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
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Sectors
RetailTechnology
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.33 M (USD)
in 2 rounds
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Latest Funding Round
$1.33 M (USD), Seed
Jun 17, 2013
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Investors
CheckoutSmart
& 4 more
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Employee Count
22
as on Dec 31, 2021
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Acquired by
CheckoutSmart
(Aug 08, 2017)
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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 Total Funding
- Total Rounds 2
- Last Round Seed — $1.3M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2013 | Amount | Seed - Scondoo | Valuation | Point Nine | |
| Apr, 2012 | Amount | Series A - Scondoo | Valuation |
investors |
| 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 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. 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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Seed and early-stage funding is provided by Heilemann Ventures to European digital entrepreneurs.
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward marketplace and SaaS companies.
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Founded Year | Domain | Location | |
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Venture capital and coaching are provided by Cologne Invest.
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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 Scondoo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Scondoo
| 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 |
Scondoo Comparisons
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. 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 |
Coupons for online shopping are connected via a shopper-brand platform.
|
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| domain | founded_year | HQ Location |
Provides smartphone apps for retail marketing, customer loyalty, and cost reduction.
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| domain | founded_year | HQ Location |
Offers coupon-marketing software to enhance promotional strategies for businesses.
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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 Scondoo
When was Scondoo founded?
Scondoo was founded in 2012.
Where is Scondoo located?
Scondoo is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Is Scondoo a funded company?
Scondoo is a funded company, having raised a total of $1.33M across 2 funding rounds to date.
How many employees does Scondoo have?
As of Dec 31, 2021, the latest employee count at Scondoo is 22.
What does Scondoo do?
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.
Who are the top competitors of Scondoo?
Scondoo's top competitors include Savings United, Kunden-App and Kuponjo.
Who are Scondoo's investors?
Scondoo has 5 investors. Key investors include CheckoutSmart, Heilemann Ventures, Point Nine, Rouven Dresselhaus, and Cologne Invest.
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