Netsave

RIP Facebook Marketplace?

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Company Information

Website:

https://about.netsave.com/

Sector:

Home Furnishings & Improvement

Location:

Miami, FL

Do you have old junk lying around? You could resell it, and join a market valued at more than fifty billion dollars.

The problem is resale platforms like Craigslist and Facebook Marketplace are broken. There’s not enough security or reliability. And scams, fraud, and unsafe meetups are too commonplace.

That’s why Netsave created something better. It’s a resale marketplace designed with safety, speed, and human connection in mind.

Unlike the competition, Netsave screens every user with Artificial Intelligence and verifies each seller to eliminate fraud and fake listings. Its platform features same-day local delivery completed by vetted drivers, putting an end to risky meetups.

To protect buyers and sellers, Netsave offers escrow-backed transactions, purchase protection, and a seller guarantee. There’s even 24/7 customer support.

Netsave is a resale platform for used goods. But it also features services for sale. Home services like repairs, handiwork, and renovations represent another $210 billion market in the U.S. alone.

Netsave makes money from sales transaction fees, local delivery service fees, product listing ads, partner sponsored ads, and local-services subscriptions.

The company has released a minimum viable product (MVP) version of its platform and is achieving twenty-two percent month-over-month user growth. Netsave is active in California and plans to expand to Florida and New York later this year. In 2026, it’ll expand to Texas, Illinois, Pennsylvania, and Arizona.

The company aims to reach 100,000 users by the end of 2025.

Team Background

Justin Georges - Founder & CEO

Justin has twelve years of entrepreneurial experience and has achieved a successful exit.

Prior to starting Netsave, he founded American Accord Insurance, a Florida-based insurance company.

He earned an Associate’s degree in Business Administration from Florida SouthWestern State College.

Grace Ge - UX Designer

Grace has five years of experience delivering customer-centric digital experiences. She has worked in the e-commerce and fintech sectors and her designs have driven more than a million dollars in sales and twenty-five percent user-retention growth.

Chris Lou - Software Engineer

Chris has seven years of experience leading startup product development. He is an expert in scalable, user-focused technology.

He holds a college degree in Computer Science.

Co-Investors

Raising
$600K
Committed
$261.7K (44%)
Current Valuation
$31.25 million Cap / 0% Discount
Min. Investment
$100
Deal Type
Title III
(For all investors)
Offering Type
SAFE
Finance History
  • $204.253K
    2022-12-01
    Unknown
  • $435.349K
    2021-12-01
    Unknown
Notable Investors
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