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Savings.com

Savings.com

Savings.com is a Santa Monica, California-based company founded in 2007 by Joe Zulli, Marcus Flemming, Loren Bendele, Phil Del Rivo and Robert Cornejo.

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Contents

savings.com
Is a
Company
Company
Organization
Organization

Company attributes

Industry
Shopping
Shopping
Coupon
Coupon
E-commerce
E-commerce
0
Retail
Retail
0
Location
Los Angeles
Los Angeles
Santa Monica, California
Santa Monica, California
B2X
B2B
B2B
B2C
B2C
0
Founder
Phil Del Rivo
Phil Del Rivo
‌
Robert Cornejo (entrepreneur)
Loren Bendele
Loren Bendele
Joe Zulli
Joe Zulli
Marcus Flemming
Marcus Flemming
AngelList URL
angel.co/savings-com
Pitchbook URL
pitchbook.com/profiles.../52843-24
Number of Employees (Ranges)
11 – 50
Number of Employees
310
Investors
USVP
USVP
0
Founded Date
2007
0
Total Funding Amount (USD)
4,800,000
Latest Funding Round Date
October 3, 2008
Glassdoor ID
437117
Latest Funding Type
Series B
Series B
Wellfound ID
savings-com
Country
United States
United States
Headquarters
Santa Monica, California
Santa Monica, California

Other attributes

Blog
savings.com/blog/blog.html
Company Operating Status
Active
Wikidata ID
Q7428304

Savings.com is a website that offers coupons and promotional savings, known as "deals," redeemable at nationally recognized merchant web sites and stores. Savings.com sources much of its content from the stores they are affiliated with, members, and their own internal team. Savings.com is headquartered in Los Angeles, California.

At the time of its purchase in 2003, the savings.com domain sold for $1.9 million and ranked among the top 40 most expensive domains ever sold. The company originally functioned as a lead generation resource in 2004. Savings.com relaunched in 2007, founded by Loren Bendele, Marcus Flemming, Tom Kuljis and Joe Zulli, and to exclusively offer online and offline coupons.

In 2009, Savings.com launched a sister site branded as Savoo.co.uk to serve the voucher code market in the United Kingdom. In 2012, Savoo expanded operations to Germany. Savoo serves 10 markets, including the United Kingdom, Germany, France, Spain, Italy, Netherlands, Australia, Canada, Brazil, and Mexico.

In June 2012, Cox Target Media announced the acquisition of Savings.com, Savoo.co.uk and Savoo.de for more than $100 million with additional payments over the coming years.Savings.com expanded into grocery in October 2013, launching Favado, a mobile grocery savings app. In 2015, Savings.com partnered with the technology company Inmar, Inc. to expand its ability to promote consumer packaged goods (CPG) offers.In November 2014, Savings.com released PriceJump, a price comparison tool.The global investment firm Platinum Equity acquired the Savings.com and Savoo businesses from Cox Media Group in January 2017.

Centerfield, also owned by Platinum Equity, announced the acquisition of Savings.com in February 2021.

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