On July 23, 2019, FlipGive announced its $5 million Series A financing round, led by Toronto-based Framework Ventures Partners with participation from FJ Labs and iGan Partners. This funding will help accelerate its mission of changing the way North American youth sports teams raise money as well as hire talent, develop enhanced product features and bring on new brand partners.
FlipGive is a team funding app that simplifies raising money for sports teams, schools and community groups. Teams earn cash back by buying the things they need to get anyways and are paid whenever they shop, dine out, book hotels or activities through hundreds of popular brands.
Osler, Hoskin & Harcourt LLP advised FlipGive with a team consisting of Chad Bayne, Michael Grantmyre, Jeremy Lin and Horatiu Porime (Emerging and High Growth Companies).