LiveStyled, the mobile customer experience platform for venues, today announced completion of £1.2m Series A funding round.
The round, managed by Nash and Co Capital, saw interest from investors seeking exciting and proven technology companies with huge scale potential. Investors range from those with interests in the live entertainment and theatre space, to those who have seen great returns from fast-growing tech startups. The investment brings LiveStyled’s total funding to £2m and sees Alex Buchanan of Nash & Co. join the board.
In the past 2 years LiveStyled has demonstrated the ability to successfully improve customer experience and drive incremental revenue for venues. Since launch, a range of clients in Music, Sport, Theatre and Retail industries have utilised the platform and its white labelled mobile apps, positioning it as the market leader in Europe.
The Series A investment will enable LiveStyled to aggressively accelerate its rapid expansion across Europe and increase its focus on global markets in the USA, Asia and Australasia. Development resource will be increased to execute a product roadmap that meets the demands of clients in these international territories.
Founder and CEO of LiveStyled, Adam Goodyer says “It is an incredibly exciting time for LiveStyled. Our team have been working tirelessly with venue industry leaders and we are proud to be delivering a best-in-class platform that meets the needs of customer-focused venues. We are grateful to Nash & Co for their advice & support, and of course to our investors for helping us get to where we are today.
“The product has now proven its ability to use data science to analyse consumer behaviour in order to target consumers in the right place, at the right time, with the right message. This, in turn, enhances the experience and delivers incremental commercial returns.
“Investment raised in this Series A round will expedite our expansion plans over the coming months. It’s a new chapter in the story of LiveStyled and we look forward to bringing on many new clients in these markets”.
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