SnipSnap operates a mobile coupon-saving and sharing platform that has seen over 1 million coupons clipped since launch. The app has 160,000 downloads and about 50,000 daily active users. The company plans to add support for manufacturer coupons and is developing a "coupon bundle" feature to let users and publishers curate and share collections of coupons. SnipSnap has already partnered with publisher Gannett to promote coupon bundles in Sunday newspaper editions. The team plans to expand hiring for a marketing VP, head of business development, and additional developers, including work on an Android version targeted for August. The company is Philadelphia-based and intends to use recent funding to build product features and grow the team.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2012