Kudos raises $10.2M

Los Angeles, Calif.-based Kudos, a company that provides an AI-powered smart wallet service, has raised $10.2 million in Series A funding.

The funding round in Kudos was led by QED Investors, with participation from Patron, Brian Kelly (founder of The Points Guy), Samsung Next, SV Angel, Precursor Ventures, The Mini Fund, Newtype Ventures, and the Four Cities Fund.

Kudos’ smart wallet service uses AI technology to help consumers maximize their rewards and benefits when making purchases. The service aims to simplify the process of earning and redeeming rewards.

Kudos has raised $10.2 million to date.

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