# Quikkly

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/quikkly-2

- Industry: Software
- Headquarters: Windsor, UK
- Website: www.quikklycodes.com
- Total disclosed funding: $1.5M
- Latest round: Seed (Apr 18, 2016)
- Investors on record: 4

## About

Quikkly Ltd specializes in innovative smart code technology, providing advanced alternatives to traditional QR codes for enhancing customer engagement and product authenticity across various sectors.Founded in 2014 and headquartered in Windsor, UK, Quikkly Ltd offers unique smart code solutions that facilitate customer interaction and product verification. The company has completed two deals to date, with the latest deal occurring on April 18, 2016, when it raised GBP 602 thousand in a Seed funding round led by The FSE Group, alongside investors such as Force Over Mass Capital and True Capital Partners. The firm is currently valued at GBP 5.3 million post-money. The CEO and one of the founders, Fergal Walker, has been actively involved in driving the company's growth and innovation.Quikkly specializes in the provision of smart codes, serving as a sophisticated alternative to traditional QR codes. Their core product offerings enable businesses to create customized smart codes for various applications, such as enhancing customer engagement and ensuring product authenticity. The technology allows for high-speed, high-accuracy scanning, even on curved surfaces, making it versatile for packaging and promotional materials. Notable clients include Lush Cosmetics, which utilizes Quikkly for sustainable packaging solutions, and the social network Snow, which offers tailored codes to its business partners. Quikkly's products are deployed across multiple geographical markets, including North America, Europe, and Asia, catering to a diverse range of end users from retail consumers to corporate clients seeking innovative engagement strategies.Quikkly's revenue model is structured around partnerships and licensing agreements, where businesses integrate Quikkly's technology into their applications and marketing strategies. The company engages in B2B transactions, providing solutions for brands to enhance customer interaction and verify product authenticity through smart codes. Revenue is generated through subscription-based licensing of their software development kit (SDK) and potentially through partnerships with prominent brands such as Lush and Pinterest. Specific pricing plans associated with their services are tailored to the needs of clients and may vary depending on the scale and functionality required. This approach ensures that businesses can leverage Quikkly’s technology to improve their customer engagement while establishing a reliable revenue stream for the company.As part of its future growth strategy, Quikkly plans to develop new products that enhance its smart code platform, with an emphasis on incorporating advanced features to further improve user experience. The company aims to target expansion into additional markets within Asia and North America by late 2023. The recent Seed funding round of GBP 602 thousand will be utilized to support these initiatives, allowing Quikkly to enhance its product offerings and expand its market reach.

## Funding rounds

- Seed, Apr 18, 2016, $0.9M — Initial Capital, The FSE Group, True, Force Over Mass Capital
- Seed, Dec 16, 2014, $0.6M — Initial Capital

## Investors

- Initial Capital — Seed
- The FSE Group — Seed
- True (https://capitalatlas.ai/funds/true) — Seed
- Force Over Mass Capital (https://capitalatlas.ai/funds/force-over-mass-capital) — Seed