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

Less than 1 min.Read

The Bounty App: Closes $5M Seed Funding

By Steve Sam

August 5, 2022

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