About Scondoo
Scondoo is a Retail company based in Berlin (Germany) founded in 2012, and was acquired by CheckoutSmart in August 2017. Mobile app to get cash back on groceries. It operates in the Retail and Technology sectors. Scondoo has raised $1.33 million across 2 funding rounds from investors including CheckoutSmart, Heilemann Ventures and Point Nine. The company has 22 employees. Its website scondoo.de draws about 49 thousand monthly visits. Its focus areas include Food and Agriculture Tech, Online Grocery, Shopping Assistant and Loyalty. Its competitors include Savings United, Kunden-App and Kuponjo.
Company details
Scondoo was founded in 2012 in Berlin, Germany, as a mobile shopping app focused on the grocery sector. Offers for cash back and sales are provided to users on iOS and Android platforms. Receipts from purchases are photographed by users, after which credits from participating brands are transferred directly to their accounts. Operations center on facilitating deal discovery and rebate processing in the European market.
- Headquarters Berlin, Germany
- Employees 22
- Stage Acquired
- SectorsRetailTechnology
- Website scondoo.de
- Social LinkedIn X Facebook
- Acquired by CheckoutSmart (Aug 2017)
- Total Equity Funding$1.33M (USD)
in 2 rounds
- Latest Funding Round$1.33M (USD), Seed
Jun 2013
- InvestorsCheckoutSmart
& 4 more
- Employee Count22
- Acquired byCheckoutSmart
(Aug 2017)
Funding Insights of Scondoo
Scondoo has successfully raised a total of $1.33M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.33 million completed in June 2013. 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 $1.33M
- Total Rounds 2
- Last Round Seed — $1.33M
- Investors Count 4
All 2 funding rounds of Scondoo 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 |
|---|---|---|---|---|---|
| Jun 2013 | $1.33M | Seed | – | Point Nine | |
| Apr 2012 | Series A | – | – |
5 investors in total: 4 institutional and 1 angel.
Investors in Scondoo
Scondoo has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include CheckoutSmart, Heilemann Ventures and Point Nine.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed and early-stage funding is provided by Heilemann Ventures to European digital entrepreneurs. | 2011 | heilemann-ventures.com | Berlin, Germany | |
Venture capital investments are directed toward marketplace and SaaS companies. | pointnine.com | Berlin, Germany | ||
Venture capital and coaching are provided by Cologne Invest. | cologne-invest.com | |||
RD Rouven Dresselhaus | Managing Partner at Cavalry Ventures, active angel investor in Indian startups | unknown_d941e4ea82524e04b | ||
Mobile app rewarding customers against snap of their grocery bill | 2012 | checkoutsmart.com | London, United Kingdom |
Investor details for Scondoo
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People of Scondoo
4 people are tracked at Scondoo (4 in leadership); the tracked headcount is 22.
| Name | Role | Group |
|---|---|---|
Zakaria Rahim | Director of Sales | Leadership |
Alexander Schüle | co-CEO | Leadership |
Constantin Rack | co-CEO | Leadership |
Felix Kayser | Chief Commercial Officer | Leadership |
Complete people profiles for Scondoo
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Timeline of Scondoo
4 dated milestones of Scondoo across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Scondoo is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $1.3M.
- Exit Acquired by CheckoutSmart.
Competitors of Scondoo
Scondoo has 3 listed competitors in our database. They include Savings United, Kunden-App and Kuponjo.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| savings-united.com | 2012 | Hamburg, Germany | 68 | Coupons for online shopping are connected via a shopper-brand platform. | ||
| kunden-app.com | 2018 | Wertingen, Germany | Provides smartphone apps for retail marketing, customer loyalty, and cost reduction. | |||
| kuponjo.de | 2010 | Berlin, Germany | Offers coupon-marketing software to enhance promotional strategies for businesses. |
Detailed competitors of Scondoo
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Web traffic of Scondoo
The website of Scondoo (scondoo.de) receives about 48.5K visits a month.
- Monthly visits48.5K
▲ 1.4% vs previous month
Websites whose visitors overlap most with Scondoo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| couponplatz.de | 100% | 42.4K | #683,132 | View details | |
gratis-finden.de | gratis-finden.de | 81% | – | ||
zewa.net | zewa.net | 68% | #405,513 | – | |
frosta.de | frosta.de | 68% | #185,988 | – | |
netzwertig.com | netzwertig.com | 34% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for Scondoo
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Related news about Scondoo
Complete news archive for Scondoo
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Frequently Asked Questions about Scondoo
Scondoo was founded in 2012.
Scondoo is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Scondoo is a funded company, having raised a total of $1.33M across 2 funding rounds to date.
Scondoo has 22 employees.
Scondoo was founded in 2012 in Berlin, Germany, as a mobile shopping app focused on the grocery sector. Offers for cash back and sales are provided to users on iOS and Android platforms. Receipts from purchases are photographed by users, after which credits from participating brands are transferred directly to their accounts. Operations center on facilitating deal discovery and rebate processing in the European market.
Scondoo's top competitors include Savings United, Kunden-App and Kuponjo.
Scondoo has 5 investors. Key investors include CheckoutSmart, Heilemann Ventures, Point Nine, Rouven Dresselhaus, and Cologne Invest.
Yes. Scondoo was acquired by CheckoutSmart in August 2017.