What is Sociable Labs?
Sociable Labs operates as a prominent platform specializing in the aggregation of verified coupon codes and discounts from an extensive network of over 20,973 online stores. The company serves as a vital resource for consumers actively seeking to reduce their spending across a broad spectrum of categories, including health and wellness, beauty, and electronics. By providing daily updates on fresh deals and exclusive savings, Sociable Labs enhances the online shopping experience, enabling users to make informed purchasing decisions and maximize their savings.
How much funding has Sociable Labs raised?
Sociable Labs has raised a total of $7.2M across 2 funding rounds:
Series B
$7M
Private Equity
$200K
Series B (2011): $7M with participation from Battery Ventures
Private Equity (2014): $200K led by Javelin Venture Partners and Battery Ventures
Key Investors in Sociable Labs
Battery Ventures
Battery Ventures is a venture capital firm that partners with founders developing category-defining businesses across software, enterprise infrastructure, and industrial technology. They invest globally at all stages, from seed to buyout.
Javelin Venture Partners
Javelin Venture Partners focuses on backing founders building new products and platforms in technology, commerce, and services, providing capital and strategic guidance to early-stage companies.
What's next for Sociable Labs?
With substantial enterprise-level backing and a recent strategic investment, Sociable Labs is well-positioned for continued expansion and innovation. The company's focus is likely to remain on enhancing its platform's value proposition by broadening its merchant partnerships and refining its discount aggregation technology. Future growth may involve exploring new market segments, optimizing user acquisition strategies, and potentially leveraging its data insights to offer personalized savings solutions, further solidifying its role as a leader in the e-commerce savings sector.
See full Sociable Labs company page
