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Simbi: Digital Time Trading

Simbi: Digital Time Trading

Written by: Sam Foust on July 4, 2017

Time trading is an exchange of services for services. Simbi — a startup who went through the tech accelerator Y Combinator — raised enough capital to build a digital platform to connect a community to do just this. Simbi’s founded by KJ Erickson and funded by Venture Capitalists who believe in their mission. In traditional tech startup fashion, they currently have no revenue streams, but are likely focusing on user acquisition, engagement, and retention. They seem to be doing well. A Tech Crunch article from a year ago claimed 15,000 services and they now boast 65,000.