Monday, May 8, 2017

Texas-Based Mobile App Dosh Secures Millions in Seed Funding


With more than 25 years of business experience, Ryan Wuerch divides his time between executive roles in the technology industry and in the nonprofit sector. Ryan Wuerch serves as the director of Epiphany International and the Wuerch Family Foundation, and he leads as executive board chairman at Dosh in Austin, Texas. 

Dosh exists for the sole purpose of helping consumers save their hard-earned money while enabling businesses to better reach their customers without wasting money on untargeted advertising. The app, which will be free to download at launch on April 25, scans the market for cost-saving opportunities, such as coupons and rebates. When a buyer completes a transaction, Dosh locates and applies any available offers on behalf of the individual, converts it to cash and deposits it into their Dosh Wallet. Users of the app also benefit from an expanding network of merchants. 

The more than 100,000 businesses on the Dosh platform will continue to grow thanks to recent seed funding. In 2017, the fintech company published news that it had secured $2 million from investors, bringing its total backing to over $6 million. The press release noted that Dosh has moved into private beta testing, and it continues to attract the interest of venture and private equity firms.

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