About Shopkick
Shopkick is a company based in Redwood City (United States) founded in 2009 was acquired by Trax in June 2019.. Shopkick has raised $20 million across 2 funding rounds from investors including SK Telecom, Trax and Kleiner Perkins. Shopkick offers products and services including Shopkick App and Shopkick for Business. Shopkick operates in a competitive market with competitors including Ibotta, LivingSocial, 360insights, Mobee and PDI Technologies, among others.
- Headquarter Redwood City, United States
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Sectors
RetailTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Shopkick, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$20 M (USD)
in 2 rounds
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Latest Funding Round
$15 M (USD), Series B
Jul 14, 2010
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Investors
SK Telecom
& 5 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Shopkick
Shopkick offers a comprehensive portfolio of products and services, including Shopkick App and Shopkick for Business. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Mobile app for earning rewards through product scanning and online shopping activities.
Service for businesses to integrate rewards programs and engage customers.
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Funding Insights of Shopkick
Shopkick has successfully raised a total of $20M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in July 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 Total Funding
- Total Rounds 2
- Last Round Series B — $15.0M
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First Round
First Round
(01 Jun 2009)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2010 | Amount | Series B - Shopkick | Valuation | Greylock | |
| Jun, 2009 | Amount | Series A - Shopkick | 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 Shopkick
Shopkick has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include SK Telecom, Trax and Kleiner Perkins. 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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Venture capital firm specializing in early-stage tech investments and founder support.
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Founded Year | Domain | Location | |
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Early-stage investments are provided to transformative technology companies.
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Founded Year | Domain | Location | |
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Venture capital firm investing in early-stage tech startups
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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 Shopkick
| 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 - Shopkick
| 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 |
Shopkick Comparisons
Competitors of Shopkick
Shopkick 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 Ibotta, LivingSocial, 360insights, Mobee and PDI Technologies, 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 |
Cashback is provided on multi-category product purchases via mobile app.
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| domain | founded_year | HQ Location |
Daily deals on local experiences and products are offered online.
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| domain | founded_year | HQ Location |
SaaS platform for channel loyalty and incentive management is provided.
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| domain | founded_year | HQ Location |
Rewards and cashback are delivered through a mobile app platform.
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| domain | founded_year | HQ Location |
Analytics software solutions are provided to brands and retailers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Shopkick
Frequently Asked Questions about Shopkick
When was Shopkick founded?
Shopkick was founded in 2009.
Where is Shopkick located?
Shopkick is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.
Is Shopkick a funded company?
Shopkick is a funded company, having raised a total of $20M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Jun 01, 2009.
What does Shopkick do?
Shopkick was founded in 2009 in Redwood City, United States, as a mobile-app platform in the retail rewards sector. Location-based technology is utilized to confirm user presence in stores, enabling rewards for visits and shopping assistance. Partnerships with retailers such as Target, Macys, and Best Buy support operations across thousands of stores and malls nationwide. The company was acquired by SK Telecom in 2014 for 200 million.
Who are the top competitors of Shopkick?
Shopkick's top competitors include Ibotta, LivingSocial and Mobee.
What products or services does Shopkick offer?
Shopkick offers Shopkick App and Shopkick for Business.
Who are Shopkick's investors?
Shopkick has 6 investors. Key investors include SK Telecom, Trax, Kleiner Perkins, Greylock Partners, and SV Angel.
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