Clovr Media Raises $8.3 Million In Series A

Posted Mar 14, 2011

Clovr Media has raised $8.3 millin in Series A funding in a round led by Bain Capital Ventures. Existing investors Kepha Partners, Common Angels, and Mark Wright also participated in this round of funding. Clovr has made a platform that links banners, text, video, and mobile to your bank statement. Clovr automatically sends the discount savings offers to your credit or debit cards.

?We believe that card linked offers will soon become ubiquitous,? stated Bain Capital Ventures Managing Director Jeffrey Glass. ?Our investment in Clovr reflects our confidence that the card linked offer is the next step in the evolution of digital coupons and loyalty programs. This platform will eliminate the need for paper coupons and elevate the personalization of savings for every participating consumer.?