7 years ago
Mention Me Secures $7M in Series A Funding Led by Eight Roads Ventures
Mention Me, a London-based referral marketing platform, has raised $7 million in Series A funding led by Eight Roads Ventures
The company's platform helps businesses conduct effective referral marketing by providing features like A/B testing and refer-by-name functionality
Mention Me counts over 300 customers, including FarFetch, Ovo Energy, Ted Baker, and ZipCar
The company's revenue model is based on a commission on a new customer's first order, aligning its interests with those of its clients.
ProblemTechnology
"Businesses struggle to build customer loyalty, and acquiring new customers is expensive and difficult. Existing marketing channels are often ineffective, and businesses lack a way to tap into the trust and goodwill of their existing customers to drive new business."
Solution
"Mention Me provides a referral marketing platform that makes it easy for businesses to launch and run referral programs. Their platform offers a variety of features, including A/B testing, segmentation, and refer-by-name functionality, making it easy for businesses to create referral programs that are effective and engaging for their customers."