Slip Raises £2.5M in Seed Funding

slip

Slip, a London, UK-based receipt tech startup, raised £ 2.5M in Seed funding.

The round was led by Adjuvo with participation from Haatch Ventures, Unbundled VC, the Side by Side Partnership, and a range of angels including Dan Elton, and Julian Burnett. 

The company intends to use the funds to further enhance its technology.

Led by CEO and Founder Tash Grossman, Slip aims to enable retailers to leverage receipts to understand customer behaviour. It does it by transforming receipts into a dynamic tool for engagement, insight, and growth. Its platform integrates with retail systems, providing data-driven insights and personalised marketing opportunities, while enhancing the shopping experience with digital receipts that are convenient, sustainable, and rewarding.

Slip’s API can integrate with existing systems – thanks to partnerships with providers including Shopify, Klaviyo, Epos Now and Sitoo – with insights from customer activity fed directly into partner CRMs or marketing technology stacks.

To date, this Slip-powered approach has driven more than 25,000 app downloads and has been rolled-out across 400 stores. 

The software is already used by leading retailers including JD Sports and Beyond Retro.

FinSMEs

06/06/2024