FlipGive Raises CAD$5M Financing Round
Summary
The company intends to use the funds to further grow its direct-to-consumer app across North America, and to scale its new white label embedded cashback rewards shopping platform. Led by Amy Halpenny, CEO, FlipGive provides a white label embedded cashback rewards shopping platform that enables companies in sportstech, schooltech, and causetech verticals to embed a fundraising-via-cash-back model into their offering. This enables a new source of revenue for sportstech, schooltech, and causetech companies. The company, a certified Beneficial Corporation (B-Corp), simplifies youth sports fundraising. With over 800 brand partners, a percentage of every dollar shoppers spend via FlipGive goes directly to the team as a cashback reward.
Funding
Amount
$5.0M
Total raised
Date
August 31, 2023
Announcement date
Investors
-
Lead investors
Company
http://flipgive.com
Funded company
Classifications
industries
No industries detected
applications
Engineering & Scientific
AskAI Classifications
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