AAA Edenred collects with SavingStar

Edenred collects with SavingStar

France-based employee benefits services provider Edenred has led a $9.1m round of series D round into US-based digital grocery shopping service SavingStar.

There was also participation from return backers American Express Ventures, the corporate venturing unit of the eponymous credit card provider, and venture capital firms DCM, Flybridge Capital Partners and First Round Capital.

This brings the total raised by the company to $27.4m and includes $2.3m in series A funding, $7m in a series B round and $9m in series D. 

In conjunction with the investment Edenred and Saving Star has also created NutriSavings, a service to promote healthy eating among corporate employees that is scheduled for launch later this year.

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