What is Qonsent?
Qonsent operates a consumer wallet platform engineered to foster direct and consistent engagement between consumers and brands. The platform addresses a critical gap in consumer-brand interaction by establishing a centralized digital space for relationship development. Qonsent's core offering enables brands to connect with their customer base through a unified interface that prioritizes consumer choice and transparency. This approach consolidates fragmented loyalty programs and promotional channels into a single, user-controlled environment, fundamentally shifting brand-consumer dynamics by placing consumers at the center of engagement. Consumers can manage preferences, rewards, and communications with multiple brands simultaneously. The platform architecture supports diverse engagement models, including loyalty rewards, personalized offers, direct messaging, and transaction capabilities, providing brands with valuable insights into customer preferences and behavior patterns.
How much funding has Qonsent raised?
Qonsent has raised a total of $5M across 1 funding round:
Angel/Seed
$5M
Angel/Seed (2021): $5M with participation from Zekavat Investment Group, BRAND NEW MATTER, Michael Kassan, Lunch Partners, Gary Vaynerchuk, Marc DeBevoise, Tom Chavez, and Crosscut
Key Investors in Qonsent
BRAND NEW MATTER
BRAND NEW MATTER is a firm specializing in investment and advisory services, offering expert guidance in financial investments to help clients achieve their financial goals. They are focused on enhancing their service offerings through a new website.
Lunch Partners
Lunch Partners is a collective of business leaders investing in early-stage companies with passionate leaders, providing strategic guidance and expertise. They focus on founder-led companies at seed and early A rounds across various industries, seeking products and services with clear purpose and market demand.
Gary Vaynerchuk
Gary Vaynerchuk is a serial entrepreneur and CEO of VaynerMedia and VeeFriends, focusing on building businesses and creating intellectual property. He is a New York Times bestselling author and speaker on marketing and entrepreneurship, helping brands enhance their strategies and audience engagement.
What's next for Qonsent?
The recent major strategic investment in Qonsent signals a pivotal growth phase for the company. This capital infusion is expected to accelerate the expansion of its consumer wallet platform, enhancing its capabilities for direct brand-consumer engagement. Qonsent is likely to focus on scaling its user base and deepening its partnerships with retailers and service providers. The strategic nature of this financing suggests a focus on market penetration and solidifying its position as a key intermediary in the evolving landscape of digital brand loyalty and consumer relationship management. Future developments may include enhanced personalization features and broader integration across various consumer service sectors.
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