Okendo Raises $5.3M Series Seed Investment, Led by Index Ventures

23 Jul, 2021

Okendo Raises $5.3M Series Seed Investment, Led by Index Ventures
Photo by Floriane Vita on Unsplash

– Okendo, a customer marketing SaaS platform for ecommerce brands, announced that it has raised $5.3m in seed funding.
– The round was led by Index Ventures with participation from a number of notable industry leaders.
– The funding follows 12 months of rapid growth, during which Okendo’s annual recurring revenue increased by more than 3x.
– The growth has been fuelled by the accelerated global adoption of ecommerce, increased merchant demand for customer-centric marketing solutions and Okendo’s continued business expansion in the United States.
– The company also announced plans to evolve its offering beyond its cornerstone customer reviews app and into a platform with a suite of integrated products for helping consumer brands better manage their owned customer relationships.

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