Prizeout, a New York-based adtech company, raised $25M in Series B funding.
Backers included Precept Capital and Mark Cuban, Continental Investment Partners, Astralis Capital, RiverPark Ventures, and Anchor Capital.
The company intends to use the funds to increase the reach of its B2B2C offering, advance product innovation, and strengthen headcount to support growth initiatives.
Founded in 2019 and led by CEO David Metz, Prizeout is an ad-tech company that works within the gaming, neobank, crypto, gig economy, payroll & finance industries to turn withdrawals into a growth solution for e-commerce & retail businesses. Through its exclusive partnerships, Prizeout offers users access to bonus offers on brand favorites while providing them with a fast, secure and curated experience.
On the merchant side, the company has secured partnerships with 1,000s of national and local brands through gift card partnerships, point of sales, and proprietary gift card technology.
