NEW YORK: KAYWEB Angels, the investment arm of KAYWEB, has added New York startup Zazzoo to its portfolio of investments.
Zazzoo, a centralized shipping solution for ecommerce stores, was pitched to KAYWEB Angels by brothers Jon and Daniel Kaweblum last year, and has been chosen from nearly 200 applicants.
The investment will see KAYWEB Angels design and develop the Zazzoo solution in exchange for equity.
KAYWEB Angels CEO Haig Kayserian said: "Jon and Daniel are New York-based with a successful entrepreneurial past and they blew us away with Zazzoo. Their idea, approach and personalities convinced our Board to do the deal."
Daniel Kaweblum added: "We are ecstatic and honored to have the opportunity to team up with the KAYWEB Angels family. Their expertise struck us right away and after meeting Haig and [General Manager] John [Buckman], it quickly became evident that KAYWEB Angels was the perfect partner for us to continue on our journey.”
Jon Kaweblum is Founder and President of Klipped, which is a Kippah with a patented built-in clip, licensed by and manufactured for major organizations including the NBA.
KAYWEB Angels General Manager John Buckman said: "These guys have a proven track record, and we are very excited to be working with them on their biggest and greatest idea so far."
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