About Savored
Savored is a company based in New York (United States) founded in 2010 was acquired by Groupon in September 2012.. Savored has raised $3.78 million across 1 funding round from investors including Groupon. Savored operates in a competitive market with competitors including LivingSocial, Restaurant.com, Bloomspot, Flave and Student Money Saver, among others.
- Headquarter New York, United States
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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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- Jurisdiction Satara, Maharashtra, India
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Funding Insights of Savored
Savored has successfully raised a total of $3.78M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.78 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 Funding
- Total Rounds 1
- Last Round Series A — $3.8M
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First Round
First Round
(13 Jan 2011)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2011 | Amount | Series A - Savored | Valuation |
investors |
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| 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 Savored
Savored has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Groupon. 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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Online marketplace offering deals on multi-category products and services
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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 Savored
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Savored
| 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 |
Savored Comparisons
Competitors of Savored
Savored 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 LivingSocial, Restaurant.com, Bloomspot, Flave and Student Money Saver, 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 |
Daily deals on local experiences and products are offered online.
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| domain | founded_year | HQ Location |
Deals for restaurants are provided via an online platform.
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| domain | founded_year | HQ Location |
Exclusive local deals for experiences were offered by Bloomspot.
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| domain | founded_year | HQ Location |
App-based to earn rewards from local restaurants
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| domain | founded_year | HQ Location |
Multi-category deals and discounts are offered online to students.
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| domain | founded_year | HQ Location |
Operates as a site for local and national deals and promotions.
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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 Savored
When was Savored founded?
Savored was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is Savored located?
Savored is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Savored a funded company?
Savored is a funded company, having raised a total of $3.78M across 1 funding round to date. The company's 1st funding round was a Series A of $3.78M, raised on Jan 13, 2011.
What does Savored do?
Savored was founded in 2010 in New York, United States, within the restaurant reservation and yield management sector. A platform is operated for over 1,000 restaurants across the US, enabling incremental revenue from empty tables. Customers pay a 10 fee to book reservations and receive approximately 30 percent off their entire bills, including alcohol. The company was acquired by Groupon in September 2012 for an undisclosed amount.
Who are the top competitors of Savored?
Savored's top competitors include LivingSocial, Restaurant.com and Student Money Saver.
Who are Savored's investors?
Savored has 1 investor. Key investors include Groupon.