Prsnt raises £180k in seed funding from Suss Ventures to scale its gifting platform.
The seed round was backed by Suss Ventures to support platform refinement and user growth.
Prsnt operates a peer-to-peer mobile platform that allows users to instantly purchase and share small items from high street brands alongside personalised messages. The application connects directly to smartphone contact lists to facilitate social giving for various occasions.
Prsnt has secured £180k in seed funding through Suss Ventures, the investor matching service operating within Sussex Innovation. The capital will be deployed to refine the mobile platform following successful beta trials and to expand the active user base. This injection supports the company in its mission to capture market share within the digital gifting sector.
From the founder
"We spent the first 6 months working on the idea with very limited budget."
Omid Moallemi
Co-founder at Prsnt
Use of funds
- 01Continue product development
- 02Accelerate go-to-market
Investors
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About the company
Prsnt
Prsnt provides a mobile app for sending digital gifts and messages instantly to friends and family.