About Bloomspot
Bloomspot is a company based in San Francisco (United States) founded in 2008 was acquired by JPMorgan Chase in December 2012. Bloomspot has raised $46.1 million across 4 funding rounds from investors including JPMorgan Chase, Western Technology Investment and InterWest. Bloomspot operates in a competitive market with competitors including RetailMeNot, LivingSocial, Groupon, SheerID and CouponCabin, among others.
- Headquarter San Francisco, United States
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Bloomspot, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$46.1 M (USD)
in 4 rounds
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Latest Funding Round
$5 M (USD), Debt – Venture
Aug 09, 2011
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Investors
JPMorgan Chase
& 9 more
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Employee Count
Employee Count
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Acquired by
JPMorgan Chase
(Dec 20, 2012)
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Funding Insights of Bloomspot
Bloomspot has successfully raised a total of $46.1M across 4 strategic funding rounds. The most recent funding activity was a Debt – Venture round of $5 million completed in August 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Debt – Venture — $5.0M
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First Round
First Round
(01 Jan 2009)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2011 | Amount | Debt – Venture - Bloomspot | Valuation |
investors |
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| Aug, 2011 | Amount | Series B - Bloomspot | Valuation | InterWest Partners , Columbia Capital | |
| Sep, 2010 | Amount | Series A - Bloomspot | Valuation | Menlo Ventures |
Investors in Bloomspot
Bloomspot has secured backing from 10 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include JPMorgan Chase, Western Technology Investment and InterWest.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage investing in IT and healthcare ventures.
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Founded Year | Domain | Location | |
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US tech companies are funded across stages by Columbia Capital.
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Founded Year | Domain | Location | |
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Early-stage venture capital firm investing in AI, healthcare, and tech sectors.
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Founded Year | Domain | Location |
Investments & Acquisitions by Bloomspot
Financial Statements - Bloomspot
Bloomspot Comparisons
Competitors of Bloomspot
Bloomspot operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RetailMeNot, LivingSocial, Groupon, SheerID and CouponCabin, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of app and browser extension offering digital coupons & deals
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| domain | founded_year | HQ Location |
Daily deals on local experiences and products are offered online.
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| domain | founded_year | HQ Location |
Online marketplace offering deals on multi-category products and services
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| domain | founded_year | HQ Location |
Customer eligibility for special offers is verified online instantly.
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| domain | founded_year | HQ Location |
Online coupon codes and printable coupons are provided by CouponCabin.
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| domain | founded_year | HQ Location |
Online platform for promo codes and free printable coupons for shopping online and in-store
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Latest news on Bloomspot
Frequently Asked Questions about Bloomspot
Bloomspot was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Bloomspot is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Bloomspot is a funded company, having raised a total of $46.1M across 4 funding rounds to date. The company's 1st funding round was a Series A of $9M, raised on Jan 01, 2009.
Bloomspot provides exclusive deals for renowned local restaurants, spas, salons, weekend getaways, events, and international resorts. Bloomspot has featured highest-rated experiences including 100 Zagat-rated restaurants and AAA Four Diamond hotels.Instead of targeting the wider mainstream with daily deals, Bloomspot allowed merchants to specifically target their best customers. Using credit card data provided by consumers, Bloomspot could not only better target offers, it was also able to close the loop, and verify if the offer had been redeemed and how much the consumer spent. At the time of the acquisition, Bloomspot had around 2 million membership and some 500,000 merchants. Bloomspot has ended its offers program as of May 2015.
Bloomspot's top competitors include SheerID, RetailMeNot and LivingSocial.
Bloomspot has 10 investors. Key investors include JPMorgan Chase, Western Technology Investment, InterWest, Columbia Capital, and Menlo Ventures.