LivingSocial

Acquired

Deals Up to 80% Off: Travel, Events, Dining, Products.

Washington, United States · Founded 2007 · $933.0M raised

Employees
501–1000
Founded
2007
Business Model
B2C
Total Funding
$933.0M
Last Round
$110.0M Venture RoundFeb 2013
Rounds
8

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

7 technologies & apps tracked

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Funding History

AcquisitionAcquisition by GrouponOct 2016

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Investors

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