GrnMeta, Inc., a Dover, DE-based environmental organization that created Terum, a social app to save the planet, raised $500K in Seed funding.
The backers were not disclosed.
The company intends to use the funds to accelerate growth and expand into new markets.
Led by Garrett Riggio (CMO), Julia Marhan (CEO), Steffen Reckert (CVO), Terum provides an app to connect users locally and globally to build communities that share the same vision. Users can share their passion and information through content and connection. The app has features that allows people to become a green influencer, provide daily reminders to help make the world greener, and also to read reviews on certain products and services in order to find sustainable alternatives and recommendations with no effort.
TERCOINS will be earned by organizations and individuals through challenges and activities aligned with sustainability and regenerative living, giving everybody a chance to access sustainable products.