


FavorUp
Technology, Information and Internet • 327 E Ridgeville Blvd, #323, United States • 1-10 Employees
Company overview
| Headquarters | 327 E Ridgeville Blvd, #323, Mount Airy, MD 21771, US |
| Website | |
| Keywords | Community, Benefit Corporation, Connecting Strangers As Friends, Good Neighbors, Real Sharing Economy |
| Founded | 2018 |
| Employees | 1-10 |
Key Contact at FavorUp
Esteban Escobar
Founder & CEO
About FavorUp
FavorUp is a community of people that help each other out. Money is never exchanged, there is no bartering, and no one will ever expect you to pay them back. You simply get help when, where and how you need it. In 2018, when the so-called “sharing economy” is all the rage, we should be able to use technology to get and give favors from people beyond our personal network of friends. Creating an environment where this can happen safely and efficiently will open up far-reaching possibilities that could significantly improve the tools we have as a society to address some of our biggest challenges. We’ve spent years working on this problem and now we think we’ve figured out how to make the idea a reality. As a registered Public Benefit Corporation, FavorUp is working with leading researchers and experts in neuroscience, psychology and human behavior to create an environment where people want to help strangers, for the same motivations that people want to be helpful to friends. At a time when technology is too often designed as a distraction and diversion from the real world, FavorUp will turn our attention outward, to in-person connections that benefit individuals and the community at-large. FavorUp will build a sustainable business around helping people, organizations and communities be better neighbors. This is more than a business idea or a social experiment. This is an attempt to mold the world toward what we all wish it would be. Those of us launching FavorUp believe it can be done, at the intersection of science, technology and humanity.
FavorUp revenue & valuation
| Annual revenue | $85,555 |
| Revenue per employee | $86,000 |
| Estimated valuation?This valuation is estimated based on industry average for the Technology, Information and Internet industry and current estimated revenues | $273,776 |
| Total funding | No funding |
Employees by Management Level
Total employees: 1-10
Seniority
Employees
Employees by Department
FavorUp has 1 employees across 1 departments.
Departments
Number of employees
Funding Data
FavorUp has never raised funding before.
Frequently asked questions
4.8
40,000 users



