GetOne Rewards raises $2.5 mln in Series B funding and a term loan

GetOne Rewards, which helps retailers automate marketing, has raised more than $2.5 million in funding. The financing includes Series B capital from lead investors Fulcrum Growth Fund II and Milestone Venture Partners, as well as Atlanta Technology Angels and other private investors. Also, the company got a growth capital term loan from Silicon Valley Bank.

Press Release

On the heels of a successful 2013, GetOne Rewards Inc. announces it has raised more than $2.5 million in funding, including securing its Series B capital from lead investors Fulcrum Growth Fund II, LLC and Milestone Venture Partners. Atlanta Technology Angels and other private investors rounded out the funding round, including some secured from the company’s featured experience at Venture Atlanta. In addition, GetOne received a Growth Capital Term Loan from Silicon Valley Bank. Designed with a merchant-first approach, GetOne’s proprietary software solution for mobile empowers retail establishments to automate their marketing, relationship management and loyalty into one platform.

“Today’s small business owners and multi-unit brand operators do not have the time or resources to create or keep up with local store marketing programs,” says Randy McCoy, CEO of GetOne. “GetOne takes the burden off the business owner, streamlining and integrating in-store and online marketing engines. The program is metric-rich, requires minimal owner maintenance and is always running.”

Through GetOne’s platform, merchants can identify their best customers as well as those with whom they would like to develop stronger relationships. GetOne users can also view trends over any time frame — what locations are performing the best and when while filtering out the clutter. The results are dynamic enough to enable a store owner to examine single store trends and/or the CMO to track companywide or regional behavior as well.

Since its 2010 inception in the Atlanta market, GetOne has grown rapidly to drive loyalty for national and local brands across the US. It has attracted the resources of top management, developers and investors. Their expertise and guidance has made the company flush with both experience and financial resources, ensuring GetOne’s scaling potential in a rapidly changing marketplace.

“We have always exhibited a proactive attitude toward clients’ needs, new technology integration, our outstanding time-to-market and our flexibility in releasing next generation features,” says Jay Jackson, co-founder. “Our merchant-first approach makes us a favorite among our customers. They keep coming back to us, because they know we have their best interests in mind.”

About GetOne Rewards Inc.
Headquartered in Atlanta, GetOne Rewards Inc. has developed software and mobile applications for retail establishments who want to digitize their traditional loyalty, communications and marketing systems and integrate them into one platform. The digital rewards program is integrated with social media, communication and marketing platforms that allow businesses to communicate and market directly to their loyal customers and send personalized messages and coupons directly to their mobile phones. For more information on GetOne, like us on Facebook, follow us on Twitter or visit www.GetOneRewards.com.

Related Posts

Leave a Reply

PEHUB Community

Join the 12494 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Psst! Got any hot tips?

  • This field is for validation purposes and should be left unchanged.

Look Who’s Tweeting

Reuters VC and PE feed

RSS Feed Widget

Groups