SmartBargains - About the company
SmartBargains is an acquired company based in Boston (United States), founded in 1999. It operates as an Online marketplace offering multi-category products. SmartBargains has raised $49M in funding from Highland Capital Partners and Maveron. The company has 1642 active competitors, including 64 funded and 49 that have exited. Its top competitors include companies like Zulily, eBay and Staples.
Company Details
Online marketplace offering multi-category products. The product catalog includes blankets & throws, pillowcases, mattresses, bath rugs & mats, bathroom accessories, jewelry, watches, sunglasses, handbags & luggage, and more. The company offers products from various brands like Chloe, Sealy, Valentino, and more. The company also offers some products at discounted prices. The platform also enables users to sell their products.
- Website
- smartbargains.com
- Social
- Registered Address
- Boston, Massachusetts
Key Metrics
Founded Year
1999
Location
Boston, United States
Stage
Acquired
Total Funding
$49M in 2 rounds
Latest Funding Round
Investors
Ranked
73rd among 1642 active competitors
Employee Count
1,613 as on Dec 31, 2022
Exit Details
Acquired by Investors Group (Dec 07, 2007)
Legal entities associated with SmartBargains
SmartBargains is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
RGG SERVICES, INC. CIN: 43505021 , United States, Active | Dec 31, 1999 | - | 834 (As on Dec 31, 2022) | - |
SmartBargains's acquisition details
SmartBargains got acquired by Investors Group on Dec 07, 2007.
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SmartBargains's funding and investors
SmartBargains has raised a total funding of $49M over 2 rounds. Its first funding round was on Oct 20, 2000. Its latest funding round was a Series B round on Aug 26, 2002 for $*****. 4 investors participated in its latest round. SmartBargains has 7 institutional investors.
Here is the list of recent funding rounds of SmartBargains:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 26, 2002 | 5731770 | Series B | 3918714 | 7435753 | 4833819 | 7936685 |
Oct 20, 2000 | 2053349 | Series B | 8824468 | 6959519 |
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SmartBargains' founders and board of directors
Founder? Claim ProfileSmartBargains' employee count trend
SmartBargains has 1,613 employees as of Dec 22. The total employee count is 6.0% lower than what it was in Dec 21. Here is SmartBargains's employee count trend over the years:
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SmartBargains's Competitors and alternates
Top competitors of SmartBargains include Zulily, eBay and Staples. Here is the list of Top 10 competitors of SmartBargains, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Zulily 2009, Seattle (United States), Acquired | Online shopping platform using flash sales | $135M | 85/100 | |
2nd | eBay 1995, San Jose (United States), Public | Online retailer of electronics, cars, fashion, collectibles, sports, and more | - | 81/100 | |
3rd |  Staples 1986, Framingham (United States), Acquired | Online retailer of office supplies, technology, print services, and furniture | - | 74/100 | |
4th | Online retailer offering multi-category products | - | - | 71/100 | |
5th | FabFitfun 2010, Beverly Hills (United States), Series A | Online retailer offering subscription-based multi-category products | $94.6M | 69/100 | |
6th | Groupon 2007, Chicago (United States), Public | Online marketplace offering deals on multi-category products and services | $950M | 69/100 | |
7th | Grove 2012, San Francisco (United States), Public | Online subscription-based platform providing cleaning products and beauty products | $527M | 68/100 | |
8th | Urban Outfitters 1970, Philadelphia (United States), Public | Online retailer of on-trend clothing, accessories, home decor, and gifts | - | - | 67/100 |
9th | Gilt 2007, New York City (United States), Acqui-Hired | Online shopping platform for fashion products | $284M | 65/100 | |
10th |  Saks Fifth Avenue 1867, New York City (United States), Acquired | Online retailer of apparel, accessories, beauty products, and home goods | $500M | 65/100 | |
73rd | SmartBargains 1999, Boston (United States), Acquired | Online marketplace offering multi-category products | $49M | 36/100 |
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SmartBargains's Investments and acquisitions
SmartBargains has made no investments or acquisitions yet.
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