DC-Based Employee Perks Startup, Aspire, Raises $400K Seed Round

July 18, 2014

12:00 pm

Aspire, a DC-based startup that gives employees the ability to choose their own company perks and benefits, has raised $400,000 in seed funding. According to the report by The Washington Post, participants in the round included K Street Capital, Acceleprise, and other New York-based as well as international investors.

Aspire offers an online marketplace for employees to buy products and services from various local merchants that cater to their individual hobbies or interests. This can range from massages and meditation classes to fresh, home-delivered dinner kits and tickets to pro sports games. Currently, the company is working with accounting firm Raffa, consulting firm IDS International, and medical company GBS Health to see whether these kinds of corporate perks work better than traditional benefits.

The money from this round will reportedly go towards recruiting additional members to Aspire’s team, as well as adding merchants to the online marketplace over the next few months.


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Ronald Barba was the previous managing editor of Tech.Co. His primary story interests include industry trends, consumer-facing apps/products, the startup lifestyle, business ethics, diversity in tech, and what-is-this-bullsh*t things. Aside from writing about startups and entrepreneurship, Ronald is interested in 'Doctor Who', Murakami, 'The Mindy Project', and fried chicken. He is currently based in New York because he mistakenly studied philosophy in college and is now a "writer". Tweet @RonaldPBarba.

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