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SavingStar

Description

Operator of an online grocery rewards platform designed to offer cash back at supermarkets. The company's online grocery rewards platform links deals to groceries and drug store loyalty cards without the need to clip or print paper coupons, enabling shoppers shop local grocery and get cash back on their favorite brands and produce items.

PRIVATE

Status

51-200

Employees

Later Stage VC

Latest Deal Type

$1.37M

Latest Deal Amount

$33.7M

Total Amount Raised

14

Investors

Description

Operator of an online grocery rewards platform designed to offer cash back at supermarkets. The company's online grocery rewards platform links deals to groceries and drug store loyalty cards without the need to clip or print paper coupons, enabling shoppers shop local grocery and get cash back on their favorite brands and produce items.

Website:

www.savingstar.com

Formerly Known As

SaveWave

Ownership Status

Privately Held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Food Products

Other Industries

Household Products
Internet Retail
Vertical Market Software

Primary Office

400 Totten Pond Road Suite 300 Waltham, MA 02451United States +1 (800) 618-3893
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SavingStar Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

SavingStar Cap Table

Stock# of Shares
Authorized
Par ValueDividend Rate (%)Original
Issue Price
LiquidationLiquidation
Pref. Multiple
Conversion
Price
% Owned

SavingStar Investors (14)

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Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
American Express VenturesCorporate Venture CapitalMinority000 0000000 0000
Angus DavisAngel (individual)Minority000 0000000 0000
Commerce VenturesVenture CapitalMinority000 0000000 0000
DCM VenturesVenture CapitalMinority000 0000000 0000
Edenred UKCorporationMinority000 0000000 0000
American Express Ventures Corporate Venture Capital
Angus Davis Angel (individual)
Commerce Ventures Venture Capital
DCM Ventures Venture Capital
Edenred UK Corporation

SavingStar Executive Team (11)

NameTitleBoard
Seat
Contact
Info
David RochonCo-Founder, Chief Executive Officer & Board Member
Michael LibensonCo-Founder, President & Board Member
Thomas MurrayExecutive Vice President, Sales & Customer Development
Neal KarasicSenior Vice President, Product and Technology
Josh GrossmanVice President, Acquisition Marketing
David Rochon Co-Founder, Chief Executive Officer & Board Member
Michael Libenson Co-Founder, President & Board Member
Thomas Murray Executive Vice President, Sales & Customer Development
Neal Karasic Senior Vice President, Product and Technology
Josh Grossman Vice President, Acquisition Marketing

SavingStar Board Members (5)

NameRepresentingRoleSinceContact
Info
Jeffrey BussgangFlybridge Capital PartnersGeneral Partner000 0000
Kyle LuiDCM VenturesPrincipal000 0000
Michael GoodmanSavingStarBoard Member000 0000
Roger EhrenbergIA VenturesFounder & Managing Partner000 0000
Tom BlaisdellDCM VenturesGeneral Partner000 0000
Jeffrey Bussgang General Partner Flybridge Capital Partners
Kyle Lui Principal DCM Ventures
Michael Goodman Board Member SavingStar
Roger Ehrenberg Founder & Managing Partner IA Ventures
Tom Blaisdell General Partner DCM Ventures
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