9 years ago
BeMyEye Raises €6.5M, Acquires LocalEyes to Become Europe's Leading Mobile Crowdsourcing Platform
London-based mobile crowdsourcing company BeMyEye has secured €6.5 million in Series B funding
Simultaneously, they've acquired their French competitor LocalEyes, expanding their user base to 250,000
The acquisition was an all-stock deal
BeMyEye's platform connects businesses with individuals who can complete tasks like verifying promotions or collecting data using a mobile app
The company plans to utilize the new funds for global expansion and product enhancement.
ProblemTechnology
"Businesses need a reliable way to collect real-world data, like verifying that in-store promotions are actually happening, but traditional methods are expensive and slow."
Solution
"BeMyEye offers a mobile crowdsourcing platform that connects businesses with a network of individuals who can complete tasks, like taking pictures of store displays or gathering street-level data, for payment. This provides businesses with accurate, real-time data in a cost-effective way."