FinovateFall 2011 Video Archives >> CashStar


Website: www.cashstar.com
HQ Location:
Portland, ME
Company Founded: 2007
Product Being Demoed: CashStar Digital Gifting and Incentives Platform
Product Launched: September 2011
Metrics: $9M Raised, 50+ Employees




Presenter Profile How they describe themselves: Based on years of experience in the payments and gift card industry, CashStar has designed the industry's first digital gifting and incentives platform that enables consumers and businesses to instantly send personalized gift cards. Its proven solutions help retail brands and financial institutions reap the benefits of seamlessly integrating digital gift cards and incentives into their marketing and reward programs.

How they describe their product/innovation: CashStar will unveil a first of its kind location-based iPhone application that enables consumers to walk into a retail location (i.e. Starbucks) and instantly redeem credit card loyalty points in real-time in the form of a mobile gift card that can be used immediately. With CashStar, consumers can burn their points instantly on their mobile device for the first time ever, providing the ultimate convenience and relevancy the digital age now affords.

Key Executives: David Douglas Stone (CEO & Co-Founder), Michael G. Ellis (CFO), Pete Kledaras (Chief Risk Officer), Phelps Peeler (VP Engineering), Larry Weissbach (VP Client Services & Operations), Phil Moran (VP Sales), Brian Rigney (VP and GM, Business Solutions), Kathleen Goodwin (VP Marketing), Debbie Murray (VP Project Management & Client Onboarding)

Key Board Members: Steven R. Boal (Chairman & Co-Founder, CashStar and CEO, Coupons), David Douglas Stone (CEO & Co-Founder), John H. Burbank III (Chief Investment Officer, CashStar and Passport Capital-Managing Member), Brian Weisfeld (COO, Coupons), Michael R. Walsh (Chief Security Officer and Head of Research & Development, Coupons)

Key Investors: John H. Burbank III (Chief Investment Officer, Passport Capital-Managing Member)

Key Advisory Board Members: Madeline Wong (Gift Card Marketing, The Home Depot), Alexis Machado (Account Manager Supervisor, Williams-Sonoma), Stacey McAllister (Director Business Direct, Gap)

Key Partnerships: JP Morgan Chase, First Data, Chase Payment Tech, SVM, National Gift Card Corporation, Bridge2 Solutions, eBillme, deal united, Ovation Incentives, FitFund, WeSave, I Love Rewards, Get MD

Key Customers: Chase, Williams-Sonoma, GAP, Starbucks, The Home Depot, Best Buy, Walmart, Dell, Chili's Bar and Grill, Maggiano's Little Italy and Romano's Macaroni Grill, among others.

Contacts:
Bus. Dev. & Sales: Phil Moran, VP Sales, philmoran@cashstar.com, 704-930-9069
Press: Keri Bertolino, SVP, fama PR, keri@famapr.com, 617-986-5007

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