About ShopSavvy
ShopSavvy is a Retail company based in Vancouver (Canada) founded in 2008, and was acquired by Purch in December 2015. Barcodes are scanned via ShopSavvy app for retailer price comparisons. ShopSavvy has raised $7.75 million across 3 funding rounds from investors including Future, Architel and Brad Martineau. Its website shopsavvy.com draws about 116 thousand monthly visits. ShopSavvy offers products and services including ShopSavvy App, Browser Extension, and Price Alerts. Its focus areas include Horizontal E-Commerce and Price Comparison. Its legal entity is Monolith Technologies, Inc. Its competitors include ReviewZAP, Yroo and TinyMassive Technologies; 2 of its 3 listed competitors have raised funding.
Company details
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.
Products & Services of ShopSavvy
ShopSavvy offers a comprehensive portfolio of products and services, including ShopSavvy App, Browser Extension, and Price Alerts.
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.
Apps and channels of ShopSavvy
ShopSavvy publishes 2 mobile apps with over 10M+ downloads.
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 $7.75M
- Total Rounds 3
- Last Round Series A — $7.05M
- First Round $275,000
(Sep 2008)
- Investors Count 5
All 3 funding rounds of ShopSavvy 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 |
|---|---|---|---|---|---|
| Nov 2011 | $7.05M | Series A | – | – | |
| Sep 2008 | $700,000 | Seed | – | – | |
| Sep 2008 | $275,000 | Grant | – | – |
6 investors in total: 3 institutional and 3 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Network operating, website maintenance, and operation support services are provided. | 2003 | architel.com | Dallas, United States | |
BM Brad Martineau | Angel investor, entrepreneur, and coach focused on SaaS and tech startups. | unknown_e6ac0cabc85d437c9 | ||
JB James Bailey | unknown_10fa52162d4a495ab | |||
ES Eduardo Saverin | unknown_b2c07569fc4e426c9 | |||
Future is recognized as a global leader in specialist media content. | 2003 | purch.com | Ogden, United States |
Investor details for ShopSavvy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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- Investor portfolios
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Timeline of ShopSavvy
4 dated milestones of ShopSavvy across 7 years, from founding to its latest funding, stage changes and deals.
- Founded ShopSavvy is founded.
- Funding First funding round of $275K.
- Funding Latest funding round, Series A, of $7.0M.
- Exit Acquired by Purch.
Competitors of ShopSavvy
ShopSavvy has 3 listed competitors in our database, 2 of them funded. They include ReviewZAP, Yroo and TinyMassive Technologies.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| reviewzap.com | 2013 | Toronto, Canada | $60,000 | Data-driven product reviews and comparisons are provided for diverse sectors. | ||
| yroo.com | 2014 | Toronto, Canada | $11M | Functions as a search engine for discovering products, stores, and promotions. | ||
| tinymassive.com | 2007 | Vancouver, Canada | Operates an online platform for price comparison. |
Detailed competitors of ShopSavvy
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of ShopSavvy
The website of ShopSavvy (shopsavvy.com) receives about 116.5K visits a month.
- Monthly visits116.5K
▲ 1% vs previous month
Websites whose visitors overlap most with ShopSavvy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| amazon.com | 100% | 2.7B | #9 | View details | |
kmart.com | kmart.com | 96% | #99,441 | – | |
| walmart.com | 94% | 500.4M | #69 | View details | |
| ebay.com | 88% | 666.1M | #42 | View details | |
| drop.com | 79% | 848.1K | #53,283 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 22 similar websites and full traffic analytics for ShopSavvy
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- 22 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Shopsavvy
Complete news archive for ShopSavvy
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Frequently Asked Questions about ShopSavvy
ShopSavvy was founded in 2008.
ShopSavvy is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
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 2008.
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.
ShopSavvy's top competitors include ReviewZAP, Yroo and TinyMassive Technologies.
ShopSavvy offers ShopSavvy App, Browser Extension, and Price Alerts.
ShopSavvy operates through Monolith Technologies, Inc..
Yes. ShopSavvy was acquired by Purch in December 2015.
Yes. ShopSavvy publishes QR Code Reader & Code Scanner and 1 more app, with over 10 million downloads.
The website of ShopSavvy receives about 116 thousand visits a month.