Tech Company Financing Transactions
Claim Funding Round
Claim, based in Boston, received $4 million from Sequoia Capital.
Transaction Overview
Company Name
Announced On
12/20/2023
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Undisclosed
Investors
Sequoia Capital (Lead Investor)
Proceeds Purpose
As for the new funding, the company plans to use it to hire new talent and grow its eight-person team over the next year. Claim will also use the funding to focus on testing and learning from an engineering perspective before expanding into new markets.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
125 Western Avenue
Boston, ME 02163
USA
Boston, ME 02163
USA
Phone
Undisclosed
Website
Email Address
Overview
Operator of a social application intended to turn brand discovery into a fun and social app experience. The company offers cash-back, exclusive access to events, and free merchandise just by shopping at a favorite brand, enabling customers to share benefits with their friends by gifting and trading rewards.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sam Obletz
Chief Technical Officer
Tap Stephenson
Browse more venture capital transactions:
Prev: 12/20/2023: Farmstead venture capital transaction
Next: 12/20/2023: Soum venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs