Tech Company Financing Transactions
Fondue CashBack Funding Round
Hanaco Venture Capital, Quiet Capital and Gaingels participated in a $10.5 million Seed funding round for Fondue CashBack. The funding round was announced on 9/19/2022.
Transaction Overview
Company Name
Announced On
9/19/2022
Transaction Type
Venture Equity
Amount
$10,500,000
Round
Seed
Investors
Proceeds Purpose
The company plans to use this round to scale up product development, expand its offline CashBack channel, and accelerate its go-to-market strategy.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
115 Central Park West Apartment 12K
New York, NY 10023
USA
New York, NY 10023
USA
Phone
Undisclosed
Website
Email Address
Overview
Fondue helps Brands drive profitable growth with CashBack. Seamlessly brand-embedded, CashBack replaces discount codes and empowers shoppers to choose the incentive that means the most to them. Brands are rewarded more conversions, more profit, more engagement, and better cash flow.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Oren Charnoff
Chief Operating Officer
Abraham Lucey
Chief Technical Officer
William Herlands
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