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Groupon

Launched in November 2008, Groupon features a daily deal on the best stuff to do, see, eat, and buy in a variety of cities across the United States. Local advertisers provide Groupon subscribers with discounts on their products or services. These deals are emailed out to Groupon subscribers who can then purchase the item directly through Groupon’s site. Groupon charges a commission to advertisers based on sales made to its subscriber base. Groupon currently offers deals in 32 U.S. cities and claims more than 2.3 million subscribers. Groupon has reportedly raised $35.8 million from New Enterprise Associates and Accel Partners. more

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Company Overview

Launched in November 2008, Groupon features a daily deal on the best stuff to do, see, eat, and buy in a variety of cities across the United States. Local advertisers provide Groupon subscribers with discounts on their products or services. These deals are emailed out to Groupon subscribers who can then purchase the item directly through Groupon’s site. Groupon charges a commission to advertisers based on sales made to its subscriber base. Groupon currently offers deals in 32 U.S. cities and claims more than 2.3 million subscribers.

Groupon has reportedly raised $35.8 million from New Enterprise Associates and Accel Partners.

  • CEO:
    Andrew Mason
  • HQ:

    Chicago, IL

  • Capital Raised:

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