SavingStar inks USD9m for grocery store coupons service

Series C funding

SavingStar, an app which provides access to grocery store savings and discounts, has raised USD9m in a new Series C funding round led by DCM, with investment from Flybridge Capital PartnersFirst Round Capital and IA Ventures. As a result of the funding, Rom Blaisdell, general partner at DCM, will join SavingStar’s board. SavingStar offers its users savings by linking special offers found on, or the company’s iPhone and Android apps, to their grocery and drug store loyalty cards. More than 1.5m people have joined the service since in launched in April 2011, and more than 150 brands have run offers on the service.

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