Embargo secures £830k in new funding to expand its hospitality loyalty platform
The London startup has raised backing from angel investors across hospitality, real estate and sport.
Embargo provides a digital loyalty, CRM and ordering platform tailored for hospitality venues. The company helps independent operators and smaller chains manage customer retention and digital sales across multiple channels.
London-based hospitality loyalty platform Embargo has secured £830k in a new funding round. The investment draws support from angel investors and industry figures spanning the hospitality, real estate and sport sectors.
Funds will be directed toward scaling operations internationally as demand for digital hospitality solutions increases. The company has experienced significant client growth during the pandemic, expanding its platform presence to over 800 locations.
From the founder
"The success of our latest funding round, teamed with the strength of cross-sector support we received, marks another exciting milestone for the business. Indeed, we now have the resources to confidently scale up operations, across the UK and beyond."
Tsewang Wangkang
Co-founder at Embargo
Investor perspective
"I loved the unique concept, the team, the user traction and how users are responding through high engagement. Loyalty is about perfect execution and building a solution the customers love. Embargo is the one who got it right."
Faraz Nagree
Founder, Faraz Nagree
Use of funds
- 01Expand into international markets
- 02Scale operations