A London technology company has secured £3m in investment that will see it switch part of its operations and create jobs in the North East.
The North East Development Capital Fund and Gresham House Ventures have completed a £3m funding round for RevLifter, an AI-powered technology platform that enables brands to achieve their eCommerce goals through personalised deals and content.
The company - which is used by major retailers such as New Balance, Uniqlo and Staples - aims to help companies solve challenges such as increasing basket values, lowering cart abandonment, raising margin, and boosting conversion rates.