Bumped is a fintech company that aims to reward consumers with equity in brands they frequently shop with.
Bumped is on a mission to power an ownership economy.
Bumped was founded in 2017 by David Nelsen. The company is headquartered in Portland, Oregon.
Bumped's platform gives banks, brands, and businesses the ability to reward customers in fractional shares of stock.
Bumped's suite of products can help businesses reward their customers in stock and build stronger relationships—from retailers to restaurants, from favorite brands to financial institutions.
Bumped’s initial launch is via a consumer app, which converts spend at 1,000 retailers into stock rewards. The company is also developing an app for enterprises that want to provide a similar reward to their employees.
Bumped is backed by Canaan Partners, Commerce Ventures, Oregon Venture Fund, Valor Siren Ventures and others. The company raised an additional $10.4M Series and $5M in Debt financing on Nov 11, 2020. This brings Bumped's total funding to $35M to date.