Kigo, a newly established company formed by the merger of Heaps, Augeo’s crypto loyalty subsidiary based in St. Paul, MN, and Thred, an innovative NFT engagement platform, has successfully secured $6.5 million in funding. This funding adds to the combined total of $16 million raised by the two ventures, which includes new commitments from Valor Siren Ventures and Augeo. The injection of funds will expedite the launch of Kigo.
Under the leadership of CEO Peter Schultze (former Heaps Executive Chair), President Ben Straley (former Thred CEO), and David Kristal (Founder and CEO of Augeo), Kigo is a groundbreaking digital asset company that aims to empower businesses in engaging people through novel reward systems, membership programs, and recognition mechanisms facilitated by blockchain technology.
By partnering with Kigo, organizations gain the ability to create, distribute, and manage blockchain-enabled customer, employee, and membership experiences. These experiences range from dynamic digital badges that amplify significant milestones to customizable digital memberships, shareable rewards, and large-scale collaborations between brands. Additionally, Kigo offers integration with an extensive digital rewards marketplace where individuals can redeem loyalty rewards for highly relevant digital collectibles, commemorative items, access passes, and more. The marketplace also includes leading cryptocurrencies such as Bitcoin and Ethereum.
Augeo, renowned for its expertise in enterprise engagement and loyalty technologies, plays a crucial role in Kigo’s operations. Augeo elevates engagement and strengthens relationships for clients through a proprietary platform that encompasses workplace engagement, experiential marketing, customer loyalty, and crypto loyalty solutions. Serving numerous clients, including dozens of Fortune 500 companies, Augeo’s global reach and technological prowess enhance Kigo’s offerings and expand its potential user base across industries worldwide.