Slip secures £2.5m in Seed funding led by Adjuvo to develop its digital receipt technology.
The Seed round was led by Adjuvo with participation from Haatch Ventures, Unbundled VC, and multiple angel investors.
Slip provides a digital receipts platform that helps retailers unlock customer data and insights. The software integrates with existing point of sale and CRM systems to offer targeted marketing and loyalty benefits.
Slip has raised £2.5m in a Seed round led by Adjuvo. The funding was joined by Haatch Ventures, Unbundled VC, the Side by Side Partnership, and several angel investors, including Dan Elton and Julian Burnett.
Founded in 2022, the company offers a platform that digitises retail receipts, turning them into a channel for customer acquisition, data collection, and brand loyalty. Its software is already utilised by retailers such as JD Sports and Beyond Retro.
The newly secured capital will be deployed to expand the team and further develop the company technology.
From the founder
"Until now, receipts have represented nothing but waste and a wasted opportunity. We’re transforming the humble receipt from its static, destined-for-landfill status into a data-rich source of customer insight. The response we’ve seen from our early adopter retail partners says it all: our software drives engagement and unlocks valuable customer data. We’ve seen huge spikes in everything from email sign-ups to app downloads for the brands using our software. This investment will enable us to work with more retailers, make our products even more impactful, and prevent billions of receipts from heading to landfill."
Tash Grossman
Founder and CEO at Slip
Investor perspective
"Slip has re-engineered the receipt from purely a proof of purchase into a tool that helps retailers better understand, re-engage, and reward their customers after leaving the store. Slip’s innovative, mobile-based technology not only gives customers a seamless experience throughout their transaction journeys, but also enables retailers to significantly improve data around customer behaviours and outcomes. We have been inspired by the drive and determination of Tash and the wider Slip team, and are delighted to support their next phase of expansion."
Mark Foster-Brown
CEO, Adjuvo
Use of funds
- 01Continue product development
- 02Grow the team
