About ShopSavvy
ShopSavvy is a company based in Vancouver (Canada) founded in 2008 was acquired by Purch in December 2015.. ShopSavvy has raised $7.75 million across 3 funding rounds from investors including Future, Architel and Brad Martineau. ShopSavvy offers products and services including ShopSavvy App, Browser Extension, and Price Alerts. ShopSavvy operates in a competitive market with competitors including ReviewZAP, Yroo and TinyMassive Technologies, among others.
- Headquarter Vancouver, Canada
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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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- Legal Name Monolith Technologies, Inc.
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Products & Services of ShopSavvy
ShopSavvy offers a comprehensive portfolio of products and services, including ShopSavvy App, Browser Extension, and Price Alerts. 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.
App for comparing prices and tracking deals across retailers.
Extension to monitor price changes on online shopping sites.
Feature for instant alerts on price drops and deals.
Funding Insights of ShopSavvy
ShopSavvy has successfully raised a total of $7.75M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $7.05 million completed in November 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 3
- Last Round Series A — $7.0M
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First Round
First Round
(17 Sep 2008)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2011 | Amount | Series A - ShopSavvy | Valuation |
investors |
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| Sep, 2008 | Amount | Seed - ShopSavvy | Valuation |
investors |
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| Sep, 2008 | Amount | Grant - ShopSavvy | 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 ShopSavvy
ShopSavvy has secured backing from 6 investors, including angel and institutional investors. Prominent investors backing the company include Future, Architel and Brad Martineau. 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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Network operating, website maintenance, and operation support services are provided.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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BM
Brad Martineau |
Angel investor, entrepreneur, and coach focused on SaaS and 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 ShopSavvy
| 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 - ShopSavvy
| 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 |
Shopsavvy Comparisons
Competitors of ShopSavvy
ShopSavvy 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 ReviewZAP, Yroo and TinyMassive 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 |
Data-driven product reviews and comparisons are provided for diverse sectors.
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| domain | founded_year | HQ Location |
Functions as a search engine for discovering products, stores, and promotions.
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| domain | founded_year | HQ Location |
Operates an online platform for price comparison.
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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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Latest news on Shopsavvy
Frequently Asked Questions about ShopSavvy
When was ShopSavvy founded?
ShopSavvy was founded in 2008.
Where is ShopSavvy located?
ShopSavvy is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Is ShopSavvy a funded company?
ShopSavvy is a funded company, having raised a total of $7.75M across 3 funding rounds to date. The company's 1st funding round was a Grant of $275K, raised on Sep 17, 2008.
What does ShopSavvy do?
ShopSavvy was established in 2008 in Vancouver, Canada, as a mobile application in the e-commerce sector. Barcode scanning is utilized as the main method to compare prices and availability from local and online retailers. Development began on Android after recognition in Googles 2008 Developer Challenge. Capabilities were expanded through the acquisition of Textbook Trader, enabling access to live inventory data. Targeted mobile advertising services are offered to retailers and brands.
Who are the top competitors of ShopSavvy?
ShopSavvy's top competitors include ReviewZAP, Yroo and TinyMassive Technologies.
What products or services does ShopSavvy offer?
ShopSavvy offers ShopSavvy App, Browser Extension, and Price Alerts.
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