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NEA leads $21m round for Drop, a rewards app for millennials

NEA leads $21m round for Drop, a rewards app for millennials

 Everyone loves free stuff, apparently including VC investors. Toronto-based Drop, whose app allows consumers to collect points for transactions they make and then receive reward offers, has secured a $21 million Series A round led by Rick Yang at NEA. The company has previously raised about $5 million in seed capital over the past year. Drop’s concept is simple. Unlike traditional… Read More


Source: TechCrunch

Belen De Leon