Salt Labs
Loyalty and rewards platform that lets hourly frontline workers earn rewards and build long-term wealth from their labor.
About
Salt Labs is a New York-based enterprise platform founded in 2022 by DailyPay co-founders Jason Lee and Rob Law to help frontline hourly workers own the long-term value of their work; its Salt product lets workers earn rewards that convert into real ownership value. It raised $10M pre-seed led by Fin Capital and was acquired by Chime Financial in 2024.
Leadership
founders · executives- Jason LeeChief of Chime Enterprise (formerly Founder & CEO, Salt Labs)
Recent moves
funding · M&A · launches- Jun 26, 2024
- Dec 19, 2023
- Mar 29, 2023
Salt Labs in the news
All news →Chime Financial has acquired Salt Labs to enhance financial progress for everyday Americans. Both companies aim to empower employees by leveraging the Chime platform. Jason Lee, CEO of Salt Labs, will lead the new Chime…
Mar 18, 2024Salt Labs Offers Lifeline to Employees Left Adrift by Blueboard’s Sudden ShutdownIn an unexpected turn of events that has sent ripples through the HR industry, Blueboard, a prominent experiential employee recognition platform based in San Diego, announced its abrupt shutdown on March 12, 2024. This…
Dec 19, 2023Salt Labs Raises Additional $8M to Bring Loyalty Earned Assets to the WorkforceThird Prime invests $8 million in Salt Labs, bringing the total amount raised by the company to $18 million in less than a year NEW YORK , Dec. 19, 2023 Salt Labs , a loyalty and financial technology company…
Mar 29, 2023New York-based Salt Labs, Founded to Eradicate the Wealth Gap Disparity for Frontline Workers, Raises $10 Million in Pre-Seed Funding RoundNEW YORK , March 29, 2023 -- Salt Labs (saltlabs.com), a new loyalty and payments technology company today announced it has raised $10 million in a pre-seed funding round. The financing was led by Fin Capital with…
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