Scondoo Raised under €1M in Seed Funding

Scondoo, a Berlin, Germany-based creator of a mobile shopping deals app, raised under €1m in seed funding.

The round was led by Point Nine Capital, with participation from Heilemann Ventures, Rouven Dresselhaus and other investors.

The company intends to use the capital to continue to grow.

Founded in October 2012 by Nikolaus Hilgenfeldt, David Keuler und Sebastian Kurt, Scondoo provides a free iOS and Android app that allows users to discover deals and buy products. By taking a photo of the receipt, they can also receive a credit from the brand offering the sale item, with no involvement by supermarkets.
Partnering brands include Nestle, Johnson & Johnson, and Carlsberg.

The company had previously received funding from Sixt e-ventures and CRES Internet.

They are hiring (read here).

FinSMEs

17/06/2013

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