Antavo, a London, UK-based provider of an enterprise loyalty cloud platform, raised €10M in Series A funding.
The round was led by Euroventures, alongside Lead Ventures, iEurope and Innovation Nest and private investors including Zoltan Vardy.
The company intends to use the funds to accelerate expansion and its global presence and further development of the no-code loyalty technology for enterprises.
Led by CEO Attila Kecsmar, and Chief Strategy Officer Zsuzsa Kecsmar, Antavo is an Enterprise Loyalty Cloud, providing technology to manage experience-based, paid, and lifestyle loyalty programs online, in-store, or on mobile – connecting brands to their customers in an embedded way. Its no-code, API-centric platform empowers loyalty and marketing teams to run fully custom programs and manage them internally, without IT help.
The company invests 60% of its revenue into its product and issues quarterly product releases.
The new investment will enable Antavo to continue reinvesting in its technology for omnichannel capabilities and integration with more apps and platforms, while expanding its global presence. Global clients include BMW, KFC or Kathmandu and global businesses in air travel, pharma and fashion.
FinSMEs
07/11/2022