imgres-5YouEarnedIt, a startup focused on helping companies reward employees, has received $1.5 million in seed stage funding, according to the Wall Street Journal.
The company received the funding from Capital Factory, an Austin-based incubator and accelerator of tech companies led by Joshua Baer and advertising giant WPP PLC, according to the article.
The Greater Austin Chamber of Commerce also recently names YouEarnedIt as one of its A-List Austin startup to watch for 2014. The company’s customers include Gatti’s Pizza, Conde Nast, Y&R, RetailMeNot and Spredfast.
Kenny Tomlin founded the company in 2011. He was replaced as CEO last year by “Steve Semelsberger, a former senior vice president and general manager of California-based Demand Media Inc.’s (NYSE: DMD) social products group,” according to the Austin Business Journal. The Wall Street Journal story listed YouEarnedIt’s CEO as “Autumn Manning, who previously worked as a partner at training and coaching services firm SVI World.”