Claim

We are delighted to announce a significant milestone in Claim's journey: a $4M seed round, led by Sequoia Capital, and a prior $2M pre-seed led by Susa Ventures and BoxGroup. Claim is a new way for friends to connect and for brands to reward their customers. Built on top of existing credit cards, Claim lets consumers earn cash back, exchange rewards, and redeem together by shopping at their favorite brands. Since launching, we’ve helped acquire thousands of new customers for our early brand partners, including the Fortune 500 (PepsiCo), upstart direct-to-consumer fashion brands (For Others), fast-casual restaurants (Life Alive), and more. We’re thankful to our investors, including Sequoia Capital (Josephine Chen and Jess Lee), Susa Ventures (Chad Byers), BoxGroup (Gregory R.), 6th Man Ventures (Mike Dudas and Serge Kassardjian), Reflexive Capital (Sunny Parikh and Azhar Hussain), A* Capital (Kevin Hartz and Bennett Siegel), GSW Ventures, The Kraft Group, Theia, Luke deWilde and many others. Finally, we’d like to thank our team for their incredible drive and focus, our friends and family for their continued support, and our customers for their trust and partnership. Here’s to a great 2024! https://lnkd.in/gSJBCUm8

Ready for a sweet treat? Introducing Chip City, the gourmet cookie chain bringing ooey-gooey goodness, now available on Claim! 🍪 Founded in Astoria, Queens, Chip City began as a hobby between two childhood friends and has since grown into a beloved brand with 40 locations across New York, New Jersey, Connecticut, Maryland, Virginia, Illinois, and Florida. 🗽 Known for their rotating weekly flavors and decadent, oversized cookies, Chip City is a cookie lover's dream come true. From classic Chocolate Chip to adventurous options like Nutella Sea Salt, Fluffernutter, and the fan-favorite S’mores, there's always something new and delicious to try. 😍 We're excited to leverage Claim's massive reach among Gen Z and our highly engaged network of college students to bring Chip City's mouthwatering cookies to more people than ever before. Let's get baking! 💕 #GenZ #SocialCommerce #BenefitsWithFriends

Gen Z was supposed to kill movie theaters. Our data tells a different story. Our analysis from thousands of Claim users says they're seeing more movies in theaters than ever since "Barbenheimer" last summer. I wrote about how theater chains like AMC Theatres are drawing Gen Z back for films like Challengers and Inside Out 2.

🎬 Blockbuster Season is here and Gen Zers on Claim are back in theaters. Four takeaways on how AMC has capitalized post-"Barbenheimer": 1. 💖 💣 The “Barbenheimer” effect is real: 𝗔𝗠𝗖 𝗧𝗵𝗲𝗮𝘁𝗲𝗿𝘀 𝗶𝘀 𝘂𝗽 𝗺𝗼𝗿𝗲 𝘁𝗵𝗮𝗻 𝟰𝟭% 𝘀𝗶𝗻𝗰𝗲 𝗕𝗮𝗿𝗯𝗲𝗻𝗵𝗲𝗶𝗺𝗲𝗿’𝘀 𝗿𝗲𝗹𝗲𝗮𝘀𝗲 𝗹𝗮𝘀𝘁 𝗝𝘂𝗹𝘆 𝗼𝗻 𝗼𝘂𝗿 𝗚𝗲𝗻 𝗭 𝗘𝗻𝗴𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗜𝗻𝗱𝗲𝘅. Our index blends Claim users’ total transactions, average spend, and brand penetration to compare brands. Interestingly, AMC's competitors are largely flat year-over-year despite nearly identical film lineups. This rise defies the ~87% drop in their share price in public markets during this time, but some things are working:     2. 🎟️ Value & loyalty wins: 𝗔𝗠𝗖 𝗵𝗮𝘀 𝘁𝗵𝗲 𝗵𝗶𝗴𝗵𝗲𝘀𝘁 𝗿𝗲𝗽𝗲𝗮𝘁 𝘁𝗿𝗮𝗻𝘀𝗮𝗰𝘁𝗶𝗼𝗻 𝗿𝗮𝘁𝗲 𝗮𝗺𝗼𝗻𝗴 𝗶𝘁𝘀 𝗽𝗲𝗲𝗿𝘀. They have clearly focused on rewarding loyalty with value - a key selling point for Gen Z. Much like an airline, AMC’s Stubs subscription offering gives subscribers perks like 12 movies per month, free concession upgrades, and programs like Discount Tuesdays.     3. 🎤 New experiences driving visits: Another reason Gen Z keeps coming back is 𝗔𝗠𝗖'𝘀 𝗲𝘅𝗽𝗮𝗻𝘀𝗶𝗼𝗻 𝗯𝗲𝘆𝗼𝗻𝗱 𝘁𝗿𝗮𝗱𝗶𝘁𝗶𝗼𝗻𝗮𝗹 𝗺𝗼𝘃𝗶𝗲 𝘁𝗶𝗰𝗸𝗲𝘁𝘀. For example, it was the exclusive distributor of Gen Z royalty Taylor Swift’s Eras Tour film last October, setting single-day box office records. It also saw success with Billie Eilish’s album listening event in May.     4. 🍿 Collectibles: Finally, AMC has led the pack on an unexpected hit among Gen Z: collectible popcorn vessels. Dune 2’s release was accompanied by the viral Sandworm popcorn buckets that were joked about on SNL while Barbie’s launch featured 25,000 sold-out special edition pink Corvettes sold at $34.99 a pop. It’s a smart approach and a proven tactic: 𝘁𝗿𝗮𝗱𝗶𝗻𝗴 𝗰𝗮𝗿𝗱𝘀 𝘄𝗲𝗿𝗲 𝗽𝗼𝗽𝘂𝗹𝗮𝗿𝗶𝘇𝗲𝗱 𝘁𝗼 𝘀𝗲𝗹𝗹 𝗴𝘂𝗺, 𝗯𝗼𝗯𝗯𝗹𝗲𝗵𝗲𝗮𝗱𝘀 𝘁𝗼 𝘀𝗲𝗹𝗹 𝗯𝗮𝘀𝗲𝗯𝗮𝗹𝗹 𝘁𝗶𝗰𝗸𝗲𝘁𝘀 - 𝘄𝗵𝘆 𝗻𝗼𝘁 𝗽𝗼𝗽𝗰𝗼𝗿𝗻 𝗯𝘂𝗰𝗸𝗲𝘁𝘀 𝗳𝗼𝗿 𝗺𝗼𝘃𝗶𝗲 𝘁𝗶𝗰𝗸𝗲𝘁𝘀? On a personal note, Sony recently acquired my regular theater chain, Alamo Drafthouse Cinema, in a bid to continue its own unique experiential suite of offerings. I love Alamo’s artful quirks and sit-down dinner experience in-theater, plus its focus on community. I’m excited to see how these chains can continue to learn from one another and keep the moviegoing experience enduring and innovative. 🔍 What did I miss? How will AMC's competitors respond? 📊 Follow me for more insights on Gen Z culture and spending habits. 📈 Marketers, if you’re interested in how Claim can help your business reach college students and Gen Z across the country, let’s chat.

We're on a mission to help Gen Z save money while discovering new things with friends every week. Introducing Streaks: the new way we're rewarding our most loyal Claimers. With Streaks, we can offer the best Claims to our users most likely to convert. The higher the streak, the rarer the Claim. 🔥 🔥 🔥

What if we told you it was possible to drink wine and skip the hangover? Introducing Surely, an award-winning California non-alcoholic wine for happier hours and better mornings, now available on Claim. With over 100k customers, Surely is disrupting the wine industry one bottle (or can) at a time. From start to finish – premium grape sourcing, fermentation, and alcohol removal – Surely’s process creates great-tasting wines that don’t compromise your health. So who’s with us? We’re excited about the future of the wine industry and look forward to introducing the next generation of customers to a better alternative. Here’s a toast to Kevin Curry and team! #GenZ #SocialCommerce #BenefitsWithFriends

As the spring semester comes to a close, students are preparing for summer internships and post-graduation work in big cities across the country. That’s part of the reason why we’re excited to partner with Avo, a unique fast casual restaurant based in New York City. Avo (fka Avocaderia) is a brand built on a foundation of friendship, good food, and a passion for innovation. With a mission to foster comfort and well-being through wholesome food, Avo is the premier destination for seasonal, nourishing, and uniquely crafted salads and bowls. If the name sounds familiar, trust your instincts: Avo was featured on Season 9 of Shark Tank ABC. During his appearance on the show, Alessandro Biggi closed a deal with Mark Cuban and Barbara Corcoran. #GenZ #SocialCommerce #BenefitsWithFriends

This week we launched Drop Locations — our newest feature that lets our users take Claim with them off-campus for the summer and beyond. With that, we’re expanding to new partners in new cities! Where should Claim go next? Let us know your favorite cities & and local brands in the comments down 👇

Ever wonder what happens you combine Hawaiian poké with Californian cuisine? Presenting Sweetfin Poke, a brand that merges the vibrance of the Santa Monica Pier and the physical endurance of the legendary Aku fisherman, now available on Claim. Sweetfin was created with the goal of providing healthy, nutritious and flavorful bowls with premium quality ingredients. Their fine-casual restaurant concept takes all the familiar flavors of sushi and puts them in an easy to eat, portable, customizable, and affordable bowl. Special thanks to Seth Cohen and Sam Och for making this partnership possible. We’re excited to introduce the next generation of hungry Californians to a brand that not only understands the latest trends but also helps create them. #GenZ #SocialCommerce #BenefitsWithFriends

📹 We're hiring a Creator & Social Media Specialist to be the face of Claim! Hi! We're Claim, the world's fastest growing social shopping app, proudly backed by Sequoia Capital. Our goal is to help consumers save money while discovering their new favorite things with friends. We're looking for a world-class content creator to be the face of Claim and ensure our socials are as killer as our product. We launched at Harvard University and are rapidly expanding to 50+ campuses nationwide. You'll be instrumental in helping us become the number one shopping app in the US for Gen Z and beyond. Your role? Create incredible content that wins the hearts and minds of college students across the country. You'll be making TikToks, Reels, and Tweets that get users excited to join us, keeping tabs on the best of the internet, and you'll get to give away free lunches and coffees in the process. What's it it for you? Competitive pay, practical learning experiences on the ground floor of a fast-growing VC-backed startup, and exclusive access to new Claim rewards. If you're a current college student or recent grad passionate about internet culture with killer social content instincts, hit us up. Apply below to help us redefine social 🚀 : https://lnkd.in/g2qfW-nm