What is Earny?
Earny operates within the consumer technology sector, focusing on providing value-added services to shoppers. While the provided description for STTPLUS (an online lottery platform) appears to be a data anomaly, Earny's core business is understood to be centered around helping consumers save money by automatically finding and applying coupons and discounts to their online purchases. This positions Earny as a key player in the e-commerce optimization space, leveraging technology to enhance the online shopping experience and deliver tangible savings to its user base.
How much funding has Earny raised?
Earny has raised a total of $12.7M across 3 funding rounds:
Angel/Seed
$1.2M
Other Financing Round
$2.5M
Series A
$9M
Angel/Seed (2016): $1.2M with participation from Science Media LLC. and Sweet Capital
Other Financing Round (2016): $2.5M led by Science Inc., Jeff Bonforte, and Adam Nash
Series A (2017): $9M supported by Science Inc, Comcast Ventures, and Mayfield
Key Investors in Earny
Science Inc.
Science Inc. is an investment firm that focuses on direct-to-consumer brands, D2C services, and mobile/social entertainment sectors, suggesting a strategic interest in consumer-facing technology.
Comcast Ventures
Comcast Ventures is the venture capital arm of Comcast Corporation, investing in consumer, enterprise, and frontier technology companies, indicating a focus on scalable tech solutions.
Mayfield
Mayfield is a venture capital firm specializing in early-stage technology companies, particularly at the seed and Series A rounds, supporting founders through growth and exit.
What's next for Earny?
With substantial enterprise-level backing and a recent strategic investment, Earny is poised for accelerated growth and market expansion. The company is likely to focus on enhancing its platform's capabilities, potentially expanding its range of automated savings features, and increasing its user acquisition efforts. Further investment will probably fuel technological advancements, strategic partnerships, and a broader market penetration, solidifying its position as a leader in automated consumer savings solutions.
See full Earny company page