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Wyngle

THIS TECHNOLOGY IS NOW BEING LICENSED TO RETAILERS UNDER THE BRAND NAME WYNBOX - wynbox.com

  • Stage Full Product Ready
  • Industry Internet / Web Services
  • Location North Sydney, NSW, Australia
  • Currency AUD
  • Founded April 2011
  • Employees 2
  • Website wyngle.com.au

Company Summary

Continued discounting on auction sites, price comparison sites and group buying sites has lead to customers always expecting discounts. This is unsustainable for retailers as prices continue to drop.
Wyngle allows suppliers to create a strong buying incentive without the need to discount. Margins are instead used to offer selected items for $1. This creates a more balanced commercial arrangement and a more sustainable retail environment.

Team

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    Sebastian Langton
    Co-Founder
    Unconfirmed

    Sebastian studied Geology at the University of Southampton, and has enjoyed successful careers in property development, professional sailing and more recently online sales. An accomplished creative problem solver, Sebastian has designed and developed a number of innovations across various industries, the most recent of which is Ratio Shopping.

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    Damien Cantelo
    Co-Founder
    Unconfirmed

    Damien has been involved in a number of tech start-ups, specialising in the technical and operational areas as well as strategic direction. He has a depth of knowledge across wide variety of areas which are critical to the success of a start-up venture. He has a Bachelor of Science in Information Systems along with a number of software development certifications from his time as a programmer.

Advisors

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    Griffith Hack
    Lawyer
    Unconfirmed
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    Deloitte
    Accountant
    Unconfirmed

Previous Investors

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    David Kowalski
    Unconfirmed
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    Alex Sparkes
    Unconfirmed
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    Richard Ambrose
    Unconfirmed