Tech Company Financing Transactions
Ubamarket Funding Round
Ubamarket, based in London England, secured $1.6 million from IW Capital.
Transaction Overview
Company Name
Announced On
2/20/2024
Transaction Type
Venture Equity
Amount
$1,580,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate its growth in the UK by continuing its technical integrations, store group launches and on-going retail roll-outs.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Ubamarket Ltd., Soho Works White City, 2 Television Centre,
London England, W12 7FR
UK
London England, W12 7FR
UK
Phone
Website
Email Address
Overview
Despite a rapidly evolving world with e-commerce and now, q-commerce re-shaping the retail landscape, in-store retail has remained largely the same for over 100 years. The classic search, select, put-in-cart, queue, unpack, scan your items (either at a self-checkout machine or via a cashier), present your loyalty card, re-pack, wait for a paper receipt and (eventually) go is almost as inefficient for the shopper as it is expensive for the retailer. Something had to change�
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Will Broome
Chief Operating Officer
Will Stead
Chief Technical Officer
Andrew Kempe
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Where The Data Comes From
We do our best to document every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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