Exclusive: Chariot Raises $10M To Help Consumers Fight Back Against Hidden Fees And Hard-To-Cancel...
New York-based Chariot Claims has raised $10 million in Series A funding led by Silverton Partners to help consumers pursue claims over alleged privacy violations, hidden fees and subscriptions that are difficult to cancel.
Via Crunchbase News
While helping another founder build an app that collected information about class-action settlements, Zim Hang came to learn how challenging it can be for consumers to seek compensation from companies they believe wronged them.
He also discovered mass arbitration, a way to pursue individual claims when companies’ contracts prevent customers from joining class actions. At the same time, he also realized that relatively few law firms were set up to manage thousands of those claims at once.
Zim Hang, founder…
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