LocalBonus

Entrepreneurs Roundtable Accelerator // Entrepreneurs Roundtable Accelerator 01/01/12 starting 2012-01-01


Key notes: LocalBonus allows consumers to earn cashback rewards from local merchants using their existing credit and debit cards.

Office address: 10 East 33rd Street, 6th Floor, New York, New York, United States

Description: About Us LocalBonus allows consumers to use their existing credit & debit cards to automatically earn cash back rewards at local businesses. Consumers connect their existing cards to LocalBonus once, and automatically earn points towards cash back rewards with every purchase at over 1,000 different merchants. Participating merchants get an easy way to attract and retain customers without having to offer deals or discounts, no POS integration, and no employee training. They are headquartered in New York City, with merchants in Denver, New York City, Portland, Sacramento, and Seattle. For more information on LocalBonus, contact info@localbonus.com or visit www.LocalBonus.com. How It Works: Sign up on the LocalBonus site and connect your existing credit or debit cards to your account and start shopping at LocalBonus merchants. Points earned from shopping are automatically added to your account whenever you spend money at a LocalBonus merchant. LocalBonus is free to use. Rewards start at 4,000 points ($10 LocalBonus Cash) but the more you save, the more valuable your points become. Members can also earn bonus points through Facebook and Twitter promotions, as well as through the LocalBonus WolfPack. If 5 or more LocalBonus members shop at a merchant on any given day, members will earn double points at that merchant. As of April 2012: 5 cities - NYC, Denver, Portland, Sacramento, Seattle 1,000+ merchants

View details on Crunchbase:

http://www.crunchbase.com/organization/localbonus

$ 1,025,000 over 3 funding rounds.

Angellist Page:

https://angel.co/localbonus


Funding Rounds

Date Name $ Invested Crunchbase link
2013-03-11 debt_financing $ 100,000 Detailed data
2012-08-02 seed $ 900,000 Detailed data
2012-01-09 seed $ 25,000 Detailed data

Investors

Round Date Round Name Investor Crunchbase Link
2012-08-02 seed Actinic Ventures Investor Profile
2012-01-09 seed Entrepreneurs Roundtable Accelerator Investor Profile
2012-08-02 seed Payment Ventures Investor Profile


Contact Jed if you have updated information for LocalBonus

To update the information on funding or number of employees, please do that directly on Crunchbase.


Created: 13-May-2012, 16:18

Last Crunchbase update: 25-Jun-2019, 05:01

Last modified: 09-Mar-2021, 05:01

Country: USA