- Posted by ecreboadmin
- On 22nd April 2016
Ecrebo are excited to announce a £4m investment from UK venture capital firm, Octopus. Octopus focus on entrepreneurs and fast growth companies that can scale explosively to create, transform or dominate an industry. The Ventures team at Octopus have a track record of helping build exceptional global businesses, including Zoopla Property Group, Secret Escapes, SwiftKey, graze.com and Yplan.
Given over 90% of retail money flows through bricks-and-mortar stores, giving retailers the ability to engage 100% of these customers with personal offers represents a huge opportunity. Ecrebo have already gained significant traction in the UK and the investment will help scale our customer engagement solution in both the UK and US.
Frederic Lardieg, a member of the Ventures team at Octopus, said: “At Octopus we’re always on the look out for inspirational entrepreneurs building on fantastic ideas, and we’ve found that with David, Hassan and their team. The numbers speak for themselves as to how this business has grown in just a few years, and we’re looking forward to working with the team as this product continues to develop and appeal to more retailers in more markets.”