# StandApp

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/standapp

- Industry: Software
- Headquarters: US
- Website: www.smilesbitcoin.com
- Latest round: Seed (Feb 10, 2022)
- Investors on record: 1

## About

Based in the US, and founded in 2019, StandApp, Inc., doing business as sMiles, is a developer and operator of an online platform, that rewards users with bitcoins for their activities and engagement. The company was co-founded by Ig Berezovsky, and in February 2022, the firm raised seed funding from new investor GMF Capital Partners.

StandApp, Inc. offers a smartphone application that allows users to earn rewards for various activities and engagements such as walking, playing games, shopping, watching videos, as well as completing brand-sponsored tasks. The company offers bitcoin rewards in small fractions called sats, and utilizes ‘lightning network’ technology as its payment channel, allowing users to withdraw their bitcoin to any ‘lightning wallet’. StandApp, Inc. also offers a full backend and API (application programming interface) solution for brands and corporations, assisting them to incorporate bitcoin micropayments and micro-rewards for their customers.

## Funding rounds

- Seed, Feb 10, 2022 — GMF Capital Partners

## Investors

- GMF Capital Partners (https://capitalatlas.ai/funds/gmf-capital-partners) — Seed