Earny App Launches, Raises $1M

May 9, 2016 | New Israeli mobile application Earny has launched and announced it has raised $1 million in seed round funding from Sweet Capital Ltd. and Science Inc., with participation from Jeff Bonforte, SVP, Communications Products at Yahoo, and Wealthfront CEO Adam Nash. The app connects with users email and Amazon accounts in order to track their online purchases, find e-receipts, then price check those items to see if users got the best deal. If it finds a lower price, Earny will request a refund on the user’s behalf and the difference (minus the company’s 25 percent cut), will be credited back to the user’s payment card. Founded in 2015 by Israelis Oded Vakrat, Ilan Zerbib, and Dori Yona the team has also relocated to Santa Monica to work out of Science’s offices there.