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
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.3 M (USD)
in 1 rounds
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Latest Funding Round
$2.3 M (USD), Series A
Oct 28, 2008
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Investors
Norwest Venture Partners
& 1 more
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Employee Count
Employee Count
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Acquired by
TheFind
(Sep 01, 2009)
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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 Total Funding
- Total Rounds 1
- Last Round Series A — $2.3M
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First Round
First Round
(28 Oct 2008)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2008 | Amount | Series A - Istorez | Valuation |
investors |
| 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 Istorez
Istorez has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Norwest Venture Partners and TheFind. 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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Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
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Founded Year | Domain | Location | |
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Customized product recommendations are delivered via an ecommerce search engine.
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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 Istorez
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Istorez
| 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 |
Istorez Comparisons
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. 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 |
Cashback services are provided for online shopping in stores.
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| domain | founded_year | HQ Location |
Cashback and rewards are aggregated for online purchases from merchants.
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| domain | founded_year | HQ Location |
Online shop that provides cashback
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| domain | founded_year | HQ Location |
Operates a platform that rewards users for sharing feedback with brands.
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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 Istorez
When was Istorez founded?
Istorez was founded in 2004 and raised its 1st funding round 4 years after it was founded.
Where is Istorez located?
Istorez is headquartered in Madrid, Spain. It is registered at Madrid, Madrid, Spain.
Is Istorez a funded company?
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 28, 2008.
What does Istorez do?
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.
Who are the top competitors of Istorez?
Who are Istorez's investors?
Istorez has 2 investors. Key investors include Norwest Venture Partners, and TheFind.
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