Total amount raised
$1.4 Billion
Latest funding date
12/1/2019
Location
Groupon has successfully raised funding over 9 rounds, with the latest being a Post-IPO Debt round. The company is backed by 24 investors, including MIG Capital and RTP Global.
Groupon has also made 8 investments and acquired 43 organizations, showcasing its active role in the market. Keep reading to explore the intricacies of Groupon's fundraising journey and the investors backing this innovative platform.
What Is Groupon?
Groupon, headquartered in Chicago, Illinois, is a prominent player in the e-commerce industry, particularly known for its deal-of-the-day offerings. The company operates in various sectors, including retail, social media, and internet services.
Founded in 2008, Groupon has grown significantly, employing between 1001 and 5000 people. The platform connects consumers with local merchants, providing discounted gift certificates usable at both local and national companies.
Groupon's extensive range of deals spans categories such as beauty, travel, food, and home services, making it a versatile platform for consumers seeking savings on a wide array of products and experiences.
How Much Funding Has Groupon Raised?
- Round Name: Angel
- Amount Raised: USD 1,000,000
- Date: January 2007
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To kickstart the company's operations and initial growth.
- Round Name: Series A
- Amount Raised: USD 4,800,000
- Date: January 2008
- Lead Investors: New Enterprise Associates
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the platform and increase market reach.
- Round Name: Series B
- Amount Raised: USD 30,000,000
- Date: December 2009
- Lead Investors: Accel
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enhance technological infrastructure.
- Round Name: Series C
- Amount Raised: USD 135,000,000
- Date: April 2010
- Lead Investors: DST Global
- Valuation at Round: USD 1,350,000,000
- Motivation Behind the Round: To support global expansion and provide liquidity for employees and early investors.
- Round Name: Series D
- Amount Raised: USD 950,000,000
- Date: January 2011
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further accelerate growth and market penetration.
- Round Name: Series Unknown
- Amount Raised: USD 16,200,000
- Date: February 2011
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To continue expanding the platform's offerings and reach.
- Round Name: Post-IPO Equity
- Amount Raised: USD 250,000,000
- Date: April 2016
- Lead Investors: Atairos
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To strengthen the company's financial position and support strategic initiatives.
- Round Name: Post-IPO Equity
- Amount Raised: Not publicly disclosed
- Date: December 2019
- Lead Investors: MIG Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance operational capabilities and drive growth.
- Round Name: Post-IPO Debt
- Amount Raised: USD 244,000,000
- Date: June 2025
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To refinance existing debt and support long-term financial stability.
Total Amount Raised: USD 1,630,000,000. Current Valuation: Not publicly disclosed.
Key Investors
- MIG Capital
- Details: MIG Capital is a private investment firm that focuses on long-term investments in public and private companies. They are known for their strategic approach to value creation.
- Investment Focus Areas: Technology, healthcare, consumer goods
- Notable Investments: Not publicly disclosed
- Atairos
- Details: Atairos is an independent private company focused on supporting growth-oriented businesses. They partner with management teams to provide strategic and operational support.
- Investment Focus Areas: Media, telecommunications, technology
- Notable Investments: Comcast, Bowlero, Learfield
- DST Global
- Details: DST Global is a leading global Internet investment group. They are the largest Internet company in the Russian-speaking and Eastern European markets.
- Investment Focus Areas: Internet, social networking, community-based activities
- Notable Investments: Facebook, Zynga
- Accel
- Details: Accel is a venture capital firm that partners with exceptional founders with unique insights. They have a long history of investing in technology companies.
- Investment Focus Areas: Technology, internet, software
- Notable Investments: Facebook, Dropbox, Slack
- New Enterprise Associates
- Details: New Enterprise Associates (NEA) is a global venture capital firm focused on helping entrepreneurs build transformational businesses across multiple stages and sectors.
- Investment Focus Areas: Technology, healthcare, energy
- Notable Investments: Robinhood, Coursera, Duolingo
What's Next for Groupon?
Groupon's future is brimming with opportunities, particularly in global expansion and diversifying its deal offerings. With plans to enter 100 cities by the end of 2010, the company is poised to tap into new markets and broaden its customer base. The $135 million investment round led by DST Global underscores the significant financial backing Groupon has for this ambitious growth.
Future fundraising opportunities seem promising, given the strong support from major investors like DST and Battery Ventures. This financial muscle will likely enable Groupon to pursue additional rounds of funding to fuel further expansion and innovation. However, the company must navigate challenges such as maintaining deal quality and managing rapid growth to ensure consistent service across new markets.
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