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Kaboodle, Inc.

Product Name

kaboodle.com

Market Segment

Consumer service

Funding

Kaboodle has raised $1.5 million in early stage, private funding from Kanwal Rekhi, Rajeev Motwani, Garage Technology Ventures, Ashish Gupta and other private investors.

Competitors

Yahoo, Shoposphere & Wists.com

Product Description

kaboodle.com is the easiest way for users to make every day decisions about gifts, shopping, trips, entertainment, parenting or any other topic. kaboodle.com users form a powerful community where they help each other with every day decisions. kaboodle.com gives users a simple way to save their choices on one page, share the page, get input and publish their recommendations. kaboodle.com automatically summarizes web pages by extracting image, title, price and other key information and compiles the choices on a new customizable page.

Market Opportunity

Online retail spending surpassed $65 billion in 2004 and is expected to grow more than 20% in 2005 and beyond, according to comScore networks. Additionally, more than 93% of users shop at multiple sites before making decisions about what and where they want to buy according to comScore networks.

Demo Says

You’ve spent hours becoming the expert in kitchen remodels, your Hawaii vacation, baby car seats or whatever that one-time need may be. Why let that knowledge lay fallow? kaboodle.com lets you organize your research for your needs, and share it to help others as their needs arise. Shared search techniques may well be the only way people can stay on top of the great mass of information available on the Internet. kaboodle.com is a great example of people powered search, allowing the work of one to be leveraged for the benefit of others.