Lolli Raised $8M Series B Round
Lolli is a bitcoin and cashback rewards application.
- "The Series B round was led by BITKRAFT Ventures, with participation from Sfermion, Ulta Beauty’s Prisma Ventures, Hypersphere Ventures, ZebPay’s CEO Rahul Pagidipati, 2 Punks Capital, MZ Web3 Fund and others. Previous investors Seven Seven Six, Founders Fund’s Pathfinder Ventures, Bain Capital Ventures, Serena Williams’ Serena Ventures, Logan Paul and MrBeast’s Night Media also invested."
- "The company’s co-founder and CEO, Alex Adelman, said the fresh capital will be used to roll out Lolli’s rewards program to enterprise partners like exchanges, neobanks, banks, payment companies and browsers."
“We have historically raised the amount needed to win. We don’t take more money than we need to support our next phase of growth, and are very focused on operating efficiently and proving out our business model,” Adelman was quoted as saying.
