2 years ago

Embargo Secures $850,000 to Expand Loyalty Platform for Hospitality Businesses

  • Embargo, a Poland and UK-based loyalty solution for the hospitality industry, has secured $850,000 in funding from Opoka TFIR and business angels including Pierre Decote, Group Chief Risk & Compliance Officer and Partner at Revolut, and Paweł Fornalski, founder of IAI Group

  • The funding will be used to further develop the product and expand the sales team in both the UK and Poland

  • Embargo's platform allows restaurants, bars, and coffee shops to recognize, reward, and communicate with their customers, and it currently has over 1,500 venues using its CRM.

      • ProblemTechnology

      "Hospitality businesses struggle to build loyalty and repeat customers, leading to inconsistent revenue and difficulty in understanding customer preferences."

      Solution

      "Embargo provides a CRM platform and loyalty app that empowers hospitality businesses to reward and recognize customers, build stronger relationships, and gain valuable insights into their preferences, ultimately boosting revenue and customer retention."

      Covered on