{"id":4843,"date":"2024-01-02T11:35:00","date_gmt":"2024-01-02T16:35:00","guid":{"rendered":"https:\/\/www.funded.com\/blog\/?p=4843"},"modified":"2024-01-02T12:37:50","modified_gmt":"2024-01-02T17:37:50","slug":"claim-funded-4m-for-innovative-reward-based-social-networking-platform","status":"publish","type":"post","link":"https:\/\/www.funded.com\/blog\/2024\/01\/claim-funded-4m-for-innovative-reward-based-social-networking-platform\/","title":{"rendered":"Claim Funded $4M for Innovative Reward-Based Social Networking Platform"},"content":{"rendered":"
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\"Reward\"<\/a><\/figure><\/div>\n\n\n

<\/p>\n\n\n\n

Claim, a San Francisco, CA-based Operator of a social application intended to turn brand discovery into a fun and social app experience. The company offers cash-back, exclusive access to events, and free merchandise<\/a> just by shopping at a favorite brand. It lets customers share benefits with their friends by gifting and trading reward<\/a>.<\/p>\n\n\n\n

The Claim was funded $4 million led by Sequoia Capital with participation from Susa Ventures, BoxGroup, 6th Man Ventures, Reflexive Capital, A* Capital, GSW Ventures, The Kraft Group, Theia, Luke deWilde, and many other angel investors<\/a>.<\/p>\n\n\n\n

The company plans to use the new funding to hire fresh talent and grow its eight-person team over the next year. Claim will also use the funding to focus on testing and learning from an engineering perspective before expanding into new markets.<\/p>\n\n\n\n

Founded in 2021, Claim has quickly gained attention with its innovative approach to social networking. Unlike traditional platforms, Claim integrates a reward-based system<\/a> that allows users to earn points through engagement and interactions. These points can be traded among friends or redeemed for various services and products within the platform.<\/p>\n\n\n\n

The idea behind Claim is simple yet transformative. Users earn points by creating content, engaging with others’ posts, or participating in community activities. These points act as a virtual currency within the platform, fostering a sense of accomplishment and incentivizing positive interactions.<\/p>\n\n\n\n

Claim’s unique model could alter the landscape of social media engagement. CEO and co-founder Sam Obletz said they’re shifting the focus from passive scrolling to active, rewarding participation. Their platform is designed to make social media interactions more meaningful.<\/p>\n\n\n\n

How Claim Stands Out<\/p>\n\n\n\n

Reward System:<\/strong> Unlike any other social media platform, Claim rewards users for their engagement.<\/p>\n\n\n\n

Community Building:<\/strong> Encourages users to participate and contribute to their communities actively.<\/p>\n\n\n\n

User Experience:<\/strong> Focuses on positive and constructive interactions.<\/p>\n\n\n\n

Flexibility:<\/strong> Users control how they use and distribute their earned points.<\/p>\n\n\n\n

The concept has already stirred interest in the tech community. Market analysts predict that Claim’s model could introduce a new wave of social media platforms prioritizing active user engagement and tangible rewards.<\/p>\n\n\n\n

As Claim moves forward with its innovative approach, it’s clear that the social media landscape might be on the brink of a significant transformation. This funding marks a milestone for the company and potentially for the entire industry, paving the way for a more interactive and rewarding social networking experience.<\/p>\n\n\n\n

By: K. Tagura<\/p>\n\n\n\n

<\/p>\n\n\n\n

Author statement:<\/p>\n\n\n\n

Who we are:\u00a0InvestorsFunded.com<\/a>\u00a0is a platform that is A+ BBB accredited over 10+ years. Access our network of Angel Investors, Venture Capital or Lenders. Let us professionally write your\u00a0Business Plan<\/a>.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n
\"\"<\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"

\"Reward\"<\/p>\n

Claim, a San Francisco, CA-based Operator of a social application intended to turn brand discovery into a fun and social app experience. The company offers cash-back, exclusive access to events, and free merchandise just by shopping at a favorite brand. It lets customers share benefits with their friends by gifting and trading reward.<\/p>\n

The Claim was funded $4 million led by Sequoia Capital with participation from Susa Ventures, BoxGroup, 6th Man Ventures, Reflexive Capital, A* Capital, GSW Ventures, The Kraft Group, Theia, Luke deWilde, <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[81],"tags":[6],"class_list":["post-4843","post","type-post","status-publish","format-standard","hentry","category-angel-investors","tag-business-funding"],"yoast_head":"\nClaim Funded $4M for Innovative Reward-Based Social Networking Platform<\/title>\n<meta name=\"description\" content=\"Free merchandise just by shopping at a favorite brand. 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