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
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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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
Not available
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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.
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 |
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Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
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Customized product recommendations are delivered via an ecommerce search engine.
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Investor details for Istorez
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Investments & Acquisitions by Istorez
Investment portfolio details for Istorez
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Financial Statements - Istorez
Detailed financials for Istorez
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Istorez Comparisons
Peer comparison for Istorez
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- Named peers
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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 year | HQ Location | Description |
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Online marketplace offering deals on multi-category products and services
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Cashback services are provided for online shopping in stores.
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Cashback and rewards are aggregated for online purchases from merchants.
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Online shop that provides cashback
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Operates a platform that rewards users for sharing feedback with brands.
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Detailed competitors of Istorez
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Latest news on Istorez
Complete news archive for Istorez
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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.
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.