Entrepreneurs / Small Business  February 3, 2017

Makeena Inc. acquires CommonKindness website

BOULDER — Makeena Inc., a Boulder-based tech firm, said on Friday it has acquired CommonKindness.com, a website that offers free grocery coupons.

Financial terms of the deal were not disclosed.

CommonKindness.com, based in Sausalito, Calif., eliminates coupon loading and change costs, charging brands only for coupons redeemed. It donates 20 percent of revenue generated by advertising fees to nonprofit organizations of the shopper’s choice.

Makeena, a tech platform that connects natural-products brands to shoppers, acquired the website’s intellectual property, a repository of more than 150 leading brands and a network of 11.5 million monthly…

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