Quotient Technology

Last updated
Quotient Technology, Inc.
Company type Public
NYSE: QUOT
IndustryAdvertising Technology
FoundedMay 1998;27 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) was an advertising technology company headquartered in Salt Lake City, Utah. It specialized in digital promotions, retail media, digital out-of-home (DOOH) advertising, social influencer marketing, display advertising and data and analytics. In 2023, Atolls completed the acquisition of Coupons.com from Quotient [2] , and on September 5, 2023, Quotient was acquired by Neptune Retail Solutions. [3]

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. [4] In October 2011, Greylock Partners announced an investment of up to $30 million in a secondary market purchase of company shares. [5] In 2014, Coupons.com went public with a $100 million IPO with NYSE trading under COUP. [6] In 2015, Coupons.com changed its corporate name to Quotient Technology, Inc. (NYSE: QUOT). [7] The Coupons.com domain is now owned by Atolls (formerly 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. [8] [9] [10] [11] [12] [13] Ubimo was acquired in 2019. [14]

References

  1. ↑ "US SEC: Form 10-K Quotient Technology, Inc". U.S. Securities and Exchange Commission . Retrieved April 19, 2023.
  2. ↑ Atolls (2022-10-26). "Atolls (formerly Global Savings Group) to acquire brand and domain Coupons.com". Atolls. Retrieved 2026-01-27.
  3. ↑ "Neptune Retail Solutions Completes Acquisition Of Quotient Technology Inc". PR Newswire (Press release). Retrieved 2023-09-11.
  4. ↑ Empson, Rip (2011-06-09). "Coupons.com Raises $200 Million At A Whopping $1 Billion Valuation". TechCrunch. Retrieved 2023-04-20.
  5. ↑ "Attention Shoppers: Coupons.com Grabs $30M in Funding From Greylock". AllThingsD. Retrieved 2023-04-20.
  6. ↑ Lunden, Ingrid (2014-01-31). "Coupons.com Files For $100M IPO On The NYSE, Trading As Coup". TechCrunch. Retrieved 2023-04-20.
  7. ↑ Steele, Anne. "Coupons.com to Change Corporate Name to Quotient". WSJ. Retrieved 2023-04-20.
  8. ↑ "Quotient Acquires Elevaate to Boost Sponsored Search for CPGs". Consumer Goods Technology. 30 October 2018. Retrieved 2023-04-20.
  9. ↑ "Quotient Technology Acquires Ahalogy". Consumer Goods Technology. June 2018. Retrieved 2023-04-20.
  10. ↑ "Quotient (Crisp Mobile) Finds Sweet Spot at P2PI". Path to Purchase Institute. Retrieved 2023-04-20.
  11. ↑ couponsinthenews (2015-11-03). "Coupons.com Goes Shopping, Buys Shopmium". Coupons in the News. Retrieved 2023-04-20.
  12. ↑ "Quotient Technology Acquires Eckim | Mergr M&A Deal Summary". mergr.com. Retrieved 2023-04-20.
  13. ↑ "Quotient Technology Acquires Yub | Mergr M&A Deal Summary". mergr.com. Retrieved 2023-04-20.
  14. ↑ "Quotient acquires Israeli ad tech co Ubimo". Globes. 2019-07-11. Retrieved 2023-04-20.
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