Funding Farm Plants Billaway Seed, Angels Bless Crop

Lead investor The Funding Farm and a group of angels have joined forces to provide $1.1 million in seed-stage financing for Billaway, a service provided by Neighbor Marketing. Based in Boston, Billaway provides utility companies with rewards programs that reduce customers’ monthly bills. Of the financing, Paul Harkins, the company’s CEO stated, “With this new infusion of cash, we will build out our online presence, add new functionality for consumers and continue growth to become the back office loyalty program of choice for leading utilities nationwide.”

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