LoyaltyLion Closes $370K Seed Funding

LoyaltyLion, a London, UK-based social loyalty platform, closed a $370k seed funding round.

The round was led by EC1 Capital, with participation from Jan Boluminski, Co-Founder of PAYBACK, Tim Jackson, QXL Founder, and serial entrepreneur Paul Burmester, who are mentors for Startupbootcamp.

The company intends to use the funds to grow the team and to test new concepts on the platform.

Co-founded by CEO Charlie Casey and CTO Dave Clark, LoyaltyLion provides ecommerce stores with a white-label social loyalty program to engage and retain customers by earning points for logging in to their account, or engaging with the brand through social media channels.
It is compatible and integrates with the most commonly-used ecommerce platforms – Shopify, Magento and SEOshop.

The company is a graduate of Startupbootcamp Berlin 2012.

FinSMEs

23/04/2014

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