Bounty, a Los Angeles, CA-based supplier of a Shopify app that helps creators earn limitless money again for engagement on TikTok, closed on a $5m seed funding spherical.
The spherical, which introduced the whole quantity raised to $6.777m, was led by M13 with participation from present buyers Sugar Capital and Interlace Ventures in addition to founders and executives from Rothy’s, Fabletics, Stack Commerce and extra.
The corporate intends to make use of the funds to develop operations, hiring for its engineering, design, and advertising departments, and improve the speed of product growth.
Led by Abe Wolke, founder and CEO, Bounty is a Shopify app that turns creators into video advertising machines. The know-how gives a platform for creators to earn limitless money again for engagement whereas manufacturers can then license the movies for paid media.