Tech Company Financing Transactions
SKUxchange Funding Round
Advection Growth Capital participated in a $11 million Series A venture round for SKUxchange. The round was announced on 3/28/2023.
Transaction Overview
Company Name
Announced On
3/28/2023
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Series A
Investors
Advection Growth Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand its current product offerings, continue its implementations with global organizations spanning retail, consumer packaged goods, payments and healthcare.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
501 1st Avenue North 901
Saint Petersburg, FL 33701
USA
Saint Petersburg, FL 33701
USA
Phone
Undisclosed
Website
Email Address
Overview
An innovative payments solution, SKUx gives brands and retailers the power to deliver secure, intuitive digital offers anywhere, anytime, at the speed of today's consumer. The company's patented platform-as-a-service combines first-party data, offer details, serialization, funding, and settlement to increase customer trust, loyalty and create new opportunities for consumer engagement. The result -- new incremental revenue, improved efficiency, and laser sharp transparency for all industry stakeholders.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Scott Sandlin
Chief Executive Officer
Jim Sampey
Chief Technical Officer
Moshe Joshua
Co-Founder
Kenneth Douglas
Co-Founder
Bobby Tinsley
Co-Founder
Robert Zaccardo
VP - Marketing
Bryson Hale
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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