Salt Labs, a New York-based loyalty and payments technology company, raised $10M in Pre-Seed funding.
The round was led by Fin Capital with participation from Anthem Venture Partners. Logan Allin, Managing Partner and founder of Fin Capital, is also joining the Board of Directors.
The company intends to use the funds to accelerate growth and expand operations.
Led by Jason Lee and Rob Law, Salt Labs provides a workers reward program that gives users the power to earn more than their paycheck. For each hour they work, workers earn Salt which enables them to enjoy experiences, share their gratitude with others, and build asset ownership over time.
An initial version of the product is meant to launch next month.
The company also announced today that media veteran Gary Ginsberg has joined Salt Labs as a board advisor.
FinSMEs
30/03/2023