United States · Information technology & services startup

Offermatic

Offermatic is a young upstart looking to change how promotional marketing is done.

Funding reportedLast round: Series A

Information technology & servicesSan Mateo, United States

About Offermatic

Offermatic is a young upstart looking to change how promotional marketing is done.

The vast majority of deals & offers are poorly targeted, resulting in an average online coupon redemption rate of 0.5%. Consumers suffer from deal overload & fatigue, and retail merchants suffer from outdated marketing and poor ROI. Offermatic can help. We're a free online service that automatically saves people money via targeted offers based on their credit/debit card purchase history. Our members receive highly targeted and exclusive offers - without the hassle of coupons or vouchers. For retail marketers, Offermatic is the first marketing channel that enables targeting people who have opted-in to receive offers based on their credit or debit card spending history. Much like Google Adwords presents relevant ads based on online searches, Offermatic enables relevant offers based on spending history. We're backed by Kleiner Perkins, SV Angel, and angel investors who helped build companies such as AdMob, Facebook, and Mint.com. Oh, and we're hiring rockstars in engineering, sales, marketing, and business development! Offermatic offices are downtown San Mateo, California.

What company datasets say Offermatic raised

Funding, as reported

Reported in all$4.5Min dollars
Rounds2
Last roundSeries A
Last round size$4.5M
Last round dateMar 2011
Investors listed5
SEC Form D$3.9M sold, 2 filings, last Mar 2011

Founders and team

From the SEC filings it signed: 2 on the team.

  • Faisal QureshiExecutive Officer, Directori
  • Rakesh SinghExecutive Officeri

On the board, as filediAileen Lee

The company, in detail

What they build

Known for

consumersinformation technology & servicesfinancial servicesfinancepersonal financeinformation technologydiscountsadvertisingtechnologyinternetdealsconsumer internetinformation & internetcredit cards

Built with from their website

Google WorkspaceGoogle MeetTwilio SendGrid Email Marketing CampaignsMessageBusGoDaddy DomainsAmazon AWSSendgridGoDaddy HostingTwilio SendGrid Email APIGmail

Sector
Information technology & services
Region
California
Full record
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Information technology & services in United States

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