# Pockee

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pockee

- Industry: Internet
- Headquarters: Athens, Greece
- Website: www.pockee.com
- Total disclosed funding: $1.5M
- Latest round: Series A (Jun 19, 2017)
- Investors on record: 2

## About

Pockee is a cashback application that enables users to earn rewards through their shopping activities, offering a seamless way to enhance consumer savings and engagement across various retail networks.Pockee, founded in 2014 in Athens, Greece, operates a cashback application that allows users to earn rewards by submitting purchase receipts. The company raised EUR 0.5 million in Seed funding from OpenFund on May 19, 2015. Founders Maria Drinia and Zissis Tsairelis have a history of involvement in entrepreneurial ventures, contributing to the company’s strategic direction. Pockee has executed a total of 2 deals to date, focusing on building a robust cashback ecosystem.Pockee primarily offers a cashback application that allows users to earn rewards through their shopping activities. The core functionality of the app enables users to register their receipts from various purchases, which earns them cashback, loyalty points, and entries into competitions. The platform is designed to engage users by providing relevant notifications based on their shopping habits, effectively personalizing the user experience. Pockee serves a diverse customer base that includes individual consumers and brands seeking to enhance customer loyalty and engagement, operating in multiple geographical markets with a focus on urban areas where digital shopping is popular.In the most recent fiscal year of 2022, Pockee reported a revenue of EUR 568,300.1 with an EBITDA of EUR 29,906.3. The revenue model is centered around transactions within its cashback ecosystem, primarily derived from partnerships with retailers, where fees are generated from submitted receipts showcasing purchases made at partner retailers.Pockee aims to enhance its application with upcoming features designed to improve user engagement and expand its market reach. The company intends to target new geographic regions, though specific markets have not been disclosed. The recent Seed funding of EUR 0.5 million will support these initiatives, focusing on product development and market expansion efforts, positioning Pockee to capitalize on growing digital shopping trends.

## Funding rounds

- Series A, Jun 19, 2017, $0.8M — VentureFriends
- Seed, May 19, 2015, $0.6M — OpenFund
- Seed, Apr 30, 2014, $0.1M — OpenFund

## Investors

- OpenFund (https://capitalatlas.ai/funds/openfund) — Seed
- VentureFriends (https://capitalatlas.ai/funds/venturefriends) — Series A
