The round was also supported by new investors, Siguler Guff’s Russia Partners and NPD Group, as well as existing backers DCM, Innovation Endeavors and Lightspeed Venture Partners.
Since its launch in 2011, Slice has parsed more than 90 million items at a rate of two items per second, for a total purchase value of nearly $3bn.
The company said its app makes it easier for users to keep track of everything they buy online by organizing their purchase history and receipts and alerting them when they’re eligible to recoup money for items that have dropped in price.
Slice CEO and co-founder Scott Brady said, “Our massive growth over the past two years topped off with this round of financing validates our vision to solve consumer needs with services that go far beyond their expectations.
“We will continue to execute on that vision by supporting and evolving our products, growing our team and extending our APIs to partners, all with the ultimate goal of making life easier for consumers.”
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