techreach
Latest round
- Seed
Last raised
- Jul 2022
Total raised
- $1.9M
Investors
- 6
About techreach
Founded by Lea Frank and Tobias Gubo, techreach GmbH, headquartered in Regensburg, Germany, offers digital receipt technology. The company pivoted its strategy to focus on real-time consumer engagement, enhancing its service offerings.anybill offers a digital receipt solution designed to enhance the shopping experience by integrating point-of-sale (POS) systems with real-time consumer engagement tools. Their flagship product allows retailers to issue digital receipts directly at checkout, eliminating the need for paper receipts. This service not only facilitates the seamless transfer of purchase data to customers via QR codes, payment cards, or customer loyalty programs but also enables retailers to analyze consumer purchasing behavior for more personalized marketing efforts. anybill's technology caters to a diverse client base, including major retailers and brands across various sectors such as retail, hospitality, and fuel stations, and it is operational in over nine countries.Revenue generation for anybill primarily stems from partnerships with retailers and service providers who implement their digital receipt technology within their POS systems. The company operates on a subscription-based model, where clients pay for the integration and ongoing use of the digital receipt service. Retailers benefit from increased customer engagement capabilities, such as the opportunity to promote loyalty programs and targeted offers through digital receipts. By facilitating a direct link between transactions and consumer preferences, anybill's service enhances the overall shopping experience while driving repeat business. The company is focused on developing additional features for its digital receipt platform, with an anticipated release later in 2023. Additionally, techreach GmbH aims to enter new geographic regions, specifically targeting the European and North American markets by mid-2024.
Who invested in techreach
6 investors across 2 rounds
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Questions about techreach
Who invested in techreach?
techreach has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has techreach raised?
techreach has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did techreach last raise money?
techreach's most recent round on record is a Seed, in Jul 2022.
What does techreach do?
Founded by Lea Frank and Tobias Gubo, techreach GmbH, headquartered in Regensburg, Germany, offers digital receipt technology.
Where is techreach headquartered?
techreach is headquartered in Regensburg, Germany.
Which VCs invest in companies like techreach?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at techreach's stage. Their profiles are linked below.
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