OV Loop, a Boston, UK-based company building an app commerce network, acquired Skipti, a transportation facilitator that helps drivers, retailers and consumers schedule, deliver and return rentable products to and from homes.
The amount of the deal was not disclosed.
The acquisition of Skipti accelerates OV Loop’s growth and business plans.
Led by CEO L.P. Platow, and CTO Michael Arner, Skipti is a rental delivery marketplace to facilitate complex pickup and drop offs of equipment like Rug Doctor machines and home improvement tools, transforming how businesses and consumers facilitate the transport of goods to and from depots and homes. With it, businesses offer customers flexibility and access to a wide range of goods without long-term commitment.
Led by CEO Will Graylin, OV Loop is building America’s SuperApp commerce network (loop) with a private universal wallet and mall where buyers, sellers and influencers can interact and transact across devices and channels. It closes the commerce loop between the buyers’ wallets with sellers’ POS, across devices and channels, with privacy, security and personalized rewards that help users save time and money. For sellers, OV Loop offers an omnichannel engagement platform that fosters customer loyalty and boosts sales.
FinSMEs
22/07/2024