Savvy Cooperative Announces its Seed Investment with Indie.VC

Summary

“A common misconception about co-ops is that they are small, local, and slow. Savvy is demonstrating that co-ops can not only move fast, but also create buy-in, network effects, and brand trust, all of which are key ingredients to large, sustainable, scalable companies. We hope this first-ever financing helps to support that the alignment of incentives between companies, users, and investors is possible, and paves the way for other venture capitalists to use new models in order to invest in cooperatively-owned businesses.”