Predict your next investment

Corporation
FINANCIAL | Payments (non-internet/mobile)
offermatic.com

See what CB Insights has to offer

Stage

Series A | Dead

Total Raised

$5.25M

Last Raised

$4.5M

About Offermatic

Offermatic analyzes credit card purchases and pairs special offers based on the things Customer like t o buy.Offermatic brings to market a new model that ch anges how consumers save money, and how merchants acquire and retain customers. For consume rs, Offermatic provides a simple and powerful way to save money automatically through their existing credit or debit card -- without the need for coupon s, codes, and vouchers. For merchants, Offermatic enab les permission-based targeting of consumers based on their actual spending history the spending gra ph.

Offermatic Headquarter Location

440 N. Wolfe Road

Sunnyvale, California, 94085,

United States

650-248-5746

Latest Offermatic News

Offermatic Raises $4.5 Million From Kleiner Perkins And Top Notch Angel Investors

Mar 9, 2011

Posted Offermatic , which we dubbed the freak love child of Blippy, Groupon and Mint early on, has secured $4.5 million in funding in a Series A round led by early backer Kleiner Perkins Caufield & Byers . A group of Silicon Valley investors, including Ron Conway , former AdMob CEO Omar Hamoui and early execs from Facebook and Mint.com, also participated in the round. Hamoui will also join Offermatic’s board of directors. The additional capital will be used to hire more people and expand its services for consumers and retailers, Offermatic says. Launched in beta last December, Offermatic basically delivers personalized savings to consumers based on their spending history. By linking existing credit and debit cards to an Offermatic account, people receive automatic discount offers on products and services, without the hassle of redeeming coupons or vouchers. The company says, combined with offering one-click automatic rebates, the conversion rate among beta users has been 15 percent or more, which it says is 15 to 30 times higher than the average for online coupons. 0

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Offermatic

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Offermatic is included in 1 Expert Collection, including Fintech.

F

Fintech

7,165 items

US-based companies

Offermatic Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Offermatic Rank

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.