Scondoo

Berlin, Germany Founded: 2012 • Age: 14 yrs Acquired By CheckoutSmart
Mobile app to get cash back on groceries
Annual revenue - Latest available
Total funding $1.3M 2 rounds
Employees 22 Tracked headcount
Investors 5 Known backers
Products - Services tracked
Competitors 4 Brand Intelligence

About Scondoo

Scondoo is a company based in Berlin (Germany) founded in 2012 was acquired by CheckoutSmart in August 2017. Scondoo has raised $1.33 million across 2 funding rounds from investors including CheckoutSmart, Heilemann Ventures and Point Nine. The company has 22 employees as of December 31, 2021. Scondoo operates in a competitive market with competitors including Savings United, Kunden-App and Kuponjo, among others.

  • Headquarter Berlin, Germany
  • Employees 22 as on 31 Dec, 2021
  • Sectors
    Retail
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1.33 M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.33 M (USD), Seed

    Jun 17, 2013

  • Investors
  • Employee Count
    22

    as on Dec 31, 2021

  • Acquired by
    CheckoutSmart

    (Aug 08, 2017)

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People of Scondoo

Headcount 10-50
Employee Profiles 5
Employee Profiles
People
Zakaria Rahim
Director of Sales
People
Alexander Schüle
co-CEO
People
Constantin Rack
co-CEO

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Teams

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.

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.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Seed and early-stage funding is provided by Heilemann Ventures to European digital entrepreneurs.
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Venture capital investments are directed toward marketplace and SaaS companies.
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Venture capital and coaching are provided by Cologne Invest.
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Investor details for Scondoo

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  • Investor domains
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Investments & Acquisitions by Scondoo

Investments
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Investment portfolio details for Scondoo

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Financial Statements - Scondoo

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Detailed financials for Scondoo

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Scondoo Comparisons

Scondoo Primary company
Description
Mobile app to get cash back on groceries
Location
Berlin, Germany
Founded Year
2012
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
22
As of 2021
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Peer comparison for Scondoo

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Scondoo

Scondoo 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 Savings United, Kunden-App and Kuponjo, among others.

Company Name Domain Founded year HQ Location Description
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Coupons for online shopping are connected via a shopper-brand platform.
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Provides smartphone apps for retail marketing, customer loyalty, and cost reduction.
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Offers coupon-marketing software to enhance promotional strategies for businesses.
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Detailed competitors of Scondoo

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  • Domains and locations
  • Full company profiles
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Latest news on Scondoo

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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.

As of Dec 31, 2021, the latest employee count at Scondoo is 22.

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.

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