Senior Vice President of Send Word Now. He has also advised some of the world's largest companies as a consultant in the Communications, Media & Telecom practice at Booz Allen Hamilton (Booz & Co.). Doug has an MBA, beta gamma sigma, from Columbia Business School & a BA in Philosophy, cum laude, from Wesleyan University

  • Lynn Zises
    Co-Founder

    Lynn has worked as a consultant to LawCash; oversaw the leasing of retail & office space as VP of Enterprise Asset Management; was a Senior Associate at CIBC Oppenheimer; & worked as a Legislative Assistant to Congressman Gary Ackerman, & on the House Committee on Foreign Relations. Lynn has an MBA from Columbia Business School, an MIA from Columbia's School of International and Public Affairs (SIPA), and a BA, cum laude, from Barnard College.

  • Dan Napolitano
    SVP

    Dan was VP of Product for LiveProcess; SVP of Client Services & Product Management for Send Word Now where he earned the company a reputation for superior customer service, & achieved a 97% loyalty rate as it grew from zero to over 500 top brands during his tenure. Earlier in his career, he was National Manager for Digital Publishing at PSI, where his division tripled revenues in less than two years. Dan has a BA & MA from Colgate University

  • Board Member & COO

    Michael Sher brings a wide breadth of know-how to WebThriftStore, having founded, or been a major contributor to, multiple startups that have gone on to great success. Michael focuses on building relationships with new charity partners and providing value to them.

    Michael was a co-founder and Chief Strategic Officer at Send Word Now, a SaaS voice and text global alerting platform that counts 7 of the 10 largest U.S. companies as customers.

Advisors

  • Daniel DeWolf, Mintz Levin
    Lawyer
    Unconfirmed
    Rosen Kuslansky
    Accountant
    Unconfirmed

Previous Investors

  • Esther Dyson
    Unconfirmed
    Louis Marx
    Unconfirmed
    Entrepreneurs Roundtable Accelerator
    Unconfirmed

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