Stylechi, a London, UK-based social e-commerce specialist, raised a £150k funding.
Backers included a syndicate of London Business Angel investors, including a £35k investment by the LBA SEIS Fund 2012 fund.
The company intends to use the funds to to expand marketing and sales resources and accelerate growth.
Led by Emmanuel Eribo, CEO, Stylechi has built an online ecommerce social platform which offers each user their own individual prices for items based on their purchasing history and their interactions on the site. The website’s real-time loyalty system remembers and rewards the members of the Stylechi community instantly.