How Much Did Claim Raise?
Funding & Key Investors

Claim, an innovative app focused on local restaurant discovery and cash-back rewards, has secured a significant enterprise-level funding round, with recent backing amounting to $12M. This latest capital infusion, part of a larger $12M in total funding, signals a major strategic investment aimed at scaling the platform's reach and enhancing its user experience. The company's trajectory suggests a strong growth phase, leveraging this new financing to expand its market presence and refine its personalized dining solutions.

What is Claim?

Claim
SoftwareMobile App DevelopmentAdvertising Networks

Claim is a dynamic application designed to revolutionize the way users discover and engage with local dining establishments. By offering personalized restaurant recommendations based on user preferences and past dining habits, Claim aims to connect food enthusiasts with experiences they are likely to love. A key differentiator is its cash-back reward system, incentivizing users to explore new venues. The platform further enhances social dining through features like reward trading and group visit coordination, positioning itself as a comprehensive tool for both diners and restaurants seeking to increase engagement and foot traffic.

How much funding has Claim raised?

Claim has raised a total of $12M across 1 funding round:

2024

Series A

$12M

Series A (2024): $12M with participation from VMG Partners, Susa Ventures, and Sequoia Capital

Key Investors in Claim

VMG Partners

VMG Partners is a growth equity and private investment firm that backs innovative consumer brands and enabling technologies, pairing capital with hands on support so founders can scale products, services and experiences that redefine how people live, eat, move and care for themselves.

Susa Ventures

Susa Ventures is an early-stage venture capital firm that invests in seed-stage startups, aiming to help build the next billion-dollar companies. Since its inception in 2013, the firm has partnered with over 100 startups, with 10% achieving unicorn status.

Sequoia Capital

Sequoia Capital in India manages funds capitalized at close to USD 1.4 billion and invests across venture, growth, and late stage opportunities, taking a long-term view and playing the role of an active, value-added partner to entrepreneurs.

What's next for Claim?

With the recent major strategic investment, Claim is poised for significant expansion and feature enhancement. The substantial capital raised will likely fuel initiatives to broaden its restaurant network, deepen its user base through targeted marketing campaigns, and further develop its reward and social features. The company's focus on personalized dining experiences and user incentives, supported by this latest financing, indicates a strategic push to capture a larger share of the local dining market and solidify its position as a leader in the restaurant discovery and rewards sector.

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Frequently Asked Questions Regarding Claim Financial Insights

What are the most recent funding rounds that Claim has completed, and what were the funding rounds?
Claim has recently completed 1 funding rounds: Series A on Oct 8, 2024.
What is the total amount of funding Claim has raised to date?
Claim has raised a total of $12M in funding to date.
How many funding rounds has Claim completed?
Claim has completed 1 funding rounds.
How much funding did Claim raise in its most recent funding round?
Claim raised $12M in its most recent funding round.
Who are the lead investors in Claim's latest funding round?
The lead investor in Claim's latest funding round was VMG Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Claim's history?
The largest funding round in Claim's history was $12M.
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