DealSmash

Islamabad, Pakistan Founded: 2015 • Age: 11 yrs
An AI-based app for discount coupons for offline shoppers.

About DealSmash

DealSmash is a company based in Islamabad (Pakistan) founded in 2015 by Ali Hasnain and Hamza Iftikhar. It operates as a B2C. DealSmash has raised $233.34 thousand across 2 funding rounds from investors including Al Hilal Group and National ICT R&D Fund. DealSmash operates in a competitive market with competitors including Ibotta, RetailMeNot, LivingSocial, 360insights and Groupon, among others.

  • Headquarter Islamabad, Pakistan
  • Founders Ali Hasnain, Hamza Iftikhar
  • Sectors
    Retail
  • Website dealsmash.co
  • Social X Facebook
Key Metrics
  • Total Equity Funding
    $233.34K (USD)

    in 2 rounds

  • Latest Funding Round
    $150K (USD), Seed

    Feb 2018

  • Investors

Funding Insights of DealSmash

DealSmash has successfully raised a total of $233.34K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $150 thousand completed in February 2018. 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 $233,337
  • Total Rounds 2
  • Last Round Seed β€” $150,000
  • First Round $83,337

    (May 2017)

  • Investors Count 2

All 2 funding rounds of DealSmash with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2018$150,000Seed––
May 2017$83,337Seed––
Valuation history

2 investors in total: 2 institutional.

Investors in DealSmash

DealSmash has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Al Hilal Group and National ICT R&D Fund.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
-
–ictrdf.org.pk-
Al Hilal Group is engaged in publishing and marketing activities.
1978alhilalgroup.comManama, Bahrain
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Investor details for DealSmash

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  • Round participation
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People of DealSmash

2 people are tracked at DealSmash (2 in leadership).

NameRoleGroup
Ali Hasnain
Co-Founder, CEOLeadership
Hamza Iftikhar
Co-Founder, COOLeadership
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Complete people profiles for DealSmash

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  • Team structure
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Timeline of DealSmash

3 dated milestones of DealSmash across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded DealSmash is founded.
  2. Funding First funding round of $83K.
  3. Funding Latest funding round, Seed, of $150K.

Competitors of DealSmash

DealSmash 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 Ibotta, RetailMeNot, LivingSocial, 360insights and Groupon, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ibotta.com2012Denver, United States$97.58M988
Cashback is provided on multi-category product purchases via mobile app.
retailmenot.com2009Austin, United States$314.5M378
Provider of app and browser extension offering digital coupons & deals
livingsocial.com2007–$1.11B–
Daily deals on local experiences and products are offered online.
360insights.com2009Whitby, Canada$47.65M–
SaaS platform for channel loyalty and incentive management is provided.
groupon.com2007Chicago, United States–969
Online marketplace offering deals on multi-category products and services
uberall.com2009Berlin, Germany$140M188
Online presence for local businesses is managed centrally across platforms.
magicpin.com2015Gurugram, India$104.41M843
Offers a platform that rewards customers for visiting partner businesses.
sheerid.com2011Portland, United States$96.13M139
Customer eligibility for special offers is verified online instantly.
biltrewards.com2021New York, United States$957.52M–
Reward-based rental management is facilitated via SaaS for residential properties.
shopkick.com2009Redwood, United States$20M109
Hyperlocal mobile-app platform offering rewards and shopping assistance to consumers
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Detailed competitors of DealSmash

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  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Dealsmash

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Complete news archive for DealSmash

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  • Source and publication date
  • Older coverage
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Similar companies to DealSmash

10 companies that operate in the same segment as DealSmash (Deals, Rewards & Comparison Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cashback is provided on multi-category product purchases via mobile app.
2012Denver, Colorado, United StatesUSD 97.58 MUSD 342.39 M886
Online platform offering discovery of local deals, experiences, and rewards
2015Gurugram, Haryana, IndiaUSD 105.82 MUSD 37.82 M414
Online group-buying platform offering coupons for multi-category products and services
2010Beijing, ChinaUSD 9.86 BUSD 47.13 B–
Online platform for discovering and booking hotel accommodations at discounted prices
2016San Francisco, California, United StatesUSD 226.3 M––
Promotion-based circulars are digitized for retailers via an app-based solution.
2006Toronto, Ontario, CanadaUSD 78 M–358
Cashback is provided on multi-category products through an app-based platform.
1997San Francisco, California, United States–USD 15.96 B29,330
Cashback and coupon offers are provided for e-commerce shopping.
–Gurugram, Haryana, IndiaUSD 32.61 M––
Honey is recognized for providing automatic coupons and deals online.
2012Pasadena, California, United StatesUSD 9.8 M––
Cashback is provided automatically through app on diverse purchases.
2016Austin, Texas, United StatesUSD 87.36 M–78
Online platform offering rewards and cashback for multi-category products
2014Singapore, SingaporeUSD 331.7 M––
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Frequently Asked Questions about DealSmash

DealSmash was founded in 2015 and raised its 1st funding round 2 years after it was founded.

DealSmash is headquartered in Islamabad, Pakistan.

Ali Hasnain is the current CEO of DealSmash. They have also founded this company.

DealSmash is a funded company, having raised a total of $233.34K across 2 funding rounds to date. The company's 1st funding round was a Seed of $83.34K, raised on May 2017.

DealSmash, based in Islamabad, focuses on engaging in retail operations, operating online marketplaces, coupon apps, and discount services. An AI-based app for discount coupons for offline shoppers. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.

DealSmash's top competitors include Ibotta, SheerID and Bilt Rewards.

DealSmash has 2 investors. Key investors include Al Hilal Group, and National ICT R&D Fund.

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