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This App Saves Lives

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Philadelphia, United States · Founded 2020 · $1.5M raised

Fintech
Gaming
Healthcare
Insurtech
Mobility
Headquarters
Philadelphia, Pennsylvania
Employees
1–10
Founded
2020
Business Model
B2B2C
Total Funding
$1.5M
Last Round
$1.5M SeedOct 2022
Rounds
1

About

This App Saves Lives (TASL) was a healthcare/safety app that rewarded drivers for keeping their phones down while driving, using brand-sponsored incentives as the 'carrot' approach to reducing distracted driving. Founded by Ryan Frankel and co-founder Nate Wagner, the company aimed to reduce the 3,000+ annual deaths caused by distracted driving in the US. The app partnered with brands to provide rewards to safe drivers. The company shut down in January 2024 after the founder acknowledged the startup prioritized growth too early and struggled to pivot toward business customers. Headquarters were in Pennsylvania.

Summary

This App Saves Lives is a Fintech company based in Philadelphia, United States, founded in 2020. It has raised $1.5M in total across 1 round, most recently a $1.5M Seed round in Oct 2022. Investors include Techstars.

Funding History

SeedSeed RoundOct 2022
$1.5M

Investors

Techstars

Lead

1 round

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