Ebates
Latest round
- Series B
Last raised
- May 2000
Total raised
- $25M
Investors
- 4
About Ebates
Ebates, Inc.Founded in 1998 in San Francisco, US, Ebates, Inc. operates as an online platform where users earn cash-back on purchases made through participating retailers. It was acquired by Rakuten Group, Inc. for USD 1 billion in September 2014, marking a significant pivot in its business strategy.Ebates, Inc. specializes in offering cash-back rewards for purchases made through its website, streamlining the shopping experience for consumers. The platform partners with numerous retailers, allowing users to receive a percentage of their spending back as cash rewards.The company operates on a subscription-based revenue model, where retailers pay a fee to be featured on the platform and users earn cash-back on their purchases. This model allows for predictable revenue streams, fostering long-term relationships with clients and partners.Looking ahead, Ebates, Inc. aims to develop new product features and enhancements to its platform, with specific design initiatives expected to roll out by the end of 2024. The company plans to expand into new geographic markets, specifically targeting regions in Europe and Asia by mid-2025.
Who invested in Ebates
4 investors across 2 rounds
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Questions about Ebates
Who invested in Ebates?
Ebates has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Ebates raised?
Ebates has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Ebates last raise money?
Ebates's most recent round on record is a Series B, in May 2000.
What does Ebates do?
Ebates is a internet company.
Where is Ebates headquartered?
Ebates is headquartered in San Francisco, US.
Which VCs invest in companies like Ebates?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Ebates's stage. Their profiles are linked below.
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