Sold, The App That Sells Your Stuff For You, Arrives On Android

Sell your Staff OnlineToday, Sold is launching on Android, following its iOS debut back in April.

The company was founded by Matthew Blackshaw, Tony DeVincenzi and Dávid Lakatos, who believed that a better way to add value in e-commerce marketplaces is not to try to reinvent or topple Craigslist or other established sites – something many startups, including Zaarly, YardSellr, and EggDrop, have tried and failed to do. Instead, they realized that a new approach focused on simplifying the way we sell online could be an unexplored niche still ripe for change.

The company already has seed funding from investors, including Google Ventures (Rich Miner), Greylock Partners (Reid Hoffman), Matrix Partners (Antonio Rodriguez) and the team at Boston Seed.

Today, Sold says it has more than 2,000 unique products in its marketplace, and saw 50 percent growth in items posted last month. Its prices are on average 43 percent higher than Gazelle’s, which it attributes to its pricing engine technology. The company uses algorithms and scrapers to crawl top e-commerce marketplaces, like Craigslist, eBay, and Amazon product search to build its pricing database, allowing it to know the “going rates” for your items, and where those items are selling for more.

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