Prizeout
Latest round
- Series B
Last raised
- Mar 2022
Total raised
- $25M
Investors
- 5
About Prizeout
Prizeout Corp., founded in 2019 in New York, US, specializes in cashback rewards programs designed for financial institutions.Prizeout offers a suite of innovative products designed to enhance customer engagement through rewards and instant cashback solutions. Their core offerings include a cashback rewards program that integrates seamlessly with online banking platforms, allowing institutions to provide their customers with immediate financial incentives for everyday shopping and significant milestones. This program is tailored to align with the branding guidelines of partner organizations, ensuring a cohesive user experience. Prizeout serves a diverse clientele, primarily consisting of financial institutions and their customers across various geographical markets, including the United States and Canada.Prizeout generates revenue through a transactional model where financial institutions earn a percentage on each transaction processed via their cashback rewards platform. This model is structured to benefit both the institutions and their customers, as it incentivizes spending while providing immediate rewards. The revenue is primarily derived from partnerships with banks and credit unions, who leverage Prizeout’s technology to enhance their service offerings. Specific transaction structures may include B2B arrangements where financial institutions integrate the service into their platforms, enabling direct access for consumers seeking cashback rewards.Prizeout Corp. The company is focusing on entering new geographic markets, particularly in the Canadian region, where they aim to establish a presence by the end of 2023.
Who invested in Prizeout
5 investors across 1 round
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Funding rounds
Series B
Mar 31, 2022
Amount
$25M
Investors
Questions about Prizeout
Who invested in Prizeout?
Prizeout has 5 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 Prizeout raised?
Prizeout has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Prizeout last raise money?
Prizeout's most recent round on record is a Series B, in Mar 2022.
What does Prizeout do?
Prizeout is a marketing/advertising company.
Where is Prizeout headquartered?
Prizeout is headquartered in New York, US.
Which VCs invest in companies like Prizeout?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back marketing/advertising companies at Prizeout's stage. Their profiles are linked below.
VCs backing marketing/advertising startups at Series B
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