San Francisco-based savings app Super.com has raised $85 million in a Series C funding round, led by Inovia Capital, to expand its offerings and meet customer demand for new features.
Facts
- Super.com has secured $85 million in a Series C funding round led by Inovia Capital.
- New investors, including angel investors, joined existing investors such as Telstra Ventures, Acrew, Lion Capital, and NBA superstar Steph Curry.
- Super.com rebranded from SnapCommerce and launched SuperCash, a cashback card that allows users to build credit with each transaction, in October 2022.
- Super.com plans to scale its product and engineering resources with the new funding to meet customer demand for new features.
- Daniel Weisenfeld, CFO of Super, said the latest fundraise proves the firm can scale its business “responsibly” while driving improving margins.
- Super.com offers customers deals and savings across categories such as travel and shopping via its mobile app, and claims to serve over five million customers.
- Super.com’s newly launched cashback card is in partnership with Mastercard.
