Daily Deals for Moms, a Denver, CO-based social couponing website for moms and families looking for and sharing deals with a commitment to support local small business, has raised a round of angel funding of undisclosed amount.
Investors include Victor Lazzaro, Jr. a managing director with Denver-based Volante Capital, LLC, who joined the company’s Board of Directors.
Daily Deals for Moms plans to use the funds to further build its infrastructure and expand into more cities. The site, which already serves markets such as Denver, Toledo, Des Moines, Boston, Chicago, Colorado Springs, and Boulder, will launch in 15 new cities during 2011.
The company is also continuing to seek strategic investors and intends to close the round within the next few weeks.
Launched in 2010 by Mompreneurs CEO Ashley E. Kingsley and Whitney Trujillo, the service aims to keep capital in a given community focusing on products and services for moms and families offered by more than 300 local small businesses nationwide.
FinSMEs
20/06/2011