Startups

1 of every 4 U.S. dollars spent online goes across Monetate’s platform

David Brussin is the CEO of Monetate. Photo by Michael Hinkelman for the Daily News.

How big has Monetate, the Conshohocken ecommerce optimization startup, grown since its founding in 2008?

One of every four U.S. dollars  spent online goes across its platform, CEO David Brussin told the Daily News. That means Monetate customers manage a quarter of all domestic internet sales.

This might explain Brussin’s need to hire more talent in order to keep scaling: the company offered a $5,000 referral bonus last month.

Brussin also foresees going public in the next few years but said he’s not leaving the region.

“I can’t even imagine this company not being in Philadelphia,” he said.

Read the whole Daily News Q&A with Brussin here.

Companies: Monetate
People: David Brussin
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