SavingStar

big dataanalytics and machine learning

FOUNDING YEAR: 2010
LOCATION: United States
Last Update: 19/01/2021

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive WhatsApp community where you can engage in discussions with global industry experts!

About

SavingStar is the leading provider of personalized, digital grocery rewards programs for CPGs, enabling shoppers to earn cash back or other rewards on item-level grocery purchases when they use their store loyalty card or submit a picture of their receipt. Over 7 million members are enrolled in SavingStars own mobile app and website while SavingStars technology powers white-labeled programs including Kellogg's Family Rewards, Huggies Rewards, LOral Paris Worth It Rewards, and more. The company uniquely features grocery promotions redeemable over one or many shopping trips and proven effective in driving measurable, sustainable changes in consumer purchase behavior. SavingStar also now features Always On, a SavingStar-hosted loyalty & insights program enabling CPGs to create a turnkey loyalty program in weeks, without the cost, administration, and time commitments of building an in-house loyalty program.

MEDICI Analysis

SavingStar is digital grocery coupon company that brings paperless eCoupons on the web and smartphones to the consumers.

Focus

PRODUCTS & SERVICES

Ecoupons & Customer loyalty cards for groceries, stores, retailers

REVENUE MODEL

Commission based revenue model

MAIN CLIENTS

Stores & Groceries

EXISTING PARTNERSHIPS

Genius Central

mobeam

Cartera Commerce

Edenred

Hy-Vee

Rakuten

American Express

Traction

VALUATION / MARKET CAP:

$113.75 M in 2015

COMPANY TYPE:

For Profit

ACTIVE USERS:

6.0000

People

BOARD MEMBERS AND ADVISORS

Roger Ehrenberg

Josh Kopelman

Tom Blaisdell

Jeff Bussgang

Marc Grabowski

Will Gardenswartz

NUMBER OF EMPLOYEES

11-50

INVESTORS:

American Express

American Express Ventures

Angus Davis

Brad Gillespie

Commerce Ventures

Courtney Robinson

Dan Rosen

DCM Ventures

Edenred

First Round

First Round Capital

Flybridge Capital Partners

Founder Collective

Global Venture Capital

Horizon Technology Finance

IA Ventures

Jeff Bussgang

Justin Singer

Michael Bronner

Michael Lazerow

Ron Conway

SV Angel

Flybridge

KEY EMPLOYEES:

David Rochon

Michael Libenson

Momentum

FUNDED

YES

NUMBER OF FUNDING ROUNDS

6

TOTAL FUNDING

$28.8 M

DATE OF LAST FUNDING

Jul 2017

IPO STATUS

Private

ESTIMETED REVENUE RANGE

$1M to $10M

FUNDING SERIES

SERIES A  · $2.3 M  · Aug 2010

SERIES B  · $7 M  · Apr 2011

SERIES C  · $9 M  · Mar 2012

SERIES D  · $9.1 M  · Apr 2013

OTHERS  · $1.4 M · Jul 2017

DEBT FUNDING

$5 M

LISTED

NO

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

132,134

AVERAGE VISITS (6 MONTHS)

206,398.56

MONTHLY VISITS GROWTH

17.09%

VISIT DURATION

93

VISIT DURATION GROWTH

31.81%

PAGE VIEWS VISIT

1.75

PAGE VIEWS VISIT GROWTH

-5.97%

BOUNCE RATE

69.82%

BOUNCE RATE GROWTH

0.58%

GLOBAL TRAFFIC RANK

281,246

MONTHLY RANK CHANGE

-93,574

MONTHLY RANK GROWTH

-24.97%

Join the exclusive global FinTech community

Be a part of the global FinTech community on WhatsApp