Shopular Raises $6.4 Million Led By Sequoia Capital
Shopular is a Y Combinator backed company that has launched a mobile app that runs in the background. As a consumer walk or drive around, they will see coupons pop up for the places near them. The company has raised $6.4 million in Series A funding led by Sequoia Capital.
Tim Lee of Sequoia Capital will be joining the company’s board of directors. The company plans on expanding their four-person team and to expand marketing with the funding.
On top of offering coupons for retail locations, Shopular is able to offer insight on consumer shopping behavior. Shopular has delivered coupons at around 1,000 malls across the country. Today, the app works with around 40,000 locations including big box chains such as Kohl’s, Macy’s, and the Gap.