# DailyDeal.de

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dailydeal-de

- Industry: Marketing/Advertising
- Headquarters: Berlin, Germany
- Website: www.dailydeal.de
- Total disclosed funding: $9.5M
- Latest round: Series A (Apr 6, 2010)
- Investors on record: 2

## About

DailyDeal.de is a deal and coupon aggregation platform catering to consumers in Germany and Austria, offering discounts across various categories including beauty, electronics, and travel, facilitating significant savings for shoppers.DailyDeal.de is an online platform focused on providing deals and coupons for consumers in Germany and Austria. On September 19, 2011, Google acquired DailyDeal for USD 114 mn. The company is headquartered in Berlin, Germany. It has undergone strategic pivots, leading to its acquisition by Google Inc., which has enhanced its exposure and operational capabilities. The founder's history is not detailed, but the acquisition reflects the company's significant value.DailyDeal.de operates as a leading platform for deals and coupons in Germany and Austria, specializing in providing consumers with access to discounted products and services across a wide range of categories including beauty, electronics, fashion, travel, and home and garden. The company's core offerings focus on aggregating deals from multiple retailers, allowing consumers to save money through promotions and vouchers. DailyDeal.de serves a diverse customer base that includes individual consumers seeking both everyday necessities and luxury items at reduced prices. The platform has been designed to cater to price-conscious shoppers and those looking to take advantage of seasonal sales and special promotions. The geographical reach of DailyDeal.de extends beyond its native market, targeting users in specific regions across Germany and Austria while also appealing to consumers who are adept at online shopping.DailyDeal.de's revenue generation is driven through a commission-based model, earning a percentage from sales generated via its deals and coupons. In 2013, the company's revenue was USD 6,611,751, while in 2014, it reported an EBITDA of USD -574,371. Transactions typically occur between end-users and various retailers who partner with DailyDeal.de to list their promotional offerings. This model encourages repeat business as customers regularly return to the platform for new deals, creating a sustainable revenue stream aligned with promotional offerings.DailyDeal.de's recent acquisition by Google will likely support future growth through enhanced resources and strategic direction. Although specific new product launches or geographic expansions are not detailed, the backing by Google may facilitate entry into broader markets. The most recent deal in September 2011 marks a significant milestone that positions the company for potential developments in the online discount space.

## Funding rounds

- Series A, Apr 6, 2010, $9.5M — Mangrove Capital Partners, Adinvest

## Investors

- Mangrove Capital Partners (https://capitalatlas.ai/funds/mangrove-capital-partners) — Series A
- Adinvest — Series A