London-based retail app start-up Slip raises seed funding

Ahead of its launch this summer, retailer mobile app Slip has secured around €897,000 in pre-seed funding.

“On a mission to disrupt the retail experience for consumers and retailers alike”, Slip aims to “innovate and simplify the retail experience for customers” by allowing its users to receive digital receipts via QR codes, view and manage their omnichannel spending and receive exclusive discount offers and personalised content based on their buying habits.

The funding was reported by eu-startups.com.

The software behind the app sets out to support retailers by providing “powerful data and insights” around consumer trends at the product level. With sustainability at its core, the company also aims to “eliminate harmful non-recyclable receipts”.

Based in London, Slip is backed by retail experts with its advisory team claiming a wealth of retail and IT experience at companies including Sainsbury’s, House of Fraser, Accenture, FarFetch, John Lewis and Harrods.

Tash Grossman, co-founder and CEO, said: “We’re committed to transforming the e-receipt landscape so that consumers can enjoy a more seamless and sustainable shopping experience and retailers can gain a wealth of insights which will in turn help with future planning.”

The funding proceeds will be used to support all areas of product development ahead of the app’s official launch. Funding will also be used for the continued growth.

Investors include Haatch Ventures, Syndicate Room’s Super Angel fund, as well as angel investors from Alma Angels – an inclusive organisation of angel investors which sets out to actively invest in and support female founders who are building companies on a global scale.

London-based retail app start-up Slip raises seed funding

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