Mobile Deal-Finding App Shopular (YC W12) Raises $6.4 Million Series A From Sequoia

by Y Combinator9/26/2013

While most mobile applications today are heavily concerned with getting users to remember to open them regularly, mobile deal-finding application Shopular has been content to run in the background, alerting consumers to sales and discounts when they’re in a store or mall. Now, its focus on practicality over spammy behavior has paid off, in the form of a $6.4 million Series A round, led by Sequoia Capital. Sequoia’s Tim Lee will also join Shopular’s board of directors.

The startup had previously raised a seed round from Y Combinator and other angel investors, including Adam D’Angelo.

Shopular first emerged just ahead of the 2012 holiday season, after participation in Y Combinator’s Winter 2012 batch. Founded by former Shopkick engineers, Navneet Loiwal and Tommy Tsai, Shopular offers a different take on mobile deal-finding than their previous company’s solution.

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  • Y Combinator

    Y Combinator created a new model for funding early stage startups. Twice a year we invest a small amount of money ($150k) in a large number of startups (recently 200). The startups move to Silicon