WeGoLook, an Okahoma City-based provider of verification services for buyers of online products, raised $1.75m in Series A funding.
The round was led by i2E with $325k being invested from both the Oklahoma Seed Capital Fund and the OKAngel Sidecar Fund. The Seedstep Angels, a group of individual angel investors also managed by i2E, invested an additional $400k. In addition, company founders invested $600k with another $100k being invested by other Oklahoma investors.
The company intends to use the funds for technology development, which includes a mobile application, as well.
Founded in 2010 by Mat Smith and Robin Smith, WeGoLook provides verification for buyers of online products such as automobiles and heavy equipment, accident site inspection f and document delivery services through a nationwide network of more than 15,000 field agents known as “Lookers”. Through its mobile app, lookers are able to use a tablet or smart phone to take photos of property or asset as they are inspecting it and upload the images immediately along with reports for clients instead of waiting to return to an office.
Clients include auto auction and sales companies, financial institutions and insurance companies.