Overview

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Status
Acquired by on January 29, 2015
Total Equity Funding
$1M in 1 Round from 14 Investors
Headquarters:
Philadelphia, PA
Description:
SnipSnap is a mobile coupon app that allows users to photograph a physical coupon in order to find a mobile coupon.
Founders:
Categories:
iOS, Mobile, Coupons
Website:
http://snipsnap.it
Social:

Company Details

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SnipSnap allows anyone to convert a printed coupon into a digital, mobile format, which they can easily search and retrieve on their smartphone. All a user needs to do is snap a picture of the offer (be it from a newspaper insert, direct-mail piece, or otherwise) and the app works its magic to scan all of the printed text and images. Once scanned, a user can not only redeem, but also get expiration-date notifications and in-store reminders.

Ted Mann left Gannett (Ted was Digital Development Director for the 6 NJ newspapers) to found SnipSnap and build the company after being accepted into the DreamIt Ventures accelerator program. Kostas Nasis was formerly CTO for a mobile development firm, Amphetamobile, and Kyle Martin was a Senior Multimedia Designer at QVC.

Funding Rounds (3) - $2.85M

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DateAmount / RoundValuationLead InvestorInvestors
Dec, 2013$460k / Debt Financing0
Mar, 2013$1.39M / Debt Financing0
May, 2012$1M / Angel14

Current Team (7)

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Board Members and Advisors (3)

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Products (1)

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  • GoodFor allows users to create personalized coupons.

Competitors (2)

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  • Cellfire is a provider of digital coupons in the U.S., offering easy client access to retailers and brands.
  • Coupons.com is a provider of digital coupons including online printable, coupon codes, save to loyalty card and mobile promotions.

Offices/Locations (1)

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  • Headquarters

    400 N. Broad St.

    c/o Project Liberty Incubator

    Philadelphia, PA 19130

    USA

Past Team (3)

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Images (5)

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