| Website | freemonee.com |
| Category | Other |
| Employees | |
| Founded | 6/09 |
| Description | National gift network |
| TOTAL | $11M |
| VENTURE FUNDING TOTAL | $11M |
| Series A, 1/10 Opus Capital Redpoint Ventures Sutter Hill Ventures Pinnacle Ventures The Contrarian Group | $11M |
FreeMonee is the world’s first national gift network – we connect millions of credit and debit cardholders from the world’s largest financial institutions with national and local merchants.
The merchants offer FreeMonee gifts – cash incentives – to individual cardholders through their financial institutions.
FreeMonee gifts function like a gift card on an individual’s debit or credit card, allowing consumers to purchase anything they want with the designated merchant, with no strings attached. FreeMonee anonymously matches consumers to the gifts using their proprietary Adaptive Matching Technology that analyzes card transaction data to identify the highest value consumers for merchants.
FreeMonee’s AMT engine lives within the firewall of the financial institution, which means neither FreeMonee nor the merchants ever have access to a cardholder’s personal information. Consumer privacy is maintained at all times.
