About SnipSnap
SnipSnap is a company based in Philadelphia (United States) founded in 2011 was acquired by Slyce in January 2015. SnipSnap has raised $2.5 million across 5 funding rounds from investors including Ben Franklin Technology Partners, Slyce and Ben Franklin Technology Partners. SnipSnap operates in a competitive market with competitors including Slickdeals, The Dealmap, HotUKDeals, CoupRecoup and CouponSlasher, among others.
- Headquarter Philadelphia, United States
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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 Snipsnap App Ltd Liability Co
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$2.5 M (USD)
in 5 rounds
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Latest Funding Round
$460 K (USD), Seed
Dec 23, 2013
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Investors
Ben Franklin Technology Partners
& 5 more
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Employee Count
Not available
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Acquired by
Slyce
(Jan 29, 2015)
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Funding Insights of SnipSnap
SnipSnap has successfully raised a total of $2.5M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $460 thousand completed in December 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.
Investors in SnipSnap
SnipSnap has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Ben Franklin Technology Partners, Slyce and Ben Franklin Technology Partners.
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Technology ecosystem growth is supported in Southeastern Pennsylvania.
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Investment and support are provided for Pennsylvania's tech-based companies.
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Startup accelerator
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Investor details for SnipSnap
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Investments & Acquisitions by SnipSnap
Investment portfolio details for SnipSnap
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Financial Statements - SnipSnap
Detailed financials for SnipSnap
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Snipsnap Comparisons
Peer comparison for SnipSnap
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Competitors of SnipSnap
SnipSnap 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 Slickdeals, The Dealmap, HotUKDeals, CoupRecoup and CouponSlasher, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Coupons and deals are crowdsourced for online and offline purchases.
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Local deals aggregator
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Operates a crowdsourced website offering coupons and deals to help consumers save on purchases.
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Operates a peer-to-peer marketplace for coupons and deals.
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Website offering coupons, discounts, and vouchers for consumer shopping needs.
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Detailed competitors of SnipSnap
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Latest news on Snipsnap
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Frequently Asked Questions about SnipSnap
SnipSnap was founded in 2011.
SnipSnap is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
SnipSnap is a funded company, having raised a total of $2.5M across 5 funding rounds to date.
SnipSnap is a mobile coupon app that crowdsources coupons and deals, instead of aggregating from affiliate providers. Mobile consumers contribute to SnipSnaps database of coupons by snapping photos of printed coupons using their smartphones camera. The app then recognizes the text and images on the coupon, and makes it available to other users to discover in the app or surface via search. SnipSnap works with coupons for most major retailers and restaurants, but not grocery store coupons. Has 4 million users on iOS and Android in first 2 years and 100 million coupons used and 200 million saved. They also power mobile couponing systems for over 50 national retailers including Bed, Bath Beyond, Toys R Us, Party City, Rite Aid, Lord Taylor and others. They also provide white label solution lets retailers use SnipSnap to create all their coupons for their websites, mobile apps, SMS and email. SnipSnap won a MediaPost Appy award for the Best Finance App of 2013, and the award for Best Shopping App of 2013 by About.com.
SnipSnap's top competitors include Slickdeals, The Dealmap and YPayFull.
SnipSnap has 6 investors. Key investors include Ben Franklin Technology Partners, Slyce, Ben Franklin Technology Partners, Michael Rubin, and Chris Saridakis.