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SavingStar
company
About
SavingStar helps shoppers earn cash back at 58,000 supermarkets and drugstores and 800+ online retailers. There's nothing to clip/print.
- Waltham,Massachusetts,United States
- 11 - 50
Details
- Last Funding Type
- Debt Financing
- Last Funding Money Raised
- $5M
- Industries
- Advertising,E-Commerce,FinTech,Retail,Shopping
- Founded date
- Jun 1, 2010
- Number Of Employee
- 11 - 50
- Operating Status
- Close
- Legal Name
- SavingStar, Inc.
- Also Known As
- savewave
SavingStar is a paperless grocery rewards platform that enables shoppers to earn cash back. Shoppers earn cash on item-level grocery purchases with offers linked to their store loyalty cards and are validated when they submit a picture of their receipt at a number of retail locations nationwide. It automatically adds the value of each offer into members' SavingStar or partner accounts, enabling users to pick their payout from cash back or other currencies. The platform was launched in June 2010 and is based in Waltham, Massachusetts.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
7
$36.67M
SavingStar has raised a total of
$36.67M
in funding over 2 rounds. Their latest funding was raised on
Jul 12, 2017 from a Series Unknown round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jul 12, 2017 | Series Unknown | $1.40M | 1 | — | — | Detail |
| May 13, 2015 | Debt Financing | $5M | 1 | — | — | Detail |
| Apr 15, 2015 | Series Unknown | $2.87M | 1 | — | — | Detail |
| Apr 5, 2013 | Series D | $9.10M | 8 |
Edenred
|
— | Detail |
| Mar 8, 2012 | Series C | $9M | 7 |
DCM Ventures
|
— | Detail |
Investors
Number of Lead Investors
Number of Investors
4
16
SavingStar is funded by 16 investors.
Edenred
and American Express Ventures
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Edenred
|
Yes | Series D |
American Express Ventures
|
— | Series Unknown |
Horizon Technology Finance
|
— | Debt Financing |
Flybridge
|
— | Series Unknown |
American Express
|
— | Series D |
Commerce Ventures
|
— | Series D |
|
DCM Ventures
|
— | Series D |
First Round Capital
|
— | Series D |
IA Ventures
|
— | Series D |
Global Venture Capital
|
— | Series C |
Employee Profiles
Number of Employee Profiles
5
SavingStar has 5 current employee profiles, including
Board observer Roger Ehrenberg
Board observer
Board member
Board member
Executive
Executive
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