About SnapSaves
SnapSaves is a Retail company based in Toronto (Canada) founded in 2012, and was acquired by Groupon in June 2014. Cash back on groceries. The company was acqui-hired. Its focus areas include Food and Agriculture Tech, Online Grocery, Shopping Assistant and Loyalty.
Company details
SnapSaves was founded in 2012 in Toronto, Canada, as a mobile rebate app in the consumer savings sector. Users are enabled to earn cash back on grocery purchases by uploading receipt photos of featured products bought at any retailer. Rebates are accumulated until reaching 20 for payout. Revenue is generated via pay-per-performance commissions from partners. The service was acquired by Groupon in June 2014 and has exceeded 500,000 app downloads.
- Headquarters Toronto, Canada
- Stage Acquired
- SectorsRetail
- Website snapsaves.com
- Social LinkedIn X Facebook
- Acquired by Groupon (Jun 2014)
Investors in SnapSaves
SnapSaves has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Groupon.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Online marketplace offering deals on multi-category products and services | 2007 | groupon.com | Chicago, United States |
Investor details for SnapSaves
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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Timeline of SnapSaves
2 dated milestones of SnapSaves across 2 years, from founding to its latest funding, stage changes and deals.
- Founded SnapSaves is founded.
- Exit Acquired by Groupon.
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Frequently Asked Questions about SnapSaves
SnapSaves was founded in 2012.
SnapSaves is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
SnapSaves was founded in 2012 in Toronto, Canada, as a mobile rebate app in the consumer savings sector. Users are enabled to earn cash back on grocery purchases by uploading receipt photos of featured products bought at any retailer. Rebates are accumulated until reaching 20 for payout. Revenue is generated via pay-per-performance commissions from partners. The service was acquired by Groupon in June 2014 and has exceeded 500,000 app downloads.
SnapSaves has 1 investor. Key investors include Groupon.
Yes. SnapSaves was acquired by Groupon in June 2014.