7 years ago

YOOBIC Raises $25 Million to Expand Retail Operations Platform

  • YOOBIC, a London-based company providing a platform for real-time monitoring of retail operations, has secured $25 million in Series B funding led by Insight Venture Partners

  • The investment will be used to fuel the company's growth plans, including hiring 100 new employees and expanding into the US market

  • YOOBIC's solution is used by over 100 leading retailers worldwide, including Lacoste, The Foschini Group, The Kooples, Casino Group, Aldi UK, Peugeot, Citroën, and multiple luxury brands.

      • ProblemRetail Technology

      "making it easier for retailers to manage their in-store operations, improve internal communications and enhance the customer shopping experience"

      Solution

      "YOOBIC's mobile-first platform provides real-time monitoring of retail operations, enabling retailers to streamline processes, simplify communication, and improve customer experience"

      Covered on