What is Price Technologies?
Price.com is a comprehensive platform designed to empower consumers by facilitating savings through a combination of cash back offers, digital coupons, and robust price comparison tools across an extensive network of over 100,000 brands. The service enables users to earn cash back on a wide array of purchases, including travel, groceries, and dining, while also providing real-time alerts for localized deals. Furthermore, Price.com enhances the shopping experience with curated shopping guides and offers flexible payment options for cash-out transactions. The company's core mission is to foster informed purchasing decisions and safeguard user privacy in the digital marketplace.
How much funding has Price Technologies raised?
Price Technologies has raised a total of $10M across 1 funding round:
Angel/Seed
$10M
Angel/Seed (2021): $10M with participation from Dick Costolo, Social Capital, Michael Vaughan, Jonathan Weiner, Vanja Josifovski, Jure Leskovec, Larry O'Connor, Richard Socher, Ricky Caplin, Lacey Edwards, Noah Beck, Founders Fund, Josh Richards, Baron Davis, Bryce Hall, and Griffin Johnson
Key Investors in Price Technologies
Social Capital
Social Capital is an investment firm focused on advancing humanity by solving the world's hardest problems, often by empowering entrepreneurs and investing in companies that aim to improve lives globally.
Founders Fund
Founders Fund is a venture capital firm that invests in companies across all stages and sectors, known for its founder-friendly approach and backing of significant technology ventures.
Rising Stars of America
Rising Stars of America, founded by Baron Davis, is a non-profit organization that uses athletics to teach ethical values and life skills to youth through mentorship and positive role modeling.
What's next for Price Technologies?
The recent major strategic investment positions Price Technologies for accelerated growth and market expansion. This capital infusion is expected to fuel advancements in platform technology, enhance user acquisition strategies, and potentially broaden the scope of services offered. With a focus on optimizing the consumer's path to savings, Price Technologies is poised to further solidify its market position as a leader in the e-commerce savings sector, leveraging this strategic backing to innovate and scale its operations.
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