Tech Company Financing Transactions
Claim Funding Round
Claim, based in Boston, secured $12 million from VMG Partners, Lightbank and Sequoia Capital.
Transaction Overview
Company Name
Announced On
10/9/2024
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to: Grow the team building out engineering, marketing, and operations to support rapid scaling and product development. Expand its merchant network adding more brands across industries. Reach new markets with near-term focus expanding on college campuses and begin off-campus expansion into major cities across the United States.
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
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