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Kudos secures $10.2M in Series A round

Kudos secures $10.2M in Series A round
Kudos secures $10.2M in Series A round

Kudos, a Los Angeles-based AI-powered smart wallet service, raised $10.2M in Series A funding.

The round was led by QED Investors, with contributions from Patron, Brian Kelly, Samsung Next, SV Angel, Precursor Ventures, The Mini Fund, Newtype Ventures, and the Four Cities Fund.

Funds will be used to develop new services that enhance Kudos' smart wallet functionalities for its 200,000 members.

With CEO Tikue Anazodo at the helm, Kudos aims to optimize consumer rewards and benefits on purchases through its smart wallet, available as a browser extension and mobile app.

Recently, Kudos launched features like MariaGPT for card discovery, Dream Wallet for personalized card recommendations, and Kudos Boost for enhanced rewards with over 15,000 partner brands.