LivingSocial - About the company
LivingSocial is an acquired company based in Washington, DC (United States), founded in 2007 by Tim O'Shaughnessy, James Gilbert, Colin Fabig and Val Aleksenko. It operates as an Online platform offering deals. LivingSocial has raised $1.11B in funding from investors like Lightspeed Venture Partners, IVP and J P Morgan, with last known valuation of $*****. The company has 101 active competitors, including 9 funded and 14 that have exited. Its top competitors include companies like Groupon, SheerID and RetailMeNot.
Company Details
LivingSocial is an online platform offering deals on daily products. It provides access to a broad range of local deals at exclusive prices to its members. Each sale lasts for a day and features many sought-after restaurants, spas, concerts, sports and fitness, etc. Users can share links and recommend products to others and earn in cashback or purchase a deal for free.
- Website
- www.livingsocial.com/
Key Metrics
Founded Year
2007
Location
Washington, DC, United States
Stage
Acquired
Total Funding
$1.11B in 17 rounds
Latest Funding Round
Last Known Valuation
$***** as on Mar 11, 2011
Investors
Ranked
2nd among 101 active competitors
Employee Count
688 as on Jan 31, 2026
Exit Details
Acquired by Groupon (Oct 26, 2016)
Legal entities associated with LivingSocial
LivingSocial is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
LivingSocial, Inc CIN: 26-1728151 , United States, Active | Dec 31, 2006 | - | - | - |
Livingsocial, Inc. CIN: 261728151 , United States, Active | Dec 31, 1999 | - | 11 (As on Dec 31, 2016) | - |
LivingSocial's acquisition details
LivingSocial got acquired by Groupon on Oct 26, 2016.
Click here to take a look at LivingSocial's acquisition in detail
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LivingSocial's funding and investors
LivingSocial has raised a total funding of $1.11B over 17 rounds. Its first funding round was on Jul 21, 2008. Its latest funding round was a Series F round on 2015 for $*****. 1 investor participated in its latest round. LivingSocial has 13 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of LivingSocial:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
2015 | 3515 | Series F | 6797 | 7644 | 6800 | 2176 |
Dec 31, 2013 | 9420766 | Series F | 7593343 | 8143136 | 9782384 | 1706168 |
Feb 19, 2013 | 5594702 | Series F | 9062312 | 1507082 | 3916936 |
View details of LivingSocial's funding rounds and investors
LivingSocial's founders and board of directors
Founder? Claim ProfileHere are the details of LivingSocial's key team members:
- Tim O'Shaughnessy: Former Co-Founder & CEO of LivingSocial. They are also an angel investor in 1 startup.
- James Gilbert: Co-Founder, Sales Director, Board Member of LivingSocial and founder of 3 other companies, The Crypto Company, Genis and Spring.me.
- Colin Fabig: Founder and Chairman of LivingSocial and founder of 4 other companies, including FANS.INC, thenetworktalent.com and infobladet.se.
- Val Aleksenko: Former Co-Founder of LivingSocial.
View details of LivingSocial's Founder profiles and Board Members
LivingSocial's employee count trend
LivingSocial has 688 employees as of Jan 26. Here is LivingSocial's employee count trend over the years:
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LivingSocial's Competitors and alternates
Top competitors of LivingSocial include Groupon, SheerID and RetailMeNot. Here is the list of Top 10 competitors of LivingSocial, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Groupon 2007, Chicago (United States), Public | Online marketplace offering deals on multi-category products and services | $980M | 70/100 | |
2nd | LivingSocial 2007, Washington, DC (United States), Acquired | Online platform offering deals | $1.11B | 70/100 | |
3rd | SheerID 2011, Portland (United States), Series C | Online Customer Verification at POS | $96.1M | 67/100 | |
4th | RetailMeNot 2009, Austin (United States), Acquired | Provider of app and browser extension offering digital coupons & deals | $315M | 66/100 | |
5th | Coupons.com 1998, Atlanta (United States), Acquired | Online platform for promo codes and free printable coupons for shopping online and in-store | $250M | 60/100 | |
6th | CouponCabin 2003, Whiting (United States), Series B | Online coupon resource | $54M | 51/100 | |
7th | Upromise 2000, Newton (United States), Acquired | Online platform offering rewards points | $55M | 50/100 | |
8th | Social Deal 2010, s Hertogenbosch (Netherlands), Unfunded | Online platform offering hyperlocal deals | - | - | 48/100 |
9th | Krazy Coupon Lady 2009, Boise (United States), Unfunded | Find free coupons, deals, and promo codes for top stores | - | - | 47/100 |
10th | Shopular 2012, Redwood City (United States), Acquired | Earn cash back and rewards while shopping at your favorite stores | $13.7M | 46/100 |
Looking for more details on LivingSocial's competitors? Click here to see the top ones
LivingSocial's Investments and acquisitions
LivingSocial has made 1 investments in companies including Jump On It. LivingSocial has also acquired 8 companies including Onosys and Ensogo.Here is the list of investments & acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Apr 27, 2012 | Acquisition | 2003 | Cleveland (United States) | |
Jun 27, 2011 | Acquisition | 2009 | Bangkok (Thailand) | |
Jun 27, 2011 | Acquisition | 2010 | Dubai (United Arab Emirates) |
See all acquisitions by LivingSocial
Reports related to LivingSocial
Here is the latest report on LivingSocial's geography:
News related to LivingSocial
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D.C. tech team with Facebook and Google DNA seeks to create data-driven deals companyWashington Post•Mar 25, 2018•LivingSocial, Facebook, Google
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Groupon reveals the price of Living Social acquisition Global Corporate Venturing•Feb 20, 2017•LivingSocial, Groupon
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LivingSocial Lays Off 200, 20% Of Staff, As It Shifts From Deals To ‘Experiences’TechCrunch+•Oct 14, 2015•LivingSocial
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Daily Deals Site LivingSocial Raises Another $110 Million – TechCrunchTechCrunch+•Feb 20, 2013•LivingSocial, Grotech Ventures, Revolution, USVP and 5 others
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LivingSocial Raises $400M |FinSMEsFinSMEs•Apr 06, 2011•LivingSocial, Lightspeed Venture Partners, T. Rowe Price, Amazon and 1 other
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