Oneflare, a startup that connects consumers to local businesses, has raised $500,000 in investment from a group of investors who have also invested in DesignCrowd: Les Szekely from Grand Prix Capital, Garry Visontay of Principal Sydney Seed Fund, and Dr. Jeffrey Tobias of the Strategy Group.
Australian services listings Oneflare has seen significant growth in the numbers of businesses and users listed.
Singapore-born Marcus Lim, CEO of Oneflare, said of the investment: “We’re now cash-flow positive so this funding is really about scaling and becoming the number one marketplace for consumers and service businesses to find each other. The experience that our investors bring to Oneflare is equally as important as their funding. We look forward to tapping into their experience, and capital, to fire a rocket under our already rapid growth.”
The startup was first created in January 2011, named “Pick a Quote.” The site now sees 130,000 unique visitors monthly. This is an impressive 1,300% increase in traffic in the last year. There are more than 250 service categories, and a total of over 30,000 businesses registered.
Oneflare has now processed $16 million in jobs requested. There currently are plans to tap the Singapore market in 2014 under oneflare.com.sg. The Yellow-Pages style online listings is also eyeing expansion into Belgium in the future because of its great market potential. There are some great reviews of Oneflare on Product Review that you can check out.