Accrue Savings: Raises $25M in Series A Funding

Accrue Savings Raises $25M in Series A Funding

• Accrue Savings, a NYC-based merchant-embedded shopping experience that rewards consumers for saving, raised $25m in Series A funding
• The round was led by Tiger Global, with participation from Aglaé Ventures, Maple VC, and notable leaders
• The company intends to use the funds to expand retail partnerships and bolster hiring efforts across all departments, including engineering, sales and marketing
• New retail partners now offering AccrueSavings to their customers include Smile Direct Club (NASDAQ: SDC) and Poly & Bark, with more retailers on the way
• These brands join Casper (NYSE: CSPR), Camp, Eterneva and more, in providing debt-free ways for people to buy the things they want most