# TAP Network Holdings

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tap-network-holdings

- Industry: Internet
- Headquarters: New York, US
- Website: www.tapnetwork.io
- Total disclosed funding: $4M
- Latest round: Series A (Dec 18, 2020)
- Investors on record: 5

## About

TAP Network Holdings Inc. is a digital advertising and promotional solutions company that leverages blockchain technology to enhance loyalty programs and consumer engagement across diverse sectors.Founded in 2017, TAP Network Holdings Inc. is based in New York, US and specializes in digital advertising and loyalty solutions. The company has engaged in one significant deal, securing Series A funding of USD 4.000 mn on December 18, 2020, which was supported by investors including Access Industries, Forbes Family Trust, Nima Capital, Revelis Capital Group, and Warner Music Group Corp. The founder, Lin Dai, has a background in entrepreneurship, and while specific details about other companies he founded are not available, his leadership has been crucial in shaping TAP Network's direction.TAP Network offers a comprehensive suite of digital advertising and promotional solutions aimed at enhancing brand-consumer engagement. With a focus on blockchain technology, the company provides loyalty programs and rewards systems designed to improve efficiency and transparency in traditional loyalty schemes. Their offerings cater to both B2C and B2B markets, serving a diverse range of clients in retail, e-commerce, and hospitality across North America and Europe.TAP Network generates revenue through a multifaceted model that includes subscriptions, partnerships, and direct transactions with clients. Businesses utilize the platform's promotional tools and loyalty systems through annual or monthly subscription agreements, which feature a tiered pricing structure based on user or transaction quantities. Key offerings include a trademarked loyalty management software that delivers insights into consumer behavior and engagement metrics, with brands paying service access fees to promote consistent consumer interaction and loyalty.Following its recent funding of USD 4.000 mn in Series A from various investors, TAP Network aims to expand its product offerings and market presence. The company is currently developing new digital solutions that are expected to launch in the near future. TAP Network is also planning to penetrate additional geographic markets, particularly in Europe and Asia, by 2022. The funding will support these initiatives, enhancing the company's capacity to innovate and grow its client base.

## Funding rounds

- Series A, Dec 18, 2020, $4M — Access Industries, Warner Music Group Corp., Forbes Family Trust, Nima Capital, Revelis Capital Group

## Investors

- Access Industries (https://capitalatlas.ai/funds/access-industries) — Series A
- Warner Music Group Corp. — Series A
- Forbes Family Trust — Series A
- Nima Capital — Series A
- Revelis Capital Group (https://capitalatlas.ai/funds/revelis-capital-group) — Series A