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Founded in 2008 by then 19 year old Princeton University dropout Seth Priebatsch, privately held SCVNGR is an online and mobile application developer that creates games tied to promotional marketing offers for corporate clients. SCVNGR and Priebatsch have described SCVNGR's mission as "building the game layer on top of the world." In March 2011, the company launched LevelUp, a mobile payments application. LevelUp partners with businesses in order to attract and retain customers by letting users access local deals and pay with mobile devices. The Cambridge, Massachusetts based company is backed by venture capital firms including Highland Partners and Google's corporate venture capital arm Google Ventures (see PrivCo Funding Table for SCVNGR's venture funding details).
| Company Tags: | VC Backed |
| Year Founded: | 2008 |
| Fiscal Year End: | 12/31 |
| 1YR Revenue Growth Rate: | View % |
| 3YR Revenue Growth Rate (CAGR): | View % |
| 1YR Employee Growth Rate: | View % |
| 3YR Employee Growth Rate (CAGR): | View % |
| City: | Boston |
| State/Province: | Massachusetts |
| Country: | United States |
| Website: | www.scvngr.com |
| Brands: | LevelUp |
| Founders: | Seth Priebatsch |
| PICS™: | 600306™, 900113™, 900312™, 900323™, 1302301™, 1302303™, 1302399™, 1500701™ |
| NAICS: | View |
| SIC: | View |
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
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| * | SCVNGR fiscal year end: 12/31 |
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$99 Single Company AccessInstant Full Site-Wide AccessSCVNGR Revenues ($ MM): |
SCVNGR Total Employees: |
SCVNGR Productivity (Revenue/Employee) ($): |
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$99 Single Company AccessInstant Full Site-Wide Access| Date | Investor | Round | Investor Type | |
| Jun. 2008 | View | Seed | Business Incubator / SBDC | |
| Details | Total Round Seed View | |||
| Aug. 2009 | View | A | Venture Capital | |
| Details | Total Round A View | |||
| Jan. 2010 | View | B | Venture Capital | |
| Jan. 2010 | View | B | Venture Capital | |
| Details | Total Round B View | |||
| Jan. 2011 | View | C | Venture Capital | |
| Jan. 2011 | View | C | Venture Capital | |
| Jan. 2011 | View | C | Venture Capital | |
| Details | Total Round C View | |||
| Jun. 2012 | View | D | Venture Capital | |
| Jun. 2012 | View | D | Venture Capital | |
| Jun. 2012 | View | D | Venture Capital | |
| Jun. 2012 | View | D | Venture Capital | |
| Jun. 2012 | View | D | Venture Capital | |
| Details | Total Round D1 View | |||
| Aug. 2012 | View | D-2 | Venture Capital | |
| Details | Total Round D-22 View | |||
| Total of Funding Shown Above View | ||||
| 1 | SCVNGR, Inc will use...Read More → |
| 2 | This brings...Read More → |
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$99 Single Company AccessInstant Full Site-Wide AccessSCVNGR Revenue and Business Description
SCVNGR is a social, location-based application that enables users to go to different places and businesses and perform challenges to earn points. Different companies, educational institutions, and organizations can use the app to create challenges and assign points for completeing these challenges. Then users can earn these points which are redeemable for deals and discounts. The service allows users to discover new places and businesses to attract new customers. By doing this, SCVNGR hopes to build a real, interactive "game layer on top of the world". The service is constantly evolving as more businesses and organizations build on the gaming platform.
Introduction of LevelUp
In March 2011, SCVNGR launched LevelUp, a payments application for mobile devices. LevelUp allows its users to find local businesses that are offering deals and pay using their mobile devices by scanning a code linked to a credit or debit card. The company believes that… Continue Reading →
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PrivCo is the authority for financial & business data on major private companies, including:
| Private Companies | 209,402 |
| Private Investors | 12,095 |
| Private M&A Deals | 43,310 |
| VC/Funding Rounds | 36,248 |
| Total Data Points | 95,786,176 |
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