Bye bye, bootstraps: PerkSpot raises $50M to grow its team and platform
Summary
The company, whose technology lets employers offer retail discounts as a benefit, announced on Wednesday that it has raised $50 million from Susquehanna Growth Equity. “We are excited to partner with SGE, who share our vision and growth aspirations for PerkSpot,” said founder and Executive Chairman Chris Hill in a statement. “In leveraging SGE’s capital and deep expertise, we will continue expanding the service we provide to millions of employees.” When a company joins PerkSpot’s platform, their employees get access to exclusive discounts from a wide variety of companies, including Apple, Target and Sprint. “The key to our success thus far has been attracting top talent that are committed to winning the right way and putting our clients first,” said CEO Jace Mouse in a statement. Susquehanna Growth Equity also led another one of the year’s largest funding rounds: Evive’s $43 million raise that saw the health tech company also officially lose its bootstraps.
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