6 years ago
nez Raises €2.25 Million to Accelerate Growth of Food and Drink Discovery App
nez, a London-based food and drink discovery app, has raised €2.25 million in funding, bringing its total funding to €3.36 million since its inception in 2016
The new funding will be used to accelerate growth and profitability through marketing, developing advanced technology and data capabilities, and updating its B2B offering, nez perks
The app has seen incredible early engagement figures, with over 385,000 food and drink offers redeemed by its 150,000 users
nez is expecting to hit 200k users by the end of September
The company will be investing in technological innovation, attracting top talent and developing its new employee rewards platform, nez perks.
ProblemTechnology
"Making it difficult for local businesses to attract and retain customers in the face of rising competition from larger chains"
Solution
"An app that connects traders with a local customer base through technology, delivering local discounts directly to customers' phones"