Prizeout Closes $25M Series B Funding
- Prizeout, a New York-based adtech company, raised $25M in Series B funding
- Backers included Precept Capital and Mark Cuban, Continental Investment Partners, Astralis Capital, RiverPark Ventures, and Anchor Capital
- The company intends to use the funds to increase the reach of its B2B2C offering, advance product innovation, and strengthen headcount to support growth initiatives
- The company is an ad-tech company that works within the gaming, neobank, crypto, gig economy, payroll & finance industries to turn withdrawals into a growth solution for e-commerce & retail businesses
- The company has secured partnerships with 1,000s of national and local brands through gift card partnerships, point of sales, and proprietary gift card technology