4 years ago
Loke Secures £2.85 Million to Expand Its Sales and Marketing Platform
London-based startup Loke has raised £2.85 million in a Series A funding round led by Guinness Asset Management
The company offers a sales and marketing platform for the hospitality and retail sectors, aiming to boost revenue by predicting and influencing customer purchase behavior
The funding will be used for product enhancement and expansion into new European markets.
ProblemTechnology
"Small and medium-sized businesses in the hospitality and retail industries are struggling to compete in a saturated market and increase revenue. They are also facing pressure from big-name delivery apps that are not always sustainable for their business."
Solution
"LOKE provides a sales and marketing platform that helps businesses predict and influence customer purchase behavior, increasing revenue. The platform simplifies the automation of personalized customer journeys, rewards, and communication, and includes a suite of digital sales and marketing tools powered by a bespoke rewards and promotion engine. This allows businesses to take back control, reduce costs, and provide a better customer experience."
