White Label Group Buying Platform Group Commerce Raises $8 Million

Posted Mar 12, 2011

Group Commerice Inc. has raised $8 million in Series A funding from Spark Capital, Carmel Ventures, Lerer Media Ventures, and Bob Pittman. Group Commerce is a white-label group buying platform company that was founded in 2010. Essentially they help websites launch their own daily deal services. Some of their newest clients include Dailycandy, Thrillist, and The New York Times. Group Commerce was founded by former Google and DoubleClick executives David Rosenblatt, Jonty Kelt, and Andrew Glenn. Group Commerce is based in New York.