Groupon

Chicago, United States Founded: 2007 • Age: 19 yrs Acquired By Fave
Online marketplace offering deals on multi-category products and services
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About Groupon

Groupon is a company based in Chicago (United States) founded in 2007 by Eric Lefkofsky, Brad Keywell, and Andrew Mason was acquired by Fave in June 2016.. Groupon has raised $950 million across 1 funding round from investors including Fave, Andreessen Horowitz and Kleiner Perkins. The company has 2,080 employees as of December 31, 2024. Groupon has completed 40 acquisitions, including 79King, Adku and Aisle50. Groupon operates in a competitive market with competitors including Flipkart, Myntra, Nykaa, Amazon and Zulily, among others.

  • Headquarter Chicago, United States
  • Employees 2080 as on 31 Dec, 2024
  • Founders Eric Lefkofsky, Brad Keywell, Andrew Mason
  • Stage Public
  • Sectors
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Groupon, Inc.
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
    $492.56 M
    -4.34
    as on Dec 31, 2024
  • Net Profit
    $-59.03 M
    -6.53
    as on Dec 31, 2024
  • EBITDA
    $35.6 M
    -13.11
    as on Dec 31, 2024
  • Total Equity Funding
    $950 M (USD)

    in 1 rounds

  • Latest Funding Round
    $950 M (USD), Series D

    Jan 10, 2011

  • Investors
    Fave

    & 2 more

  • Employee Count
    2080

    as on Dec 31, 2024

  • Investments & Acquisitions
    79King

    & 39 more

  • Acquired by
    Fave

    (Jun 06, 2016)

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IPO & Listings of Groupon

Groupon is a publicly listed company on the NASDAQ with ticker symbol GRPN in USA, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: GRPN . Sector: Retail trade · USA
People of Groupon
Headcount 5000-10000
Employee Profiles 406
Board Members and Advisors 5
Employee Profiles
People
Chris MacKin
Head Of Private Label
People
Jakub V.
Head Of Performance Marketing
People
Dorota Wisnicka
Senior Key Account Manager
People
Karolina Lewandowska
Market Manager

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Board Members and Advisors
people
Richard Merage
Advisor
people
Jason Harinstein
Director
people
Theodore Leonsis
Chairman

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Funding Insights of Groupon

Groupon has successfully raised a total of $950M through 1 strategic funding round. The most recent funding activity was a Series D round of $950 million completed in January 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 Rounds 1
  • Last Round Series D — $950.0M
  • First Round

    (10 Jan 2011)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2011 Amount Series D - Groupon Valuation

investors

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

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Groupon

Groupon has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Fave, Andreessen Horowitz and Kleiner Perkins. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital investments in technology sectors are handled by Andreessen Horowitz.
Founded Year Domain Location
Venture capital firm investing in early-stage tech startups
Founded Year Domain Location
A lifestyle app for deals and payments in Asia.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Groupon

Groupon has strategically engaged in corporate development activities, having acquired 40 companies. Notable acquisitions include 79King, Adku and Aisle50. 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
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
AI-based virtual assistants for customer support are provided.
2016
Online gift card retailer
2014
In-store analytics are delivered through Wi-Fi cloud platform.
2012
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Groupon

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

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Groupon Comparisons

Employees
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Competitors of Groupon

Groupon 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 Flipkart, Myntra, Nykaa, Amazon and Zulily, 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
Multi-category consumer products are offered via an online marketplace platform.
domain founded_year HQ Location
Fashion and lifestyle products are offered via an online marketplace.
domain founded_year HQ Location
Cosmetics, skincare, haircare, and wellness products are retailed online.
domain founded_year HQ Location
Multi-category products are offered through an online marketplace.
domain founded_year HQ Location
Online shopping platform is operated via flash sales by Zulily.
domain founded_year HQ Location
Discounted products across multiple categories are sold online.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Groupon

Frequently Asked Questions about Groupon

When was Groupon founded?

Groupon was founded in 2007 and raised its 1st funding round 4 years after it was founded.

Where is Groupon located?

Groupon is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

Who is the current CEO of Groupon?

Dusan Senkypl is the current CEO of Groupon.

Is Groupon a funded company?

Groupon is a funded company, having raised a total of $950M across 1 funding round to date. The company's 1st funding round was a Series D of $950M, raised on Jan 10, 2011.

How many employees does Groupon have?

As of Dec 31, 2024, the latest employee count at Groupon is 2,080.

What is the annual revenue of Groupon?

Annual revenue of Groupon is $492.56M as on Dec 31, 2024.

What does Groupon do?

Groupon was founded in 2007 in Chicago, United States, as an online marketplace in the e-commerce sector. Operations focus on providing discounted deals across multiple categories, such as massage, travel, food, electronics, spa and sauna treatments, dancing and fitness activities, water parks, and beverages. The platform, accessible at groupon.com, connects consumers with local and national merchants for time-limited offers.

Who are the top competitors of Groupon?

Groupon's top competitors include Flipkart, Nykaa and Myntra.

Is Groupon publicly traded?

Yes, Groupon is publicly traded on NASDAQ under the ticker symbol GRPN.

How many acquisitions has Groupon made?

Groupon has made 40 acquisitions, including 79King, Adku, and Aisle50.

Who are Groupon's investors?

Groupon has 3 investors. Key investors include Fave, Andreessen Horowitz, and Kleiner Perkins.

What is Groupon's ticker symbol?

The ticker symbol of Groupon is GRPN on NASDAQ.

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