StageSeries A | Dead
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.
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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.
Latest Offermatic News
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
Offermatic Frequently Asked Questions (FAQ)
Where is Offermatic's headquarters?
Offermatic's headquarters is located at 440 N. Wolfe Road, Sunnyvale.
What is Offermatic's latest funding round?
Offermatic's latest funding round is Series A.
How much did Offermatic raise?
Offermatic raised a total of $5.25M.
Who are the investors of Offermatic?
Investors of Offermatic include Kleiner Perkins Caufield & Byers, SV Angel, Omar Hamoui and Bessemer Venture Partners.
Who are Offermatic's competitors?
Competitors of Offermatic include Cardlytics and 4 more.
Compare Offermatic to Competitors
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