a year ago
Luscid Secures $1M Funding to Advance Sponsorship and Marketing Platform
London-based startup Luscid has raised over $1 million in funding to develop its proprietary technology and support market expansion.
ProblemTechnology
"It’s difficult for brands to find the right sponsorships and allocate marketing budgets efficiently, leading to wasted investments and limited return on investment."
Solution
"Luscid provides a software platform that uses data-driven insights to help brands deploy sponsorship and marketing budgets more effectively. They analyze a global dataset of 500,000 historic and live partnerships across 88 sponsorship genres and 80 countries, allowing brands to make data-informed decisions about sponsorship investments."