Claim, a rewards app and social network, raised $4 million in a seed funding round led by Sequoia Capital, aiming to make shopping fun, rewarding, and social for university students in Boston.

Claim, founded by Stephenson and Obletz, aims to remove friction in owning online items. The platform offers rewards linked to credit cards, allowing users to share and exchange rewards, similar to trading cards for brands.

Claim is a social media platform that allows users to send and receive rewards from friends, allowing them to discover new brands and earn status. The platform also helps marketers and brands reach new customers without relying on ads, and works with Fortune 500 companies and local restaurants.

Claim, a startup focused on authenticity and user engagement, has raised $2 million in a seed round. The funding will be used to hire new talent, grow the team, and test engineering before expanding nationally.