Swagbucks - About the company
Swagbucks is a late stage company based in El Segundo (United States), founded in 2005 by Harry Ren. It operates as an Earn rewards and cash back for online activities and shopping. Swagbucks has raised $60M in funding from TCV. The company has 244 active competitors, including 22 funded and 28 that have exited. Its top competitors include companies like Rakuten, Super and SheerID.
Company Details
Earn rewards and cash back for online activities and shopping. It is a platform that rewards users with gift cards and cash for completing online surveys, shopping online, playing games, and watching videos. Users earn points by sharing their opinions through surveys, discovering deals, and engaging with entertainment content. The platform offers a wide range of redemption options, including gift cards to popular retailers and cash back via PayPal. It partners with numerous merchants to provide cash back offers and discounts. The platform aims to provide a way for users to earn rewards for activities they already do online. It is a B2C platform that offers a rewards program, online surveys, cash back shopping, deals, gift cards, and online entertainment. It is not a tech company, SaaS, or software company. It is a social impact company that provides a way for users to earn rewards for activities they already do online.
- Website
- www.swagbucks.com/
Key Metrics
Founded Year
2005
Location
El Segundo, United States
Stage
Late Stage
Total Funding
$60M in 1 round
Latest Funding Round
Investors
Ranked
14th among 244 active competitors
Employee Count
273 as on Dec 31, 2020
Legal entities associated with Swagbucks
Swagbucks is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PRODEGE, LLC CIN: 03-0563997 , United States, Active | Jul 08, 2005 | - | 317 (As on Dec 31, 2021) | - |
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Swagbucks's funding and investors
Swagbucks has raised a total funding of $60M over 1 round. Its latest funding round was a PE round on May 13, 2014 for $*****. 1 investor participated in its latest round. Swagbucks has 1 institutional investor.
Here is the list of recent funding rounds of Swagbucks:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 13, 2014 | 3268594 | PE | 3212284 | 9921954 | 2782292 | 4559115 |
View details of Swagbucks's funding rounds and investors
Swagbucks' founders and board of directors
Founder? Claim ProfileThe founders of Swagbucks is Harry Ren.
Here are the details of Swagbucks' key team members:
- Harry Ren: Founder of Swagbucks.
- Ricky Stout: CEO of Swagbucks.
View details of Swagbucks's Founder profiles and Board Members
Swagbucks' employee count trend
Swagbucks has 273 employees as of Dec 20. The total employee count is 26.0% more than what it was in Dec 19. Here is Swagbucks's employee count trend over the years:
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Swagbucks's Competitors and alternates
Top competitors of Swagbucks include Rakuten, Super and SheerID. Here is the list of Top 10 competitors of Swagbucks, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Rakuten 1997, San Francisco (United States), Public | App-based platform offering cashback on multi-category products | - | 79/100 | |
2nd | Super 2016, San Francisco (United States), Series C | Provider of an all-in-one mobile app offering travel savings, rewards, and budgeting solutions | $161M | 78/100 | |
3rd | SheerID 2011, Portland (United States), Series C | Online Customer Verification at POS | $96.1M | 69/100 | |
4th | Groupon 2007, Chicago (United States), Public | Online marketplace offering deals on multi-category products and services | $950M | 69/100 | |
5th | RetailMeNot 2009, Austin (United States), Acquired | Provider of app and browser extension offering digital coupons & deals | $315M | 68/100 | |
6th | Claim 2021, Boston (United States), Acquired | Online platform offering reward points for multi-category products | $25.9M | 63/100 | |
7th | 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 | |
8th | MyPoints 1996, San Francisco (United States), Acquired | Online shopping rewards | $10M | 55/100 | |
9th | Pogo 2020, New York City (United States), Series A | App-based platform offering rewards for multi-category products | $14.8M | 55/100 | |
10th | Goodshop 2005, San Francisco (United States), Seed | Online platform for multi-category digital coupons | - | 53/100 | |
14th | Swagbucks 2005, El Segundo (United States), Late Stage | Earn rewards and cash back for online activities and shopping | $60M | 52/100 |
Looking for more details on Swagbucks's competitors? Click here to see the top ones
Swagbucks's Investments and acquisitions
Swagbucks has made no investments or acquisitions yet.
News related to Swagbucks
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Swagbucks Reaches Milestone Of $200 Million In Cash Back & Free Gift Cards To Its MembersPR Newswire•Sep 19, 2017•Swagbucks
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