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Bitcoin (BTC) shopping reward platform Lolli completes $10 million financing


Bitcoin (BTC) shopping reward platform Lolli completes $10 million financing
Bitcoin (BTC) shopping rewards app Lolli announced today that it has closed its $10 million Series A financing led by early Chime backer Acrew Capital.
This round of financing also includes: Banana Capital, Up North Management and Animal Capital, the latter is a venture capital fund focused on Generation Z founded by social media stars Josh Richards, Griffin Johnson and Noah Beck. In addition, this round of financing also includes investment from influential people and entrepreneurs, such as Logan Paul, Chantel Jeffries, LaurDIY’s Lauren Riihimaki, Kenny Beecham and Baron Davis.
In addition, the salary increase also includes renewed commitments by many of Lolli’s early investors, including Alexis Ohanian’s 776, 3K VC, Gabriel Leydon and Forerunner Ventures. ....

Alexis Ohanian , Laurdiy Lauren Riihimaki , Chantel Jeffries , Josh Richards , Alex Adelman , Baron Davis , Kenny Beecham , Logan Paul , Noah Beck , Gabriel Leydon , Matt Senter , Griffin Johnson , Banana Capital , Animal Capital , சன்டேல் ஜெஃப்ரீஸ் , ஜோஷ் ரிச்சர்ட்ஸ் , பரோன் டேவிஸ் , கெண்ணி பீச்சம் , லோகன் பால் , நோவா பெக் , கேப்ரியல் லெய்டன் , மேட் அனுப்புநர் , கிரிஃபின் ஜான்சன் , விலங்கு மூலதனம் ,

Lolli Raises $5M in Pre-Series Funding


Backers included Seven Seven Six
, Night Media, Serena Ventures, Casey Neistat, Phil Defranco, Cody Ko, Noel Miller, Ian Borthwick, and Gabriel Leydon. This funding followed a previous $3m seed round led by PathFinder, Founders Fund’s early-stage investment vehicle, and included Ashton Kutcher and Guy Oseary’s Sound Ventures, Michelle Phan, Digital Currency Group, and Bain Capital.
The company is using the funds to continue to develop its mobile app and expand internationally.
Founded in 2018 by Matt Senter and Alex Adelman, Lolli gives users free bitcoin when they shop at top retailers. The company currently offers up to 30% and an average of 7% bitcoin-back rewards at more than 1,000 top retailers and Fortune 500 companies like Kroger, Best Buy, Nike, and Ulta. Lolli users have earned more than $3 million in bitcoin rewards to date. ....

Noel Miller , Ashton Kutcher , Casey Neistat , Ian Borthwick , Alex Adelman , Michelle Phan , Phil Defranco , Gabriel Leydon , Cody Ko , Matt Senter , Founders Fund , Digital Currency Group , Best Buy , Seven Six , Knight Media , Serena Ventures , Guy Oseary , Sound Ventures , நோயல் மில்லர் , ஆஷ்டன் குட்சர் , ஈயந் போர்த்விக் , மைக்கேல் ஃப்யாந் , பில் டேபிரான்க்கோ , கேப்ரியல் லெய்டன் , கோடி கோ , மேட் அனுப்புநர் ,