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The Bounty App: Closes $5M Seed Funding | Fintech InShorts: Latest fintech news, analysis by experts
Monday, December 23, 2024

The Bounty App: Closes $5M Seed Funding

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

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