About Jump On It
Jump On It is a Retail company based in Sydney (Australia) founded in 2009, and was acquired by LivingSocial in November 2010. Australias group buying site. Jump On It has raised $5 million across 1 funding round from investors including LivingSocial. The company was acqui-hired. Its focus areas include Coupons and Deals, Deals, O2O and Horizontal.
Company details
Jump On It is an Australian group buying site which offers discounts up to 90 on restaurants, spas, gyms, outdoor activities, and others. Buyers purchase their offers individually and the deal is activated as soon as enough users buy it. The business received its first round of funding in May 2010 via Nextec Capital from an investor group led by Roger Allen of Allen and Buckeridge fame.
- Headquarters Sydney, Australia
- Stage Acquired
- SectorsRetail
- Website jumponit.com
- Social LinkedIn
- Acquired by LivingSocial (Nov 2010)
- Total Equity Funding$5M (USD)
in 1 rounds
- Latest Funding Round$5M (USD), Series A
Nov 2010
- Investors
- Acquired byLivingSocial
(Nov 2010)
Funding Insights of Jump On It
Jump On It has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5 million completed in November 2010. 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 $5M
- Total Rounds 1
- Last Round Series A — $5M
- First Round $5M
(Nov 2010)
- Investors Count 1
All 1 funding rounds of Jump On It 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 |
|---|---|---|---|---|---|
| Nov 2010 | $5M | Series A | – | – |
1 investors in total: 1 institutional.
Investors in Jump On It
Jump On It has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include LivingSocial.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Daily deals on local experiences and products are offered online. | 2007 | livingsocial.com |
Investor details for Jump On It
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 Jump On It
3 dated milestones of Jump On It across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Jump On It is founded.
- Funding First funding round of $5.0M.
- Exit Acquired by LivingSocial.
Web traffic of Jump On It
Websites that share an audience with Jump On It (jumponit.com).
Websites whose visitors overlap most with Jump On It. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| spreets.com.au | 30% | 1.8K | View details |
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Frequently Asked Questions about Jump On It
Jump On It was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Jump On It is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Jump On It is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Series A of $5M, raised on Nov 2010.
Jump On It is an Australian group buying site which offers discounts up to 90 on restaurants, spas, gyms, outdoor activities, and others. Buyers purchase their offers individually and the deal is activated as soon as enough users buy it. The business received its first round of funding in May 2010 via Nextec Capital from an investor group led by Roger Allen of Allen and Buckeridge fame.
Jump On It has 1 investor. Key investors include LivingSocial.
Yes. Jump On It was acquired by LivingSocial in November 2010.