What is CHANGE?
Based in San Francisco, CA, CHANGE operates at the intersection of retail technology and social engagement. The company provides a platform designed to enhance customer interaction and build community around retail brands. By leveraging technology, CHANGE aims to bridge the gap between online and offline retail experiences, fostering deeper connections between consumers and businesses. Its focus on social engagement positions it as a key player in the evolving retail ecosystem, where personalized experiences and community building are increasingly vital for brand loyalty and growth.
How much funding has CHANGE raised?
CHANGE has raised a total of $5.8M across 2 funding rounds:
Other Financing Round
$750K
Angel/Seed
$5M
Other Financing Round (2020): $750K with participation from Humans Ventures, Kittu Kolluri, and GC&H
Angel/Seed (2022): $5M led by New Enterprise Associates and Freestyle
Key Investors in CHANGE
New Enterprise Associates
New Enterprise Associates (NEA) is a venture capital firm established in 1977, headquartered in Menlo Park, California, known for its focus on helping entrepreneurs build businesses.
Freestyle
Freestyle VC is an early-stage venture capital firm that invests in technology companies, often leading seed investments and providing strategic guidance to founders.
Humans Ventures
Humans Ventures is an investor participating in the funding round for CHANGE.
What's next for CHANGE?
With a recent major strategic investment and a history of enterprise-level backing, CHANGE is poised for significant scaling. The company's focus on integrating social engagement into the retail technology sector suggests a strategic push towards enhancing customer loyalty and driving sales through community-driven initiatives. Future developments are likely to involve expanding its platform capabilities, forging new partnerships within the retail industry, and potentially exploring new markets. The substantial capital raised indicates confidence from investors in CHANGE's business model and its ability to disrupt traditional retail engagement strategies.
See full CHANGE company page