Dosh operates a card-linked cashback platform that returns money to users when they make purchases with linked payment cards at partner retailers and brands. The app has distributed about $50M in cashback to users, has roughly 3 million card-linked subscribers, and works with more than 150,000 retailers and brands. Partners and integrations include consumer retailers such as Nike, Toms, Gap, Walgreens, Walmart and Jack in the Box, and payment networks like Visa and Mastercard. Dosh generates revenue by taking a cut on each transaction, though it does not disclose the percentage. The company plans to invest in technology to make offers more targeted and to increase rewards that change consumer purchase behavior. It is currently only operating in the U.S., with international expansion likely in 2020 either organically or via acquisition. Dosh is a card-linked cash-back app that links users' payment cards to deliver automatic cashback at integrated retailers. The company has paid out $25 million to roughly 3 million users since its 2016 founding and claims to be the largest card-linked cash-back network in the U.S. Retail partners cited include Sam's Club, Forever 21, Cost Plus World Market, Target, Mattress Firm, Papa John's, U.S. Polo Assn., Chili's and Payless ShoeSource. Dosh maintains direct integrations with Visa, Mastercard and American Express, has developed its own merchant integration IP, and also works with aggregators such as Rewards Network, Empyr and iDine. The company says it monetizes by taking a percentage on transactions. Dosh currently operates only in the U.S. and plans over the next three years to scale to 1 million merchant "doors". Dosh is an app that finds cash for consumers and helps businesses acquire and retain customers. The company connects consumer cash-finding functionality with business customer-acquisition and retention tools. Dosh has raised $4.9 million in funding, according to a source familiar with the transaction. Goodwater Capital led the round. Extol Capital and Next Coast Ventures participated in the financing. The article does not provide details on valuation, terms, or use of proceeds. Dosh has developed a consumer app, mobile wallet, and merchant platform that integrates a cash-back offers ecosystem tied to secured credit and debit cards. The technology enables consumers to receive cash back automatically from more than 100,000 merchants and brands while shopping, dining, and traveling. The company intends to use the new capital to further enhance the platform and drive merchant expansion and customer acquisition during launch. Dosh is entering private beta. The company has raised $2M in this seed funding and has now raised more than $6M in total funding. Leadership includes Ryan Wuerch and a team of named executives across product, technology, commercial, finance, and operations.

Total raised

$91M

Funding rounds

5

Latest round

Debt Financing

Latest activity

Jan 2019