Cooee raises £300k in pre-seed funding to expand its AI customer engagement platform.
Jenson Funding Partners led the pre-seed round, which will fund product development and augmented reality expansion.
Cooee provides an artificial intelligence platform that helps mobile applications improve user retention through personalised engagement notifications. The low code software uses machine learning to deliver real time content without complex segmenting.
Cooee has secured £300k in pre-seed funding from Jenson Funding Partners alongside a group of angel investors from the United Kingdom, United States and India. The capital will be deployed to support further product development, expand e-commerce store reach and launch an augmented reality version of the offering. The business operates a low code platform designed to help mobile app providers deliver real time personalised notifications and reduce customer churn.
From the founder
"Technology advancements have made it possible to create a website or a mobile app in minutes but there were no solutions that allowed brands to deliver data-driven user engagement with automation."
Shwetank Tamer
CEO and founder at Cooee
Investor perspective
"The app store is an incredibly crowded market, and apps with smaller budgets struggle to stand out in the noisy world of digital ads. Cooee is one of the first companies in this space that I’ve come across to truly put personalisation and affordability at the heart of what they do, and that opens up a huge market for them."
Jeffrey Faustin
Partner and CIO, Jenson Funding Partners
Use of funds
- 01Continue product development