# ReceiptHero

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

- Industry: Software
- Headquarters: Tampere, Finland
- Website: www.getreceipthero.com
- Total disclosed funding: $3M
- Latest round: Seed (Dec 1, 2020)
- Investors on record: 3

## About

ReceiptHero Oy, based in Finland, offers innovative digital receipt solutions that streamline the traditional paper receipt process for merchants, enhancing customer experience and promoting eco-friendliness.ReceiptHero Oy specializes in digital receipt technology, aiming to replace paper receipts with efficient digital solutions. Founded in 2018 in Tampere, Finland, by Saku Pihlajaniemi and Tuomas Peippo, ReceiptHero has successfully completed 4 funding deals. The latest round, a Seed round, occurred on July 17, 2024, led by Lifeline Ventures, with a total amount raised of EUR 2.43 mn.ReceiptHero specializes in providing digital receipt solutions aimed at transforming traditional paper-based receipt processes into efficient and eco-friendly digital alternatives. Their core offering enables merchants to generate digital receipts through seamless integration with various Point of Sale (POS) systems and major card providers, including Visa and Mastercard. This innovative approach allows customers to receive digital receipts automatically after transactions by registering their payment cards with ReceiptHero. Additionally, customers can easily access receipts via QR code scanning or through ReceiptHero's web service if they miss the opportunity to collect a receipt in-store. The solutions cater primarily to merchants across various sectors, including retail and hospitality, with a focus on markets in Europe and North America. By streamlining the receipt process, ReceiptHero aims to enhance customer experience while promoting sustainability by eliminating paper waste.ReceiptHero's revenue for the most recent year, 2023, amounted to EUR 261,048.10, with an EBITDA of EUR -712,629.20. The company's revenue is generated through partnerships with merchants and retailers that utilize their digital receipt solutions, relying on subscription models and service fees for integration into existing POS systems, allowing for customized digital receipts that enhance customer engagement.On July 17, 2024, ReceiptHero Oy raised EUR 2.43 mn in a Seed funding round to support the company's initiative to expand and transition from paper receipts to digital alternatives. With plans to launch new products aimed at further enhancing their digital receipt offerings, ReceiptHero is also targeting growth in new markets across Europe and North America. This funding will be utilized specifically to bolster these expansion efforts.

## Funding rounds

- Seed, Dec 1, 2020, $3M — Lifeline Ventures, Superhero Capital, Vidici Ventures

## Investors

- Lifeline Ventures (https://capitalatlas.ai/funds/lifeline-ventures) — Seed
- Superhero Capital (https://capitalatlas.ai/funds/superhero-capital) — Seed
- Vidici Ventures (https://capitalatlas.ai/funds/vidici-ventures) — Seed