Bonusly Obtains $1,000,000 Seed Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=23e9ad87-29f1-4ec5-ba8e-b5ef6e7c861c
Date
12/3/2014
Company Name
Bonusly
Mailing Address
Undisclosed Brooklyn, NY 11231 USA
Company Description
Bonusly helps companies reward and motivate employees using peer bonuses. It helps boost team motivation with regular positive feedback, recognize top performers with timely peer bonuses and awards, and reward teams precisely by leveraging peer-to-peer interactions to create an effective incentive program.
Website
http://www.bonus.ly
Transaction Type
Venture Equity
Transaction Amount
$1,000,000
Transaction Round
Seed
Proceeds Purposes
The capital will be used for personnel hiring and to build out its platform.
M&A Terms
Venture Investor
Venture Investor