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Social Commerce as a Service (B2B & B2C)
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In 2024, PowerBuy's revenue reached $21.3M. The company previously reported $2.9M in 2019. Since its launch in 2016, PowerBuy has shown consistent revenue growth.
PowerBuy reached a $50M valuation in 2017, set during its Seed Round round.
PowerBuy has raised $4.7M in total funding across 4 rounds, most recently a $1M Venture Round round in 2019.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2019 | Venture Round | $1M | - | - | |
| 2018 | Angel Round | $1.5M | - | - | |
| 2018 | Angel Round | $1.2M | - | - |
CEO
Bruce Watanabe is a serial entrepreneur whom has co-founded a number of technology and Internet ventures including, PowerBuy, MassGenie, SIRE Mobile (SMS Solutions), and SETA International (Global Systems Integrator & Solution Provider).
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
We do not have customer count information for PowerBuy yet.
PowerBuy employs approximately 30 people as of 2026, including 1 sales reps that carry a quota.
PowerBuy generates an estimated $21.3M in annual revenue.
PowerBuy was founded by Bruce Watanabe.
The CEO of PowerBuy is Bruce Watanabe.
PowerBuy raised $4.7M across 4 rounds.
PowerBuy has 30 employees.
PowerBuy is headquartered in Irvine, California, United States.
PowerBuy operates across multiple industries. Browse revenue, funding, and growth data for PowerBuy in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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Valuation
$50M
2024 Revenue
$21.3M(Est.)
Funding
$4.7M
Team
30
Founded
2016
| Year | Milestone | Source |
|---|---|---|
| 2024 | PowerBuy Hit $21.3m revenue in June 2024 | Estimated |
| 2019 | PowerBuy Hit $2.9m revenue in January 2019 | |
| 2016 | Launched with $0 revenue |
| 2017 | Seed Round | $1M | $50M | 2% |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 30 employees (October 2024) | |
| 2019 | Reached 30 employees (January 2019) |
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