Enjoy Inc., a Menlo Park, CA-based mobile retail store experience company, secured a Series C growth funding.
The amount of the deal was not disclosed.
LCH Partners, L Catterton’s new consumer technology platform, made the investment in a round that brings the total funding raised to date to more than $350m. Other previous investors include Riverwood Capital, Stamos Capital, Kleiner Perkins, Highland Capital, and Oak Capital Management.
The company intends to use the funds to accelerate innovation and international growth. They announcef UK expansion and plans for additional countries.
Launched in May 2015 and led by CEO Ron Johnson, former Head of Apple Retail, Enjoy provides companies to manage the shift from brick and mortar to online commerce by bringing the products to consumers. The company has created a mobile retail store experience and has partnered with companies like AT&T, EE, Google, and Sonos to serve customers in the U.S. and UK with free hand-delivery and setup of the best tech products.
With each of above mentioned partner companies, Enjoy is a feature that customers can select at checkout and is fully integrated with retail locations and call centers. The customers who purchase products with an Enjoy Partner can elect to have expert delivery and setup, often the same day, free of charge with the ability to purchase additional product solutions, as they would in a physical store.
Enjoy expaned to 51 U.S. cities in 2018, and to the U.K. in 2019. In 2020, it will be available to 80% of the UK population.
FinSMEs
28/08/2019