Blossom Social raised $2.1 million in seed funding from LOI Venture, Goodwater Capital, and angel investors to grow its investing social network in the US.
May 21, 2024•over 1 year ago
Amount Raised
$2.1 Million
Round Type
seed
Investors
Goodwater CapitalLoi Venture
Description
Vancouver-based FinTech startup Blossom Social has secured more than $2.1 million CAD in seed funding to fuel the growth of its investing social network south of the border. The funding will also support Blossom’s recent expansion into the US and fund the firm’s product development efforts, including adding an investing “super-chat” and a desktop app to complement its existing mobile platform.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers