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Social Rewards Gets $600K

socalTECH

Los Angeles-based Social Rewards , which operates an online, loyalty program which rewards users for social media activity for brands, has raised $600,000 in a seed funding round. The firm's service gives customers loyalty points for using Twitter, Facebook, Foursquare, and YouTube.

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Angel Funding Advice

Both Sides of the Table

At an angel round you can get away with no market validation. release out the door and get some customers using it, or friendly people piloting it then at least there is some validation to the product and some people to speak to about their experiences. So I don’t think you can say a group like Tech Coast Angels is good or bad.

Angel 291