Bridge Money, a Chicago, IL-based fintech company, raised $5.8M in Seed funding.
The round was led by TMV, with participation from Founder Collective, Kapor Capital, Acumen America, Bread & Butter Ventures, Revolution’s Rise, Plug and Play Ventures, Basecamp Fund, Ulu Ventures. The seed round follows commitments from prominent angel investors including Margo Georgiadis, former Discover Card CMO and Ancestry.com CEO; Abhi Dhar, CTO of TransUnion; Daren Cotter, Founder and CEO of InboxDollars; Aaron Rankin, CTO of Sprout Social; and Todd E. Benson, former Head of Private Equity at Citigroup, among others.
The company intends to use the funds to execute its next phase of development and expansion, including adding to its line up of in-app money making opportunities, sourcing and executing additional third-party partnerships, and growing its roster.
Founded in 2019 by Lalit Janak and David Wright,, Bridge Money is a fintech company focused exclusively on boosting the asset side of the ledger for over 100 million low-to-middle income consumers. Members earn money by linking an existing debit card or bank account in the app and sharing consented and anonymized data with third-party businesses through various in-app money making activities, such as cashback, surveys, ad viewing, referrals, and raffles, among others.
Since its founding in 2019, Bridge has partnered with financial services platforms, including Plaid, Unit, and Visa to power its unique product offering.