Qloo Garners $4,500,000 Series A Round

  • Feed Type
  • Date
    6/15/2016
  • Company Name
    Qloo
  • Mailing Address
    195 Bowery 3rd Floor New York, NY 10002 USA
  • Company Description
    Qloo is a cultural discovery platform that empowers members to discover new things and places based on their existing taste in any area. Qloo serves personalized suggestions for: music, film, TV, dining, nightlife, fashion, books and travel. Qloo members can decide which aspects of their taste are most relevant every time they seek suggestions.
  • Website
    http://www.qloo.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $4,500,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    Qloo will use the new funding to increase the size and depth of their database, and win over new corporate clients. Qloo’s CEO said the company is interested in expanding within hotels and resorts, restaurants, media and entertainment, and even seeks to become a part of connected cars, especially helping automakers deliver personalized recommendations in a navigation or entertainment system.
  • M&A Terms
  • Venture Investor
    Investor
  • Venture Investor
    Investor
  • Venture Investor
    Investor
  • Venture Investor
    Undisclosed

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