Cardlytics Raises Venture Debt

Cardlytics Inc., an Atlanta-based provider of banking rewards solutions, has raised $4 million in venture debt from Gold Hill Capital. Cardlytics previously raised over $8 million in VC funding from Canaan Partners, Polaris Venture Partners and Total Technology Ventures.


We are pleased to announce that Gold Hill Capital closed a financing to Cardlytics, Inc. in March 2010. The debt facility will be used to support the Company’s growth.

Atlanta, GA-based Cardlytics, Inc. offers banking rewards solution services that allow merchants to target customers based on what they purchase, as well as present customer offers directly within the online banking page. This enables the customer to receive incentives via their online banking pages based on how they already shop.

About Gold Hill Capital

Gold Hill Capital is an independent, private venture firm focused on providing debt and equity capital to companies within the technology and life science industries. Gold Hill is capitalized by top-tier institutional investors with aggregate investment capital of approximately $1 billion deployed over two funds. Gold Hill has a highly-focused team dedicated to delivering flexible financing solutions for expansion stage companies. Our team provides an unparalleled level of financial experience working with technology companies – experience that includes investment banking, venture capital, international finance, mezzanine finance and asset-based lending.