Thinkvirtual LLC Raises $225,000 in Series A Equity
Develops Virtual Expo Events Targeting Consumer Product Companies, Retailers and Consumers
September 17, 2013 - Austin, Texas
Thinkvirtual LLC has raised $225,000 of a planned $500,000 in series A capital with participation from a prominent early-stage angel investor. Thinkvirtual, founded in 2010, develops virtual expos creating a marketplace and community for consumer product companies, retailers and consumers to interact globally. In stark contrast to traditional trade shows, thinkvirtual’
Thinkvirtual is the first spinoff from thinkoperations LLC. After launching its safe product consumer brands - thinkbaby and thinksport in 2006, think operations found itself participating regularly in trade shows and events across the United States. As the company expanded its footprint to over 4,000 retail locations, the real costs of traditional trade show attendance were rapidly becoming apparent. Not only were the shows expensive to attend, but attendance was falling off across almost all industries, calling the investment into question without providing a reasonable alternative.
Founder & CEO, Kevin Brodwick and his partners at thinkbaby and thinksport noticed that they weren’t alone. After participating in tons of traditional trade shows across the US, the one thing that was consistent we experienced firsthand the frustration building with exhibitors and attendees in relation to the time commitment, costs and resources of traditional trade shows versus the benefits derived.
So thinkoperations began to examine the benefits and functions of the industry and consumer trade show with a simple question: “Is there a better way?” They were seeking a means for vendors, retailers, and consumers to come together to explore new product information and engage with each other.
Thinkvirtual has tapped Jared Benson, former Vice President at Grande Communications, to assemble a sales and support team over the next two months.
Thinkvirtual LLC, a spinoff of thinkoperations, LLC - owner of the consumer product brands thinkbaby and thinksport, develops virtual expo events for targeted consumer product segments with a zero carbon footprint.
Address: 3112 Windsor Rd A342, Austin, Texas 78703
For more information please visit our website: www.thinkvirtualexpo.com