Social Change Rewards nets $2 mln in Relay Ventures-led financing

Toronto-based Social Change Rewards, a wellness rewards platform, has secured $2 million in its latest funding round. Canadian venture capital firm Relay Ventures led the deal and was joined by Lumira Capital, Epic Capital Management, Primary Capital and a number of private investors. Social Change Rewards is a developer of mobile solutions for delivering loyalty rewards that encourage healthier lifestyle choices on a mass scale. Co-founded by CEO Andreas Souvaliotis and President Elizabeth Frank, the company has previously received support from governments, non-governmental organizations, and the private sector. It is exploring new opportunities in the United States and the United Kingdom.

25 November 2015•4 mins read
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