The Bounty App Closes $5M Seed Funding
- Bounty, a Los Angeles, CA-based provider of a Shopify app that helps creators earn unlimited cash back for engagement on TikTok, closed on a $5m seed funding round
- The round, which brought the total amount raised to $6.777m, was led by M13 with participation from existing investors Sugar Capital and Interlace Ventures
- The company intends to use the funds to expand operations, hiring for its engineering, design, and marketing departments, and increase the velocity of product development
- The company is a Shopify app that turns creators into video marketing machines
- The technology provides a platform for creators to earn unlimited cash back for engagement while brands can then license the videos for paid media