About Istorez
Istorez is a company based in Madrid (Spain) founded in 2004 was acquired by TheFind in September 2009. Istorez has raised $2.3 million across 1 funding round from investors including Norwest Venture Partners and TheFind. Istorez operates in a competitive market with competitors including Groupon, Qoala, Shoppiday, Beruby and Nicequest, among others.
- Headquarter Madrid, Spain
- SectorsRetail
- Website istorez.com
- Social LinkedIn X
- Acquired by TheFind (Sep 2009)
- Total Equity Funding$2.3M (USD)
in 1 rounds
- Latest Funding Round$2.3M (USD), Series A
Oct 2008
- InvestorsNorwest Venture Partners
& 1 more
- Acquired byTheFind
(Sep 2009)
Funding Insights of Istorez
Istorez has successfully raised a total of $2.3M through 1 strategic funding round. The most recent funding activity was a Series A round of $2.3 million completed in October 2008. 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 $2.3M
- Total Rounds 1
- Last Round Series A — $2.3M
- First Round $2.3M
(Oct 2008)
- Investors Count 1
All 1 funding rounds of Istorez with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2008 | $2.3M | Series A | – | – |
2 investors in total: 2 institutional.
Investors in Istorez
Istorez has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Norwest Venture Partners and TheFind.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors. | 1961 | nvp.com | Menlo Park, United States | |
Customized product recommendations are delivered via an ecommerce search engine. | 2005 | thefind.com | Mountain View, United States |
Investor details for Istorez
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Istorez
3 dated milestones of Istorez across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Istorez is founded.
- Funding First funding round of $2.3M.
- Exit Acquired by TheFind.
Competitors of Istorez
Istorez 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, Qoala, Shoppiday, Beruby and Nicequest, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| groupon.com | 2007 | Chicago, United States | – | 969 | Online marketplace offering deals on multi-category products and services | |
| joinqoala.com | 2020 | Madrid, Spain | $2.02M | – | Cashback services are provided for online shopping in stores. | |
| shoppiday.es | 2017 | Sabadell, Spain | – | – | Cashback and rewards are aggregated for online purchases from merchants. | |
| beruby.com | 2007 | Madrid, Spain | $1.32M | – | Online shop that provides cashback | |
| nicequest.com | 2005 | Barcelona, Spain | – | – | Operates a platform that rewards users for sharing feedback with brands. | |
| maximiles.com | 1999 | Paris, France | $7.91M | – | Maximiles is operated as a platform for earning rewards through surveys. | |
| clickandpay.ru | 2010 | – | $60M | – | Cashback rewards are offered to users through retailer partnerships. | |
| dcoupon.com | 2002 | Madrid, Spain | – | – | Operates an app-based platform delivering coupons and deals across multiple product categories. | |
| clubnani.com | 2017 | Salamanca, Spain | – | – | Provides gifts, offers, and promotions through earned points. |
Detailed competitors of Istorez
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to Istorez
10 companies that operate in the same segment as Istorez (Deals, Rewards & Comparison Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cashback is provided on multi-category product purchases via mobile app. | 2012 | Denver, Colorado, United States | USD 97.58 M | USD 342.39 M | 886 | |
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 | |
Online group-buying platform offering coupons for multi-category products and services | 2010 | Beijing, China | USD 9.86 B | USD 47.13 B | – | |
Online platform for discovering and booking hotel accommodations at discounted prices | 2016 | San Francisco, California, United States | USD 226.3 M | – | – | |
Promotion-based circulars are digitized for retailers via an app-based solution. | 2006 | Toronto, Ontario, Canada | USD 78 M | – | 358 | |
Cashback is provided on multi-category products through an app-based platform. | 1997 | San Francisco, California, United States | – | USD 15.96 B | 29,330 | |
Cashback and coupon offers are provided for e-commerce shopping. | – | Gurugram, Haryana, India | USD 32.61 M | – | – | |
Honey is recognized for providing automatic coupons and deals online. | 2012 | Pasadena, California, United States | USD 9.8 M | – | – | |
Cashback is provided automatically through app on diverse purchases. | 2016 | Austin, Texas, United States | USD 87.36 M | – | 78 | |
Online platform offering rewards and cashback for multi-category products | 2014 | Singapore, Singapore | USD 331.7 M | – | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Istorez
Istorez was founded in 2004 and raised its 1st funding round 4 years after it was founded.
Istorez is headquartered in Madrid, Spain. It is registered at Madrid, Madrid, Spain.
Istorez is a funded company, having raised a total of $2.3M across 1 funding round to date. The company's 1st funding round was a Series A of $2.3M, raised on Oct 2008.
iStorez collects specials and coupons from online stores and bundles them together to help users find savings across the web. They place all the links with affiliate codes. According to the founder, Anand Jagannathan, they could get 0.25 per click on a cost-per-click basis. Overall, they are aiming for an effective CPM of 30 to 50 (i.e., for every thousand people who see a given promotion). Raised 2.3 million in first-round funding from Norwest Venture Partners. Acquired by theFind in 2009 for less than 500k.
Istorez has 2 investors. Key investors include Norwest Venture Partners, and TheFind.
Yes. Istorez was acquired by TheFind in September 2009.