What is GreenJinn?
GreenJinn operates a cashback application designed to incentivize everyday grocery shopping. The platform empowers users to save over £1500 annually by offering personalized, healthy, and sustainable deals. Users can shop as usual, submit receipts via photo, and receive cashback directly to their PayPal or bank accounts. With a user base exceeding 1,000,000 members, GreenJinn is dedicated to championing eco-friendly brands and actively working to reduce waste. Its B Corp Certification highlights a strong commitment to high social and environmental performance standards, positioning it as a leader in conscious consumerism technology.
How much funding has GreenJinn raised?
GreenJinn has raised a total of $893K across 1 funding round:
Angel/Seed
$893K
Angel/Seed (2017): $893K with participation from Crowdcube
Key Investors in GreenJinn
Crowdcube
Crowdcube is an investment crowdfunding company based in the United Kingdom, known for facilitating capital raises for various businesses.
What's next for GreenJinn?
The substantial enterprise-level funding received by GreenJinn signals a strategic pivot towards aggressive growth and market penetration. This capital infusion is expected to fuel enhancements in the app's personalization algorithms, expand its network of sustainable brand partners, and potentially broaden its geographical reach. Further investment in user acquisition and retention strategies will likely be a priority, aiming to solidify its position as a dominant player in the sustainable cashback market. The company's B Corp status suggests that future expansion will continue to align with its core mission of promoting environmental responsibility and ethical business practices.
See full GreenJinn company page
