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
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
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 in Feb 2013. Investors include US Venture Partners, Amazon and Tiger Global.
Tech & App Stack
9 technologies & apps tracked
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Funding & Exit History
Oct 2016
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Funding: Seed through Venture Round. Amounts, valuations, and investors where available.
Investors
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