Shooger, a Miami, Florida-based mobile community-powered loyalty network, has raised $5m in its first venture capital funding from Hudson Capital Group.
The company intends to use the funds to expand its sales and marketing efforts. After launching in Miami, it plans to expand in other cities.
Co-founded by Alex Stancioff (CEO), Donick Cary and Milen Mishkovsky (President), Shooger is focused on building engagement between local shoppers and merchants, through the creative use of crowd-sourced content and loyalty focused deals.
It gives users the ability to get access and share local deals with the growing network community and offers merchants a platform to communicate with users to build better engagement and loyalty.
The free Shooger app is available on iPhone, with Android and BlackBerry versions coming soon.
FinSMEs
28/07/2011