Quotient Technology

Last updated
Quotient Technology, Inc.
Company type Public
NYSE: QUOT
IndustryAdvertising Technology
FoundedMay 1998;26 years ago (1998-05)
FounderSteven Boal
Headquarters Salt Lake City, Utah, U.S.
Key people
Matt Krepsik
(CEO)
RevenueDecrease2.svg US$ 288.8 million (2022)
Decrease2.svg US$ -71.38 million (2022)
Decrease2.svg US$ -76.5 million (2022)
Total assets Decrease2.svg US$ 363.16 million (2022)
Total equity Decrease2.svg US$ 177.8 million (2022)
Owner
Number of employees
1000+ (2023)
Website www.quotient.com
Footnotes /references
[1]

Quotient Technology, Inc. (formerly Coupons.com) is an advertising technology company headquartered in Salt Lake City, Utah. It specializes in digital promotions, retail media, digital out-of-home (DOOH) advertising, social influencer marketing, display advertising and data and analytics. On September 5, 2023, Quotient was acquired by Neptune Retail Solutions. [2]

Contents

History

Quotient Technology, formerly Coupons.com, Inc., was founded in 1998 by Steven Boal, former CEO. Coupons.com originally was a website for finding and printing coupons. The website eventually expanded to the Coupons.com app, which enabled consumers to redeem cashback offers and load offers to loyalty cards, as well as find printable coupons. In June 2011, Coupons.com’s value was estimated at $1 billion. [3] In October 2011, Greylock Partners announced an investment of up to $30 million in a secondary market purchase of company shares. [4] In 2014, Coupons.com went public with a $100 million IPO with NYSE trading under COUP. [5] In 2015, Coupons.com changed its corporate name to Quotient Technology, Inc. (NYSE: QUOT). [6] The Coupons.com domain is now owned by Global Savings Group.


Acquisitions

Quotient Technology has acquired 10 organizations in total: Ubimo, Elevaate, Ahalogy, Crisp Mobile, Shopmium, Eckin, Yub, KitchMe, Couponstar and Grocery iQ. [7] [8] [9] [10] [11] [12] Ubimo was acquired in 2019. [13]

Related Research Articles

<span class="mw-page-title-main">Rakuten</span> Japanese e-commerce company

Rakuten Group, Inc. (楽天グループ株式会社) is a Japanese technology conglomerate based in Tokyo, founded by Hiroshi Mikitani in 1997. Centered around the online retail marketplace Rakuten Ichiba, its businesses include financial services utilizing Fintech, digital content and communications services such as the messaging app Viber, e-book distributor Kobo, and Japan's fourth-most used mobile carrier, Rakuten Mobile. Rakuten has more than 28,000 employees worldwide, operating in 30 countries and regions, and its revenues totalling US $12.8 billion as of 2021. Rakuten was the official sponsor of the Spanish football club FC Barcelona from 2017 until 2022, and the Golden State Warriors of the NBA as of 2022. It is sometimes referred to as the "Amazon of Japan".

Benchmark is a venture capital firm founded in 1995 by Bob Kagle, Bruce Dunlevie, Andy Rachleff, Kevin Harvey, and Val Vaden.

<span class="mw-page-title-main">Workday, Inc.</span> American software company

Workday, Inc., is an American on‑demand (cloud-based) financial management, human capital management, and student information system software vendor. Workday was founded by David Duffield, founder and former CEO of ERP company PeopleSoft, along with former PeopleSoft chief strategist Aneel Bhusri, following Oracle's acquisition of PeopleSoft in 2005.

LifeLock Inc. was an American software company active from 2005 to 2017. The company was best known for its eponymous LifeLock identity theft prevention software, now sold by Gen Digital after the latter acquired LifeLock in 2017. LifeLock's system monitors for identity theft, the use of personal information, and credit score changes.

<span class="mw-page-title-main">Accel (company)</span> Venture capital firm

Accel, formerly known as Accel Partners, is an American venture capital firm. Accel works with startups in seed, early and growth-stage investments. The company has offices in Palo Alto, California and San Francisco, California, with additional operating funds in London, India and China.

Lightspeed Venture Partners is a global venture capital firm focusing on seed stage, early stage investments and growth stage investments in the enterprise, fintech, consumer and healthcare sectors. Lightspeed has eleven offices globally and as of 2023 had approximately US$25 billion in assets under management.

<span class="mw-page-title-main">Groupon</span> American worldwide e-commerce marketplace

Groupon, Inc. is an American global e-commerce marketplace connecting subscribers with local merchants by offering activities, travel, goods and services in 13 countries. Based in Chicago, Groupon was launched there in November 2008, launching soon after in Boston, New York City and Toronto. By October 2010, Groupon was available in 150 cities in North America and 100 cities in Europe, Asia and South America, and had 35 million registered users. By the end of March 2015, Groupon served more than 500 cities worldwide, nearly 48.1 million active customers and featured more than 425,000 active deals globally in 48 countries.

Xperi Inc. is an American multinational technology company headquartered in San Jose, California, that develops software for consumer electronics and connected cars, as well as media platforms for video service over broadband. The company is organized into four business units: Pay-TV, Consumer Electronics, Connected Car, and Media Platform. Xperi's brands include DTS, HD Radio, and TiVo.

Instructure, Inc. is an educational technology company based in Salt Lake City, Utah, United States. It is the developer and publisher of Canvas, a web-based learning management system (LMS), and Mastery Connect, an assessment management system. Prior to its IPO in 2021, the company was owned by private-equity firm Thoma Bravo.

Similarweb Ltd. is a global software development and data aggregation company specializing in web analytics, web traffic and performance. Headquartered in Givatayim, the company has 12 offices worldwide. Similarweb went public on the New York Stock Exchange in May 2021.

Snapdeal is an Indian e-commerce company, based in New Delhi, India. It was founded in February 2010 by Kunal Bahl and Rohit Bansal.

<span class="mw-page-title-main">Shopkick</span> American shopping app company

Shopkick is an American company based in Denver that created a shopping app for smartphones and tablets offering users rewards for shopping activities on both online and offline platforms such as walking into stores, scanning items, making in-app or in-store purchases and submitting receipts. Users are awarded "kicks" for these actions, and can exchange them for rewards in the form of mobile gift cards. The app is currently available for iOS and Android devices.

<span class="mw-page-title-main">Domo, Inc.</span> American computer software company

Domo, Inc. is an American cloud software company based in American Fork, Utah, United States. It specializes in business intelligence tools and data visualization.

RetailMeNot, Inc. is an American multinational company headquartered in Austin, Texas, that maintains a collection of coupon web sites. The company was founded by Cotter Cunningham. The company owns RetailMeNot.com and VoucherCodes.co.uk and acquires coupon sites and third-party software.

Jumia is a Pan-African technology company that is built around a marketplace, logistics service and payment service. The logistics service enables the delivery of packages through a network of local partners while the payment services facilitate the payments of online transactions within Jumia’s ecosystem. It has partnered with more than 100,000 active sellers and individuals.

Synchrony Financial is an American consumer financial services company with its headquarters in Stamford, Connecticut, United States. The company offers consumer financing products, including credit, promotional financing and loyalty programs, installment lending to industries, and FDIC-insured consumer savings products, through Synchrony Bank, its wholly owned online bank subsidiary.

Ibotta, Inc. is an American mobile technology company headquartered in Denver, Colorado. Founded in 2011, the company offers cash back rewards on various purchases through its Ibotta Performance Network and consumer properties, including mobile app, website, and browser extension. Ibotta partners with CPG brands and network publishers to provide these rewards. As of 2024, the company operates solely in the United States and offers rewards on categories such as groceries, online shopping, general merchandise, and more, including alcohol purchases in certain locations. The company's rewards-as-a-service offering, the Ibotta Performance Network, went live in 2021.

<span class="mw-page-title-main">SS&C Technologies</span> American financial technology company

SS&C Technologies Holdings, Inc. is an American multinational holding company headquartered in Windsor, Connecticut, that sells software and software as a service to the financial services industry. The company has offices in the Americas, Europe, Asia, Africa and Australia.

Rubrik, Inc. is an American cloud data management and data security company based in Palo Alto, California, founded in January 2014. The company is listed on the New York Stock Exchange after going public in April 2024.

<span class="mw-page-title-main">SharkNinja</span> Global product design and technology company

SharkNinja, Inc. is a global product design and technology company based in Needham, Massachusetts. Founded in 1994 by Mark Rosenzweig and led by CEO Mark Barrocas, who joined the company in 2008 as President, the company's name is formed by combining its two primary brands: Shark and Ninja.

References

  1. ↑ "US SEC: Form 10-K Quotient Technology, Inc". U.S. Securities and Exchange Commission . Retrieved April 19, 2023.
  2. ↑ "Neptune Retail Solutions Completes Acquisition Of Quotient Technology Inc". PR Newswire (Press release). Retrieved 2023-09-11.
  3. ↑ Empson, Rip (2011-06-09). "Coupons.com Raises $200 Million At A Whopping $1 Billion Valuation". TechCrunch. Retrieved 2023-04-20.
  4. ↑ "Attention Shoppers: Coupons.com Grabs $30M in Funding From Greylock". AllThingsD. Retrieved 2023-04-20.
  5. ↑ Lunden, Ingrid (2014-01-31). "Coupons.com Files For $100M IPO On The NYSE, Trading As Coup". TechCrunch. Retrieved 2023-04-20.
  6. ↑ Steele, Anne. "Coupons.com to Change Corporate Name to Quotient". WSJ. Retrieved 2023-04-20.
  7. ↑ "Quotient Acquires Elevaate to Boost Sponsored Search for CPGs". Consumer Goods Technology. 30 October 2018. Retrieved 2023-04-20.
  8. ↑ "Quotient Technology Acquires Ahalogy". Consumer Goods Technology. June 2018. Retrieved 2023-04-20.
  9. ↑ "Quotient (Crisp Mobile) Finds Sweet Spot at P2PI". Path to Purchase Institute. Retrieved 2023-04-20.
  10. ↑ couponsinthenews (2015-11-03). "Coupons.com Goes Shopping, Buys Shopmium". Coupons in the News. Retrieved 2023-04-20.
  11. ↑ "Quotient Technology Acquires Eckim | Mergr M&A Deal Summary". mergr.com. Retrieved 2023-04-20.
  12. ↑ "Quotient Technology Acquires Yub | Mergr M&A Deal Summary". mergr.com. Retrieved 2023-04-20.
  13. ↑ "Quotient acquires Israeli ad tech co Ubimo". Globes. 2019-07-11. Retrieved 2023-04-20.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.