Jackpot Rewards is a site that mixes retail discounts, giveaways, and charity. It is a for-profit company that will give 50 percent of its profits to education and children’s health charities.

Users sign up and get up to 10 percent cash back for purchases at 550 retailers, including Apple, Barnes & Noble, Best Buy, Land’s End and Target. The company does not make money by sales to the retailers but gives the commission for each sale back to the member at a higher rate than most sites. To participate, users need to subscribe and pay $3 a week. Users are then also entered into weekly Jackpot drawings.

Milestones
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JackPot Rewards received $16.7M in Series A funding. (2/1/08)

Posted 2/19/08 at 9:41pm
JackPot Rewards added Ron Rainville as VP, Systems and Technology.

Posted 3/19/08 at 1:20pm
JackPot Rewards added Dave Eggers as VP, Finance.

Posted 3/19/08 at 1:21pm
JackPot Rewards added Chris Keyes as VP, Business Development.

Posted 3/19/08 at 1:21pm
JackPot Rewards added Ken Keyes as VP, Operations and Marketing.

Posted 3/19/08 at 1:19pm
JackPot Rewards added Jim Miller as CEO.

Posted 2/19/08 at 9:39pm
JackPot Rewards added Matt Connon as VP, Corporate Development and General Counsel.

Posted 3/19/08 at 1:21pm