SocialVest Inks Series A

Online cause-based shopping platform SocialVest has raised more than $1 million in Series A financing, the company announced Thursday. Bluff Point Associates led the round, which will help the Atlanta-based start-up bolster its development efforts. The company provides a free service that rewards users with cash back for purchases from online and brick-and-mortar retailers. Users can then donate the money to various non-profits. The company launched in September and previously inked $500,000 in seed money.

16 June 2011•3 mins read
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