About Joyned

Joyned provides a social shopping plug-in for eCommerce websites that enables users to shop collaboratively online, enhancing engagement and decision-making through real-time discussions. This platform increases average order value by over 40% and boosts conversion rates by up to four times, addressing the challenge of low user interaction and group purchasing dynamics in online retail.

```xml <problem> Online shoppers often make purchasing decisions in isolation, missing the benefits of collaborative input and validation from friends or family. This lack of social interaction can lead to uncertainty, abandoned carts, and lower conversion rates, especially for group-oriented purchases like travel and event tickets. </problem> <solution> Joyned provides a social revenue platform that integrates directly into eCommerce websites, enabling users to shop and make purchasing decisions collaboratively in real-time. The platform adds a social layer to the online shopping experience, allowing users to discuss products, validate choices, and finalize purchases together directly on the merchant's site. By facilitating group decision-making and providing social validation, Joyned increases user engagement, boosts conversion rates, and unlocks valuable insights into customer behavior and price perception. The platform's features, such as the "Ask an Agent" tool and AI-powered planning, further enhance the collaborative shopping experience. </solution> <features> - Real-time social shopping plugin for eCommerce websites - Integrated chat functionality for collaborative discussions - "Ask an Agent" tool to connect shoppers with sales support - AI-powered planning tools to streamline group decisions - Data analytics dashboard providing insights into customer sentiment and price perception - Dynamic Trending Tab to showcase popular products and offers - Secure and encrypted data handling to protect user privacy - Customizable integration options to fit various eCommerce platforms </features> <target_audience> The primary target audience includes online travel agencies (OTAs), hotel chains, ski operators, and other eCommerce businesses seeking to enhance user engagement, increase conversion rates, and gain deeper insights into group purchasing dynamics. </target_audience> <revenue_model> The company generates revenue through a SaaS model, offering tiered pricing plans based on usage and features, as well as custom enterprise contracts. </revenue_model> ```

What does Joyned do?

Where is Joyned located?

Joyned is based in Jerusalem, Israel.

When was Joyned founded?

Joyned was founded in 2017.

How much funding has Joyned raised?

Joyned has raised 15000000.

Location

Jerusalem, Israel

Founded

2017

Funding

15000000

Employees

46 employees

Major Investors

Velocity Ventures, Sentor Investments

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Joyned

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Executive Summary

joyned.co 3K+

Crunchbase

Founded 2017 – Jerusalem, Israel

Funding

Estimated Funding

$10M+

Major Investors

Velocity Ventures, Sentor Investments

Team (40+)

No team information available.

Company Description

Problem

Online shoppers often make purchasing decisions in isolation, missing the benefits of collaborative input and validation from friends or family. This lack of social interaction can lead to uncertainty, abandoned carts, and lower conversion rates, especially for group-oriented purchases like travel and event tickets.

Solution

Joyned provides a social revenue platform that integrates directly into eCommerce websites, enabling users to shop and make purchasing decisions collaboratively in real-time. The platform adds a social layer to the online shopping experience, allowing users to discuss products, validate choices, and finalize purchases together directly on the merchant's site. By facilitating group decision-making and providing social validation, Joyned increases user engagement, boosts conversion rates, and unlocks valuable insights into customer behavior and price perception. The platform's features, such as the "Ask an Agent" tool and AI-powered planning, further enhance the collaborative shopping experience.

Features

Real-time social shopping plugin for eCommerce websites

Integrated chat functionality for collaborative discussions

"Ask an Agent" tool to connect shoppers with sales support

AI-powered planning tools to streamline group decisions

Data analytics dashboard providing insights into customer sentiment and price perception

Dynamic Trending Tab to showcase popular products and offers

Secure and encrypted data handling to protect user privacy

Customizable integration options to fit various eCommerce platforms

Target Audience

The primary target audience includes online travel agencies (OTAs), hotel chains, ski operators, and other eCommerce businesses seeking to enhance user engagement, increase conversion rates, and gain deeper insights into group purchasing dynamics.

Revenue Model

The company generates revenue through a SaaS model, offering tiered pricing plans based on usage and features, as well as custom enterprise contracts.