A North Tyneside retail tech firm is set for growth after sealing significant investment from a leading private equity investor.
Cobalt Business Park based Shoptimised has been helping retailers and their marketing firms since 2018, providing price comparison software amongst a range of services to increase online sales. The company, which has clients around the world, has received “significant” funds from LDC, the investment arm of Lloyds Banking Group, to help support its ambitious growth strategy.
Shoptimised has seen strong growth in recent years, winning a number of awards along the way at high profile industry awards, and it has recently launched the latest version of its software to bring multi-lingual and enterprise level functionality, as well as enhanced services and reporting