UAE-based
@joinbundle Raises $5.5M in Pre-Seed Round
Investors:
Led by
@etherealvc and
@further, with participation from Nascent, GSR, Scenius Capital, Anchorage Digital, and
@nuwacapital
- Bundle is developing a Web3-based rewards platform that enables brands to pool and distribute their incentive budgets.
- It has been operating in stealth mode, and plans to launch of its services Singapore, Vietnam, and the Philippines.
- According to its statment, during its pilot phase across 5 markets, it distributed $100,000 to over 1,100 winners, which contributed to increasing conversion rates for participating brands by up to 4x compared to traditional promotional campaigns.
- Founded by Bader Kalooti and Mostafa Wanas.