Tech Company Financing Transactions

Offermatic Funding Round

On 3/9/2011, Offermatic landed $4.5 million in Series A funding from Kleiner Perkins Caufield & Byers, private investors and SV Angel.

Transaction Overview

Company Name
Announced On
3/9/2011
Transaction Type
Venture Equity
Amount
$4,500,000
Round
Series A
Investors

Kleiner Perkins Caufield & Byers (Lead Investor) (Aileen Lee)

SV Angel

Proceeds Purpose
This new round of funding will be used to build Offermatic's team and expand its services for consumers and retailers.

Company Information

Company Status
Out of Business
Industry
Internet & IoT
Mailing Address
111 E. 5th St.
San Mateo, CA 94041
USA
Phone
Undisclosed
Email Address
Overview
Offermatic is a free online service that automatically saves people money on everyday purchases. Based on personal spending history, Offermatic delivers consumers high-value, tailored savings without the hassle of coupons or vouchers.
Profile
Offermatic LinkedIn Company Profile
Social Media
Offermatic Company Twitter Account
Company News
Offermatic News
Facebook
Offermatic on Facebook
YouTube
Offermatic on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Faisal Qureshi
  Faisal Qureshi LinkedIn Profile  Faisal Qureshi Twitter Account  Faisal Qureshi News  Faisal Qureshi on Facebook
VP - Marketing
Arnaud Collin
  Arnaud Collin LinkedIn Profile  Arnaud Collin Twitter Account  Arnaud Collin News  Arnaud Collin on Facebook
VP - Sales
Tim Welch
  Tim Welch LinkedIn Profile  Tim Welch Twitter Account  Tim Welch News  Tim Welch on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/9/2011: Tier 3 venture capital transaction
Next: 3/9/2011: Alta Devices venture capital transaction

 

Share this article

 


About Our VC Transactions Data

We do our best to document every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary