Edinburgh tech start-up Stampede has received £1 million seed funding from investors including Techstart Ventures , Galvanise Capital, angel investor Judy Wilson and the Scottish Government.
The firm – previously known as BLACKBX – supplies software that helps bricks and mortar retailers and hospitality businesses market themselves more effectively. Its customer engagement and marketing analytics tool aims to reduce time and money wasted on physical promotions and advertising. It is already used by over 800 venues.
The new funding will allow the Leith company to expand in the UK and internationally, and grow its team from 32 to 60 employees. It aims to contact every pub, bar, restaurant, café, hotel and shop in the UK over the next 12 months.
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