What is groupalia? Groupalia Review

introduce

Simply put, Groupalia's main group buying business is: food, drink, and entertainment. The main businesses that contribute to its revenue are: restaurants, SPA, gyms, adventure, e-commerce, air tickets, and online courses. The discounted price is generally 60% of the store price. It mainly operates in eight countries, including Spain, Italy, Brazil, Mexico, Argentina, Colombia, Chile, and Peru.

With more than 6 million users in Spain and Italy, Groupalia offers offers and discounts of up to 90%. Currently, Groupalia has more than 300 employees, more than 450,000 fans on Facebook and about 25,000 fans on Twitter.

history

Groupalia was born in Barcelona in May 2010. The founding members are José Manuel Villanueva and Lucas Carné de Privalia as well as venture capital funds: Nauta Capital and Caixa Caital Risc (the management company of La Caixa Venture Capital).

In April 2011, well-known venture capital firms including General Atlantic, Insight Venture Partners and Index Ventures joined the organization.

Financing

In May 2010, Groupalia successfully raised 2.5 million euros (about 3.6 million US dollars) in financing, and in October it raised another 5 million euros (about 7.2 million US dollars).

In April 2011, Spanish group buying website Groupalia announced that it had received $15 million in a new round of financing, which mainly came from current shareholders and some new investors, including venture capital firms such as General Atlantic, Insight Venture Partners and Index Ventures.

In August 2011, Spanish group buying website Groupalia received another $26 million investment.

References

• 1. Spanish group buying website Groupalia receives further investment: Shangfang.com [cited on 2011-08-08T16:00:00.000Z]
• 2. Spanish group buying website GROUPALIA: Vibrant China [reference date 2014-12-03T16:00:00.000Z]
• 3. Spanish group buying website Groupalia receives another $15 million investment: Sina Technology [cited on 2011-04-06T16:00:00.000Z]
• 4. Groupalia history: official website [reference date 2018-04-24T16:00:00.000Z]