SnipSnap users have snipped 10M coupons since launch one year ago [Startup Roundup] - Philly


Apr. 24, 2013 9:00 am

SnipSnap users have snipped 10M coupons since launch one year ago [Startup Roundup]

A 3D printer manufacturer raises $2.4 million, SnipSnap hits the 10 million coupon landmark and First Round Capital leads a $5.9 series A for Upstart.

At last year's Switch Philly, which SnipSnap won: investor Ellen Weber, Mayor Michael Nutter, SnipSnap Founder Ted Mann, SnipSnap VP of Product Kyle Martin, Josh Kopelman of First Round Capital and SnipSnap CTO Kostas Nasis.

Startup Roundup is sponsored by Silicon Valley Bank's Philadelphia office, which serves the life science, technology and clean tech markets in Pennsylvania and New Jersey. The Philadelphia team also works closely with the venture capital and private equity firms that invest in these sectors.

Technically Philly’s Startup Roundup parses out the small pieces that make our greater Startup ecosystem thrive. We want to keep you in touch with the innovations that we can’t quite get to covering, but that deserve highlight. Follow along with a weekly email newsletter by clicking here and selecting the Startup Roundup button or follow Startup Roundup’s RSS feed. If you’ve got news to share, get in touch.


First Round Capital led a $5.9 million series A round for Upstart, a Palo Alto, Calif.-based funding platform for backing people, TechCrunch reported. The firm previously invested in a seed round for Upstart.

Center City-based TicketLeap raised $675,000, according to an SEC filing.

InDimension3, a 3D printer manufacturer that lists Berwyn as its SEC filing address, raised $2.4 million, according to an SEC filing. InDimension3 appears to be a Julip Run Capital portfolio company, as they share the same address and many of the same board members. The company demoed at the March Philly Tech Meetup.

Check out this Silicon Valley Business Journal Q&A with Comcast Ventures partner Louis Toth, who’s based in Philadelphia but says he spends most of his time in Silicon Valley.


SnipSnap, the Callowhill couponing app, has seen 10 million coupons “snipped” since its launch one year ago, CEO Ted Mann announced at Mobile Monday this week. In other Mobile Monday-related news, Old City’s Artisan Mobile won the demo event.

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TicketLeap launched The Loop, a weekly newsletter written by a different event host each week.

Juliana Reyes

Juliana Reyes began as lead reporter at Philly in July 2012. Previously, she was a city services beat reporter for the Philadelphia Daily News, as part of a project called “It’s Our Money.” She is learning to drive, learning to bike (in the city) but is an expert at taking SEPTA. She grew up in North Jersey and Manila, Philippines but she left the tropics for Bryn Mawr College, where she majored in linguistics. She now lives in West Philly.



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