LOKE raises GBP2.85m Series A investment
Summary
LOKE provides hospitality and retail businesses a sales and marketing platform designed to create new revenue channels, increase the average order value, frequency of transactions and reduce labour costs. LOKE has a unique data-driven loyalty proposition that makes a huge difference in helping hospitality SMEs boost customer spend and retention. We are very much looking forward to working with them as they embark on the next stage of their growth.” LOKE’s Co-Chief Executive Officer, Matt Khoury, says: “It is not simply ordering technology that will create sustainability or revenue growth for operators. “Big name delivery apps’ models are not always sustainable for small businesses, placing too much financial pressure on owners who are already struggling to keep open during COVID. LOKE’s omni-channel market leading approach gives our business an opportunity to interact with our customers and we are delighted with the progress that the team has made in such a short time.”