SnipSnap

DreamIT Ventures // DreamIT Ventures - Philadelphia 09/01/11 starting 2011-09-01


Key notes: SnipSnap is a mobile coupon app that allows users to photograph a physical coupon in order to find a mobile coupon.

Office address: 400 N. Broad St., c/o Project Liberty Incubator, Philadelphia, Pennsylvania, United States

Description: 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.

View details on Crunchbase:

http://www.crunchbase.com/organization/snipsnap-app

$ 2,845,000 over 3 funding rounds.

Exit value: $ 6,500,000

Seed-DB Exit data:

Exit value = $ 6,500,000. (Confidence = H )

Angellist Page:

https://angel.co/snipsnap


Funding Rounds

Date Name $ Invested Crunchbase link
2013-03-26 debt_financing $ 1,385,000 Detailed data
2012-05-11 angel $ 1,000,000 Detailed data
2013-12-23 debt_financing $ 460,000 Detailed data

Investors

Round Date Round Name Investor Crunchbase Link
2012-05-11 angel Chris Saridakis Investor Profile
2012-05-11 angel Anish Monga Investor Profile
2012-05-11 angel DreamIt Ventures Investor Profile
2012-05-11 angel Knight Foundation Investor Profile
2012-05-11 angel MentorTech Ventures Investor Profile
2012-05-11 angel David Hehman Investor Profile
2012-05-11 angel Howard Topol Investor Profile
2012-05-11 angel Peter Mann Investor Profile
2012-05-11 angel Pete Albert Investor Profile
2012-05-11 angel Jules Gardner Investor Profile
2012-05-11 angel Greg Arrese Investor Profile
2012-05-11 angel Sean McDade Investor Profile
2012-05-11 angel Chad Byers Investor Profile
2012-05-11 angel Ben Franklin Technology Partners of Southeastern Pennsylvania Investor Profile
2012-05-11 angel Michael Rubin Investor Profile
2012-05-11 angel Trent Gegax Investor Profile


Contact Jed if you have updated information for SnipSnap

To update the information on funding or number of employees, please do that directly on Crunchbase.


Created: 15-May-2012, 00:34

Last Crunchbase update: 29-Jun-2019, 05:05

Last modified: 06-Mar-2021, 05:05

Country: USA