Austin, Texas based cash back startup Dosh has raised $2m in Series Seed funding led by undisclosed investors. Dosh is a free new app that finds cash for consumers when they use their credit and debit cards while shopping, dining out, and traveling.
Currently, Dosh is entering private beta, where thousands of consumers will receive the cash back promise of the platform. The innovative commerce platform, the rapid integration of tier one merchants and global brands, plus launch partners who will engage more than 40 million of their consumers, prompted private equity firms and high net-worth individuals to invest in the most recent seed round of funding. "Our executive team has been instrumental in bringing Dosh to market and attracting high-caliber investors to the company," said Ryan Wuerch, founder and executive chairman of Dosh. "The expertise we have across many different verticals has enabled us to develop a first-of-its-kind app and technology ecosystem. Every day, we are focused on delivering market-first technology that will drive billions of dollars back to consumers."