Total raised
$50K
Stage
Seed
Founded
2016
Headcount
1-10
HQ
Ashdod
Sector
Business Software
About
Glowlit is a platform that gives users free regionally based price reports on a range of animal feed additives. The platform crowdsources the price data directly from purchasing managers and then verifies each data point using a specialized algorithm. Entries are anonymous and shared only as part of an aggregate report. The Glowlit platform aims to create value for industry players by serving as a real-time benchmarking tool for material price quotes and ultimately sells this crowdsourced alternative data as an aggregate to large buyers of such reports. Glowlit was developed by Sorpol Polymers.
Company Intelligence Q&A
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- What is Glowlit's primary business activity?
- Glowlit operates a platform that provides free regionally based price reports on animal feed additives, crowdsourcing data from purchasing managers and verifying it with a specialized algorithm. The company aims to sell aggregated alternative data to large buyers.
- When was Glowlit founded?
- Glowlit was founded in June 2016.
- What is the current operational status of Glowlit?
- Glowlit is currently inactive, having ceased operations in March 2023.
- Where is Glowlit's headquarters located?
- Glowlit's headquarters is located in Ashdod, South District, Israel, at HaGefen Street 2.
- What was Glowlit's total funding raised in USD?
- Glowlit raised a total of $50,000 USD.
- How many employees did Glowlit have?
- Glowlit had an estimated employee count of 1-10 people.
- Which company developed Glowlit?
- Glowlit was developed by Sorpol Polymers.
- What is Glowlit's primary target market geographically?
- Glowlit's primary geographic market was Europe.
Sectors & technology
Primary sector
Business Software
Sub-sectors
Business SoftwareSales & Marketing Solutionse-Commerce Tools
Technologies
Platforms & InterfacesWeb
Target customers
Agriculture & FoodProcessed FoodsIngredientsIndustrial ManufacturingHybrid IndustriesConsumersRecreational & LifestylePet Owners
Business model
B2B2CB2B
Highlights
Verified
Tags
agriculturecrowdsourcingprice-comparisonanimal-feedingmaterialsalgorithms