Claim
Providing benefits to friends and family, earning rewards, and sharing those rewards with others.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor | €0.0 | round | |
| investor investor investor investor investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
* | $12.0m | Series A | |
| Total Funding | 000k | ||
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A social application that allows users to discover brands, earn cash back for trying new products, and share benefits with friends. The company is focused on acquiring Gen Z customers for merchants and brands, delivering them new customers with zero acquisition costs. Claim is currently live in 10 cities across the US, including Atlanta, Austin, Boston, Chicago, Dallas, Houston, Los Angeles, New York, Philadelphia, and Washington D.C.
The business model is based on connecting Gen Z with exclusive weekly rewards and experiences with friends. The application acts as a social network based on benefits, allowing users to get paid to eat and shop at various spots in their city. By offering cash-back Drops, Claim incentivizes users to visit new places and try new products, which in turn drives customer acquisition for the participating businesses.
Keywords: customer acquisition, social commerce, cashback rewards, Gen Z marketing, brand discovery, mobile application, loyalty program, social shopping, user engagement, local businesses