CheckoutSmart

London, United Kingdom Founded: 2012 • Age: 14 yrs
Mobile app rewarding customers against snap of their grocery bill
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About CheckoutSmart

CheckoutSmart is a company based in London (United Kingdom) founded in 2012 by Paul Lees.. CheckoutSmart has raised $2.4 million across 1 funding round. The company has 22 employees as of August 31, 2021. CheckoutSmart has completed 1 acquisition, including Scondoo. CheckoutSmart offers products and services including Cashback Platform and Offer Browsing Service. CheckoutSmart operates in a competitive market with competitors including Mention Me, Buyapowa, GreenJinn, App Virality and Incentivesmart, among others.

  • Headquarter London, United Kingdom
  • Employees 22 as on 31 Aug, 2021
  • Founders Paul Lees
  • Sectors
    Retail
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Checkout Smart Ltd
  • Date of Incorporation 11 Sep, 2012
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Retail → E-Commerce Platforms & Marketplaces → →
Retail → E-Commerce Platforms & Marketplaces → →
Technology → Marketing, Adtech & Commerce Technology → →
Technology → Marketing, Adtech & Commerce Technology → →
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $2.4 M (USD)

    in 1 rounds

  • Latest Funding Round
    $2.4 M (USD), Angel Round

    Nov 04, 2014

  • Investors
  • Employee Count
    22

    as on Aug 31, 2021

  • Investments & Acquisitions
    Scondoo

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Products & Services of CheckoutSmart

CheckoutSmart offers a comprehensive portfolio of products and services, including Cashback Platform and Offer Browsing Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform for earning cashback on supermarket shopping via receipt uploads

Service to view and access exclusive retail offers from partnered brands

People of CheckoutSmart
Headcount 10-50
Employee Profiles 10
Employee Profiles
People
Chris Howarth
Founder
People
Alex Mazalov
Software Developer
People
Leena C.
Head of Business Analysis
People
Megan Ayres
Sales & Marketing Executive

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Teams
DM
Alex Mazalov

Software Development Team

2 people

Paul Lees
PN

Leadership Team

2 people

Megan Ayres
Ian Rickerby

Sales and Marketing

2 people

Chris Howarth

Founder Team

1 people

Leena C.

Data Analysis and Operations Team

1 people

Lisa Luxford ICF ACC

Head Team

1 people

Jade Swan

Account Team

1 people

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Funding Insights of CheckoutSmart

CheckoutSmart has successfully raised a total of $2.4M through 1 strategic funding round. The most recent funding activity was a Angel Round round of $2.4 million completed in November 2014. 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 Rounds 1
  • Last Round Angel Round — $2.4M
  • First Round

    (04 Nov 2014)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2014 Amount Angel Round - CheckoutSmart Valuation

investors
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Investments & Acquisitions by CheckoutSmart

CheckoutSmart has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Scondoo. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bento Cloud
Bionic investment advisor platform
2016
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Scondoo
Mobile app to get cash back on groceries
2012
Company Name Description Domain Location Founded Year Amount
OVO
OVO is recognized as a smart digital payment application.
2017
Bento Cloud
Bionic investment advisor platform
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - CheckoutSmart

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Checkoutsmart Comparisons

Employees
+
Add Comparison
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Competitors of CheckoutSmart

CheckoutSmart 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 Mention Me, Buyapowa, GreenJinn, App Virality and Incentivesmart, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
Mention Me
domain founded_year HQ Location
Referral marketing solutions are delivered for eCommerce via word-of-mouth channels.
Buyapowa
domain founded_year HQ Location
Cloud based reward and referral marketing platform
GreenJinn
domain founded_year HQ Location
Cashback for multi-category products is offered through app-based receipt uploads.
App Virality
domain founded_year HQ Location
Referral and advocacy marketing platform for mobile apps is provided.
Incentivesmart
domain founded_year HQ Location
Provides points-based reward programs for loyalty and engagement initiatives.
Company Name Domain Founded year HQ Location Description
inDrive
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
Bolt
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
Gojek
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
Dunzo
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Checkoutsmart

Frequently Asked Questions about CheckoutSmart

When was CheckoutSmart founded?

CheckoutSmart was founded in 2012 and raised its 1st funding round 2 years after it was founded.

Where is CheckoutSmart located?

CheckoutSmart is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Is CheckoutSmart a funded company?

CheckoutSmart is a funded company, having raised a total of $2.4M across 1 funding round to date. The company's 1st funding round was a Angel Round of $2.4M, raised on Nov 04, 2014.

How many employees does CheckoutSmart have?

As of Aug 31, 2021, the latest employee count at CheckoutSmart is 22.

What does CheckoutSmart do?

CheckoutSmart was founded in 2012 in London, United Kingdom, operating in the consumer goods sector. A mobile app is offered for Android and iOS devices, where offers from brands are viewed by users. Grocery receipts are uploaded and automatically analyzed, with cashbacks credited to bank or PayPal accounts. Shoppers are rewarded for purchases, facilitating brand engagement with consumers.

Who are the top competitors of CheckoutSmart?

CheckoutSmart's top competitors include Mention Me, GreenJinn and Buyapowa.

What products or services does CheckoutSmart offer?

CheckoutSmart offers Cashback Platform and Offer Browsing Service.

How many acquisitions has CheckoutSmart made?

CheckoutSmart has made 1 acquisition, including Scondoo.

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