Tech Company Financing Transactions
Groupon Funding Round
Groupon, operating out of Chicago, secured $30 million from Accel Partners.
Transaction Overview
Company Name
Announced On
12/2/2009
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Undisclosed
Investors
Accel Partners (Kevin Efrusy)
Proceeds Purpose
"We're proud of the positive impact Groupon is having on consumers and business owners," said Groupon founder and CEO Andrew Mason. "Groupon is pioneering a new category, and we believe adding Accel's experience partnering with digital and social media companies together with NEA's depth in the area will help us reach our full potential."
Company Information
Company Status
Publicly-held
Industry
Internet & IoT
Mailing Address
600 West Chicago Ave. 620
Chicago, IL 60654
USA
Chicago, IL 60654
USA
Phone
Website
Email Address
Not Recorded
Overview
Deals and Coupons from 50-90% off on Restaurants, Fitness, Travel, Shopping, Beauty, Spas, Holiday Gifts and more
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Eric Lefkofsky
Chief Executive Officer
Rich Williams
Chief Financial Officer
Jason Child
Co-Founder
Bradley Keywell
Browse more venture capital transactions:
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Next: 12/2/2009: Lanyon venture capital transaction
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Where The Data Comes From
We record every notable VC transaction. VC transactions reported here are derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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