thewealthnet

Wealthy investors back retail tech platform

News Team, 03/11/2020

A deal club for high net worth investors has taken part in a $13.5 million funding round for Reflektion, an AI-powered personalisation platform for the retail industry.

The London Technology Club (LTC) invested alongside venture capitalists including Clear Ventures, Intel Capital, Battery Ventures and Hasso Plattner Ventures.

Reflektion currently manages approximately $18 billion of "gross merchandise value", and has facilitated $5.5 billion worth of shopping since January 2018.

This fundraising round should boost Reflektion’s growth ambitions to move beyond eCommerce and into groceries. It will also help it...


Continue reading this article...


Start a free trial now for access to breaking news and cutting edge analysis of the wealth management industry.







You are currently not logged in,
login to view the full article
start by clicking this button.





Need a subscription,
fill out the form here or
contact subs@thewealthnet.com


About PAM

PAM Insight is the world’s leading independent provider of essential specialist news, analysis and comparative data for the fast-evolving world of wealth management.

Read more about PAM