Revolutionizing Retail: Slip's £2.5M Seed Funding Sparks Innovation in Receipt Technology
June 7, 2024, 9:32 am
Slip, a London-based receipt tech startup, recently secured £2.5M in Seed funding, signaling a new era in retail innovation. Led by CEO and Founder Tash Grossman, Slip aims to revolutionize the way retailers understand customer behavior by transforming receipts into a dynamic tool for engagement, insight, and growth.
With partnerships with leading providers like Shopify, Klaviyo, Epos Now, and Sitoo, Slip's API seamlessly integrates with existing systems, allowing for real-time insights to be fed directly into partner CRMs or marketing technology stacks. This innovative approach has already driven more than 25,000 app downloads and has been implemented in 400 stores, including major retailers like JD Sports and Beyond Retro.
The traditional receipt, once seen as nothing more than waste destined for landfill, is now being reimagined as a valuable source of customer data. By digitizing receipts and leveraging them as an acquisition channel for brand loyalty apps, retailers like JD Sports have seen significant increases in customer engagement and valuable data insights.
This recent investment will enable Slip to further enhance its technology and expand its reach to more retailers looking to unlock the potential of receipts. With the addition of Myles Dawson, former Managing Director of Adyen UK, as Chief Commercial Officer, Slip is poised for even greater success in the retail industry.
Founder & CEO Tash Grossman expressed excitement about the future of Slip, stating, "We're transforming the humble receipt into a data-rich source of customer insight. The response from our early adopter retail partners speaks volumes - our software drives engagement and unlocks valuable customer data. This investment will allow us to work with more retailers, enhance our products, and prevent billions of receipts from ending up in landfill."
In a world where every interaction with customers matters, Slip's innovative approach to receipt technology is paving the way for a more sustainable, data-driven future in retail. With this recent funding, Slip is poised to lead the charge in revolutionizing the way retailers engage with their customers and drive growth in an increasingly competitive market.
With partnerships with leading providers like Shopify, Klaviyo, Epos Now, and Sitoo, Slip's API seamlessly integrates with existing systems, allowing for real-time insights to be fed directly into partner CRMs or marketing technology stacks. This innovative approach has already driven more than 25,000 app downloads and has been implemented in 400 stores, including major retailers like JD Sports and Beyond Retro.
The traditional receipt, once seen as nothing more than waste destined for landfill, is now being reimagined as a valuable source of customer data. By digitizing receipts and leveraging them as an acquisition channel for brand loyalty apps, retailers like JD Sports have seen significant increases in customer engagement and valuable data insights.
This recent investment will enable Slip to further enhance its technology and expand its reach to more retailers looking to unlock the potential of receipts. With the addition of Myles Dawson, former Managing Director of Adyen UK, as Chief Commercial Officer, Slip is poised for even greater success in the retail industry.
Founder & CEO Tash Grossman expressed excitement about the future of Slip, stating, "We're transforming the humble receipt into a data-rich source of customer insight. The response from our early adopter retail partners speaks volumes - our software drives engagement and unlocks valuable customer data. This investment will allow us to work with more retailers, enhance our products, and prevent billions of receipts from ending up in landfill."
In a world where every interaction with customers matters, Slip's innovative approach to receipt technology is paving the way for a more sustainable, data-driven future in retail. With this recent funding, Slip is poised to lead the charge in revolutionizing the way retailers engage with their customers and drive growth in an increasingly competitive market.