Philly Startup SnipSnap Reaches 350K Users For Mobile Couponing App That Works

SnipSnap,Philly startup,startup,startup newsWe started using Philadelphia startup SnipSnap’s mobile couponing app after we saw it at TechCrunch Disrupt NY back in May.Just prior to Black Friday, we had saved over $500 using the app.

SnipSnap app allows you to clip actual printed coupons, take pictures of them and then save them, share them, or both within the app. You can find deals from just about every major retailer, food chain and even several regional businesses within the app. Perhaps the best thing we like about SnipSnap app is that you see coupons from all over the country. As you may know, sometimes a coupon for a retailer may be different in one part of the country than it is in another.

While it’s explicitly explained to app users that these photographed mobile coupons may not work every time, there is a rating system that allows users to share how successful they were. As more and more retailers embrace mobile, more and more businesses are accepting coupons on smartphones. We rarely get turned down these days and we’ve used SnipSnap at ToysRUs, Old Navy, Best Buy, PetCo, Burger King, and Sephora just to name a few.

We first reported on SnipSnap back in May at TechCrunch Disrupt NYC. We were so excited about it that we published this story from TechCrunch Disrupt before founder Ted Mann has even had a chance to finish his onstage pitch. We also immediately got this interview with Mann, when he made it back to his startup alley booth.

By June 2012 the app had reported 150k users and most recently, Betakit has reported that SnipSnap has over 350k loyal users.

“We grew pretty quickly and we’re just now trying to get everything to the place where it can turn from an app with a few hundred thousand users to a few million users,” Mann said in an interview.

In addition to the apps clipped by the user community, SnipSnap has partnered with seven major retailers including; Sears, Aeropastle and KMart which allows SnipSnap to display their store coupons.  The app doesn’t currently cover manufacturers coupons but Mann is reportedly working on that feature.

One of the other main features of the app is that it serves up coupons that are relevant to you and it also uses your geolocation to remind you that you have coupons clipped for stores nearby.

Since launching last spring SnipSnap 4.5 million coupons have been saved in the app. 470,000 coupons are original coupons uploaded by the apps user base.  They’ve raised $1M in seed funding and plan on a Series A round early this year.

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