SOURCE: Plink

Plink

April 02, 2012 09:15 ET

Facebook Credits-Based Loyalty Program Plink Raises Angel Investment

DENVER, CO--(Marketwire - Apr 2, 2012) - Plink (www.plink.com), a Facebook Credits-based loyalty program that rewards Facebook members for dining and making purchases at their favorite restaurants and stores, today announced the closing of an angel investment round totaling $633,000.

"We've attracted a team of innovative and savvy investors who recognize the enormous potential of Plink's online-to-offline loyalty platform," said Peter Vogel, co-founder of Plink. "Also, in just a few short months, we've experienced an amazing level of buy-in from large, national brands and from consumers, eager to earn Facebook Credits. Facebook Credits are proving to be the missing ingredient that bridges the gap between social media marketing and offline sales."

Plink launched in late January and last week added its newest partner, Arby's Restaurant Group, Inc. The company secured the angel round at a pre-money valuation of $5 million.

Investors participating in the angel round include Matomy Media Group (www.matomy.com), a multinational leader in digital advertising working across web, social media and mobile platforms. An early seed investor in Plink, Matomy Media Group is also a strategic partner with a global footprint. In addition, Denver-based Ahlborg Acquisitions (www.ahlborgacquisitions.com), an Angel Investment firm, led by Tom Ahlborg, managing director and principal, joined the round.

Plink will put today's announced investment to work by continuing to build its Facebook Credits-based loyalty program, develop partnerships with restaurants and offline retailers, and market online to attract Plink members.

About Plink
Plink (www.plink.com) is a Facebook Credits-based loyalty program that rewards Facebook members for dining and making purchases at their favorite restaurants and stores. Plink members create an account at Plink.com, then safely and securely link the credit or debit card of their choice, and begin earning Facebook Credits by dining-out or shopping at participating restaurants and offline retailers including Arby's®, Dunkin' Donuts®, Quiznos®, Red Robin® and Taco Bell®. Plink's online-to-offline (O2O) loyalty program connects social media marketing to offline sales. For more information, visit www.plink.com.

Contact Information

  • CONTACTS:
    Steve Stratz
    Illuminate Public Relations for Plink
    206.300.9134
    Email Contact

    Minou Nguyen
    Illuminate Public Relations for Plink
    206.779.4559
    Email Contact