3 years ago
Penny Black Secures £1.3 Million in Seed Funding to Transform Packaging into a Marketing Channel
Penny Black, a London-based provider of an ecommerce platform that turns packaging into a marketing channel, has secured £1.3 million in seed funding
The round was led by AGFA and ninepointfive
Penny Black's platform connects ecommerce stores, marketing tools and fulfilment operations to deliver personalized experiences when customers open their packages
The company launched in the UK and Europe in April 2022 and has partnered with brands such as PAUL VALENTINE, Bird & Blend, and the Modern Nursery.
ProblemTechnology
"Ecommerce businesses struggle to connect with customers after they've made a purchase, making it difficult to drive repeat sales and build brand loyalty."
Solution
"Penny Black's platform allows ecommerce businesses to turn their packaging into a marketing channel, creating personalized experiences for customers at the moment they open their orders. This helps businesses drive repeat purchases, increase customer engagement, and build brand loyalty."