Subscription Data Platform Qonversion Closes £1.45M Funding Round
12/14/21, 9:46 AM
Location
Money raised
£1.45 million
Round Type
seed
Qonversion, a London-based subscription data platform, has raised €1.7m (£1.45m) in a funding round. This investment round was led by Flashpoint VC and Visionaries Club alongside participation from Blinkist founder Holger Seim and S16VC.
Company Info
Location
london, ontario, canada
Additional Info
The subscription data platform intends to use the funds to strengthen its engineering team and build a commercial team that will accelerate its international expansion across the US, Europe and APAC region. The company offers a complete toolset to build, analyse, monetise and grow a mobile subscription business. The platform includes subscription analytics and data management tools like AB testing and integrations with other platforms to grow subscription revenue.“The subscription model is becoming the dominant business model on mobile, but there are a lot of complexities involved in managing subscriptions and leveraging subscriptions data,” said Michael Stysin, Qonversion co-founder and CEO.