What is Cinch?
Headquartered in Riverton, Utah, Cinch operates as an online platform designed to empower local businesses. Its core offering enables these businesses to implement sophisticated loyalty programs, fostering deeper customer engagement and retention. The company's focus on providing smart loyalty solutions positions it as a key player in the local business technology sector.
How much funding has Cinch raised?
Cinch has raised a total of $3M across 1 funding round:
Angel/Seed
$3M
Angel/Seed (2022): $3M with participation from Cultivation Capital and Lionel Ventures
Key Investors in Cinch
Cultivation Capital
Cultivation Capital is a venture capital firm that invests in young companies with transformative ideas across various industries, including life sciences, software, agriculture, and geospatial technology. The firm provides capital resources and a vast network of partners to help startups navigate the challenges of hyper growth from Series Seed through Series B.
Lionel Ventures
Lionel Ventures is an investment entity that participated in Cinch's funding round. Further details on their specific investment focus are not publicly available.
What's next for Cinch?
The recent major strategic investment signals a pivotal moment for Cinch, likely enabling the company to accelerate its growth initiatives, expand its platform capabilities, and potentially broaden its market reach. This enterprise-level funding suggests a strategic focus on scaling operations and solidifying its position within the competitive landscape of business loyalty solutions.
See full Cinch company page
