LivingSocial
AcquiredDeals Up to 80% Off: Travel, Events, Dining, Products.
Washington, United States · Founded 2007 · $933.0M raised
- Headquarters
- Washington, District of Columbia
- Employees
- 501–1000
- Founded
- 2007
- Business Model
- B2C
- Website
- livingsocial.com
- Total Funding
- $933.0M
- Last Round
- $110.0M Venture RoundFeb 2013
- Rounds
- 8
- Acquisition Date
- Oct 2016
About
LivingSocial is an online marketplace founded in 2007 as Hungry Machine by four employees from Revolution Health Group. The company offered daily deals and local experiences — including dining, travel, events, and entertainment — to consumers at discounts of up to 80%. At its peak in 2011, LivingSocial had approximately 70 million members worldwide and 4,500 employees, and was valued at roughly $6 billion. It raised over $930 million in funding, with Amazon as a major backer. After the daily deals market declined, the company shrank significantly and was ultimately acquired by Groupon in 2016.
Summary
LivingSocial is an E-Commerce company based in Washington, United States, founded in 2007. It has raised $933.0M in total across 8 rounds, most recently a $110.0M Venture Round round in Feb 2013. Investors include US Venture Partners, Amazon and Tiger Global.
Tech & App Stack
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Funding History
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Oct 2016
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Investors
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