Lolli is a leading rewards company that has disrupted the e-commerce industry by offering shoppers free cash and bitcoin rewards when they shop at over 25,000+ top stores such as Adidas, Microsoft, Ulta, and Kroger. Established in 2018, the company's primary objective is to make bitcoin more accessible to all. Merchants pay Lolli for driving sales, and the company reciprocates by sharing these earnings with users, providing cash or bitcoin rewards directly to their Lolli.com wallets. This business model provides a win-win situation for both merchants and users, making it a compelling proposition in the market. Lolli's recent $8.00M Series B investment at 14 December 2023 has drawn significant attention in the investment community. Notable participants in this round include BITKRAFT Ventures, Night Ventures, Bain Capital Ventures, Serena Ventures, SevenSevenSix, Animal Capital, Company Ventures, Logan Paul, Pathfinder, and MZ Web3 Fund. This diverse group of investors not only underscores the company's potential but also signifies confidence in its future growth trajectory. With its headquarters based in the United States, Lolli has positioned itself as a disruptive force within the e-commerce industry. By leveraging its innovative approach to rewards and partnerships with major retailers, the company has established itself as a key player in reshaping how consumers engage with online shopping. As the company continues to pave the way for accessible bitcoin rewards and cashback, its recent investment and strategic investor partnerships serve as strong indicators of its promising future in the market.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series B | $8.00M | 10 | The Spartan Group, Rahul Pagidipati +3 | 14 Dec 2023 |
Series A | $10.00M | 10 | Up North, Logan Paul +5 | 28 Jul 2021 |
Seed Round | $5.00M | 9 | Philip DeFranco, Noel Miller +5 | 24 Mar 2021 |
Seed Round | $3.00M | 10 | Pir Granoff, Pathfinder +2 | 11 May 2020 |
Series A | Unknown | 1 | 17 Jan 2020 |