![]() ![]() We expect that the global e-commerce market will continue its growth at more than 10% per annum, with Latin America leading the race. Despite that, the efficiency of Retail Rocket products surpasses those of international competitors. ![]() The company was bootstrapping its growth after the seed round. “We were impressed with the company’s results given the limited amount of investment they raised. “Retail Rocket popped on our radars thanks to their international expansion and ability to set up sales teams in Europe and Latin America,” Flintera partner Sergey Vasin said in a statement. Sources close to the company tell TechCrunch that Retail Rocket has $50 million set aside for acquisitions alone. Retail Rocket has around 150 employees spread across offices in the Netherlands, Germany, Spain, Italy and Chile, and it plans to double down on mergers and purchases in the coming months. According to HubSpot, a mere 5% increase in customer retention can boost profits by 25% to 95%. But the promise of software that predictably drives repeat business is alluring. And users are switching over from more expensive alternatives like data. After the lockdown ended, there was a decrease, but to levels exceeding the pre-lockdown months, because a lot of people were forced to change their buying habits towards online shoppings.”Ībsent independent reviews of Retail Rocket’s platform, it’s unclear whether its approach might beat out rivals like SalesForce, SAP, Bloomreach and Dynamic Yield. Google and Amazon have over 400 employees each who trust and use RocketReach everyday. “In most countries, the pandemic lockdowns spiked online sales, thus we experienced a temporary revenue increase. “We work with e-commerce on a performance-based pricing model,” Khlebinsky explained. By analyzing their actions - for example, the links they click on - the platform attempts to figure out their wants and preferences. “The complexity of digital marketing tools is booming too - just several years ago we couldn’t imagine the technologies we use today.”Īccording to Khlebinsky, Retail Rocket uses a mathematical model to segment first-time buyers of a company’s product. “The digital marketing world is growing very fast and the demand for highly skilled professionals is constantly increasing,” CEO Khlebinsky said. The learnings from their previous efforts were the springboard for Retail Rocket, which after multiple pivots eventually grew its customer base to more than 1,000 companies, including Nintendo, Puma and Decathlon. Founded in 2013 by Leonid Shangin and Yakov Filippenko, the company offered services to collect customer data and leverage it to create games, texts and tasks designed to encourage repeat business.Īs for Retail Rocket, it launched in 2012, headed by business school classmates Nick Khlebinsky and Andrey Chizh, who’d attempted but failed to gain traction with several startups. New York-based SailPlay had raised $3.3 million prior to the acquisition. In addition to the fundraising, Retail Rocket revealed that it acquired SailPlay, a startup developing software to help retailers build loyalty programs and send mass message campaigns. Join our growing community of users.Retail Rocket, a retention management platform for brands, today announced that it raised $24 million in a Series A round led by Cyprus-based private equity fund Flintera. RocketReach is trusted by the who's-who of the S&P 500. ![]() We find 2.7 social profiles per search. RocketReach reviews arent convincing and search options seem limited Try Snov.io: multiple search options that will fill your funnel with quality.On average we find 2.8 valid email addresses & 1.8 mobile numbers per professional.For 92% of these professionals, we can find at least one email address.We have coverage for 12 million companies worldwide.You can search for information for about 400 million professionals.Our science is better and the results speak for themselves. The founding team has 13 patents in high scale data mining, and cumulatively, decades of experience in petabyte-scale data systems. The key differentiating factor for RocketReach is the completeness and accuracy of our data. With features like the Ro cketReach Chrome Extension, Advanced Search & Bulk Lookup, RocketReach makes finding the contact information you need quick and easy! Never waste time manually prospecting again. RocketReach is by and far the industry standard, trusted by SDRs and recruiters worldwide. The principles of rocketry were first tested more than 2,000 years ago, but its only been within the past 70 years or so that we have built rockets to explore space. Over 5 million users trust RocketReach every day. RocketReach is the easiest and most accurate email finder for sales and recruiting prospects in the world.
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