Roozt.com, a Los Angeles, CA-based Internet platform designed to connect cause-conscious brands with Gen Y 18-35 year old online shoppers, has completed a $250k seed funding round from undisclosed angel investors.
The company received additional strategic investment from Causecast, a leader in the cause-integration space, representing clients such as Virgin Mobile, AARP, Toyota and Paramount, and The Huffington Post.
Led by CEO and Co-Founder Brent Freeman, Roozt.com is leveraging the fast growth of cause-conscious business in the United States, to enable customers to buy products from socially-responsible companies.
Launched 6 months ago, the site offers daily deals from these businesses to over 50,000 members.
Launched 6 months ago, the site offers daily deals from these businesses to over 50,000 members.
The company recently launched the “Roozt Cause” program: each month the site features a new cause, such as Water, Education, Hunger, or Environment that will be the direct beneficiary of customer purchase donations.
Roozt olso operates satellite offices in San Francisco and New Orleans.
FinSMEs
22/04/2011