What is Poq?
Poq operates as a Software-as-a-Service (SaaS) provider, specializing in empowering retailers to create bespoke native mobile applications. The company's platform is designed to help clients enhance their brand presence, increase product sales, foster deeper customer loyalty, and deliver targeted content, communications, and rewards. Headquartered in London, United Kingdom, Poq addresses the critical need for retailers to establish a robust and engaging mobile presence in an increasingly digital marketplace. The company's focus on customization and native app development differentiates it from generic e-commerce solutions, offering a more integrated and brand-aligned customer experience.
How much funding has Poq raised?
Poq has raised a total of $19.6M across 6 funding rounds:
Other Financing Round
$800K
Other Financing Round
$534K
Series A
$4M
Debt
$1.3M
Other Financing Round
$1.3M
Series B
$11.7M
Other Financing Round (2012): $800K with participation from Seedcamp and Venrex Investment Management
Other Financing Round (2014): $534K led by Seedrs and Venrex Investment Management
Series A (2016): $4M supported by Beringea, Venrex Investment Management, and Seedcamp
Debt (2017): $1.3M featuring Barclays
Other Financing Round (2017): $1.3M backed by Barclays PLC
Series B (2018): $11.7M with participation from Revolt Ventures, Smedvig Capital, and Beringea
Key Investors in Poq
Revolt Ventures
Revolt Ventures is a boutique management consulting firm that helps companies improve their profitability and sustainability. We assist companies in reducing their risk and improving their processes and systems. We enable companies to cut through the clutter and confusion, build a structured process where companies can efficiently measure and manage the organisation.
Smedvig Capital
Smedvig Capital is the London arm of the Smedvig Family Office, specializing in investments in private markets assets, particularly in Private Equity and Venture Capital. Since its inception in 1996, the firm has invested nearly $2.5 billion, focusing on growth stage businesses across the UK, Nordics, BeNeLux, and DACH regions.
Beringea
Beringea is an international venture capital firm that invests in high-growth businesses in the US and UK, focusing on empowering entrepreneurs to build billion-dollar companies. With a diverse network and expertise across multiple sectors, they provide strategic support to their portfolio companies.
What's next for Poq?
With the recent major strategic investment and a substantial total funding amount of $19.6M, Poq is well-positioned for its next phase of growth. The company's trajectory suggests a focus on scaling its operations, enhancing its platform's features, and potentially expanding its market reach into new geographical regions or retail verticals. The enterprise-level backing indicates confidence from investors in Poq's business model and its ability to capture a larger share of the retail app development market. Future strategic moves may involve further technological innovation, partnerships with complementary service providers, or acquisitions to bolster its competitive edge.
See full Poq company page
