Tilt, a London, UK-based provider of a real-time shopping app for fashion, raised $18m in Series A funding.
Theround was led by Balderton Capital with participation from existing investors TQ Ventures, Earlybird and Seedcamp.
The company intends to use the funds to accelerate the development of its app with diverse real-time shopping formats.
Founded by Neil Shah and Abhi Thanendran, Tilt is a real time shopping platform for fashion, which is reintroducing the human element through real-time interactions and community engagement, ensuring the experience is both authentic and fun.
Tilt lets buyers engage directly with sellers through real-time streams, providing instant, synchronous communication. Similar to in-store shopping, deals and offers are available only while users are actively engaged on the app, driving purchases by creating a dynamic, time-sensitive shopping environment.
Tilt has attracted over half a million users since its launch just a year ago.
FinSMEs
26/08/2024