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Quirky

Tuesday, 14 May 2013 | 8:42 AM ET

What
A collaborative platform for every aspect of product development--from original idea to manufacturing and marketing.

Disrupting
The traditional product development and manufacturing process.

Source: Quirky

Headquarters: New York, NY
CEO: Ben Kaufman
Year Founded: 2009
Number of Employees: 140
Funding: $91.3 million
Key Investors: Andreessen Horowitz, Kleiner Perkins Caufield & Byers, Norwest Venture Partners and RRE Ventures

Vital Stats

  • Revenue has increased 50 times since founding
  • 2013 revenue: $50 million
  • Target, Bed Bath & Beyond and Verizon are clients
  • Has corporate partnership with GE for patent collaboration
  • 335 products developed
  • 188 retail partners
  • 409,000 inventors in community
  • Quirky files the patent, inventors and project "influencers" receive cash royalties from sales

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