Poinz
Latest round
- Seed
Last raised
- May 2019
Total raised
- $1M
Investors
- 2
About Poinz
Founded in 2012 in Zurich, Switzerland, Poinz AG focuses on providing a cashback system that connects consumers with popular brands.Poinz AG offers a comprehensive cashback platform that enables users to earn cashback on purchases from over 400 partner brands, both online and in physical stores. Their primary service revolves around directing customers to official online shops, earning commissions on transactions, a significant portion of which is returned to users as cashback. Poinz also provides digital vouchers, a credit card service for global cashback, and a browser extension for simplified online cashback earnings.Poinz AG generates revenue mainly through partnerships with various retailers and brands that pay commissions for transactions made on their platform. This B2C model allows users to earn cashback directly on their purchases, while B2B transactions arise from partnerships that increase traffic and sales for brands. The company aims to develop new products aimed at improving user engagement and is exploring potential expansions into new geographic regions beyond Switzerland. Specific timelines for these initiatives or the targeted markets have not been disclosed yet, but the focus remains on utilizing the fresh capital to support these growth strategies.
Who invested in Poinz
2 investors across 1 round
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Funding rounds
Seed
May 13, 2019
Amount
$1M
Investors
Questions about Poinz
Who invested in Poinz?
Poinz has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Poinz raised?
Poinz has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Poinz last raise money?
Poinz's most recent round on record is a Seed, in May 2019.
What does Poinz do?
Founded in 2012 in Zurich, Switzerland, Poinz AG focuses on providing a cashback system that connects consumers with popular brands.
Where is Poinz headquartered?
Poinz is headquartered in Zurich, Switzerland.
Which VCs invest in companies like Poinz?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at Poinz's stage. Their profiles are linked below.
VCs backing software startups at Seed
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