About CityDeal
CityDeal is a company based in Dresden (Germany) founded in 2009 was acquired by Groupon in May 2010.. CityDeal has raised $6.88 million across 1 funding round from investors including Groupon, Rocket Internet and Kinnevik. The company has 2,382 employees as of September 30, 2019. CityDeal operates in a competitive market with competitors including Groupon, Uberall, Gropius Passagen, Couponplatz and Qualiet, among others.
- Headquarter Dresden, Germany
- Employees 2382 as on 30 Sep, 2019
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Sectors
Retail
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Phone
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Website
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Social
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- Legal Name Groupon, Inc
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Funding Insights of CityDeal
CityDeal has successfully raised a total of $6.88M through 1 strategic funding round. The most recent funding activity was a Series A round of $6.88 million completed in March 2010. 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 1
- Last Round Series A — $6.9M
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First Round
First Round
(17 Mar 2010)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2010 | Amount | Series A - CityDeal | Valuation | Headline , Rocket Internet |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CityDeal
CityDeal has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Groupon, Rocket Internet and Kinnevik. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments are made in early-stage tech startups across multiple sectors.
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Founded Year | Domain | Location | |
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Global investments in internet and technology startups are facilitated.
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward multiple sectors by Kinnevik.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CityDeal
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CityDeal
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Citydeal Comparisons
Competitors of CityDeal
CityDeal 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 Groupon, Uberall, Gropius Passagen, Couponplatz and Qualiet, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online marketplace offering deals on multi-category products and services
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| domain | founded_year | HQ Location |
Online presence for local businesses is managed centrally across platforms.
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| domain | founded_year | HQ Location |
Multi-category deals from local merchants are accessed via mobile app.
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| domain | founded_year | HQ Location |
Online platform providing discount coupons for a wide range of products.
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| domain | founded_year | HQ Location |
An online platform that offers reward points for multi-category products purchased from offline stores.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about CityDeal
When was CityDeal founded?
CityDeal was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Where is CityDeal located?
CityDeal is headquartered in Dresden, Germany. It is registered at Dresden, Saxony, Germany.
Is CityDeal a funded company?
CityDeal is a funded company, having raised a total of $6.88M across 1 funding round to date. The company's 1st funding round was a Series A of $6.88M, raised on Mar 17, 2010.
How many employees does CityDeal have?
As of Sep 30, 2019, the latest employee count at CityDeal is 2,382.
What does CityDeal do?
CityDeal was established in 2009 in Dresden, Germany, as a platform for daily deals. Discounted vouchers and offers for products and services, such as those from online stores, restaurants, theme parks, and cinemas, are made available to consumers across Germany. Operations center on the local market for e-commerce and leisure sectors. Acquisition by Groupon was completed in May 2010.
Who are the top competitors of CityDeal?
CityDeal's top competitors include Uberall, Groupon and Gropius Passagen.
Who are CityDeal's investors?
CityDeal has 5 investors. Key investors include Groupon, Rocket Internet, Kinnevik, Headline, and HV Capital.