
Alven leads SoCloz funding round
Alven Capital, Fa Dièse and a consortium of business angels have provided French pre-shopping platform SoCloz with a first round of financing.
The deal is undertsood to amount to €1m in total, with Alven providing €400,000 and the remainder evenly split between Fa Dièse and the business angels.
SoCloz will use the fresh funding to develop its platform – launched six months ago – by adding new functionalities, shops and partners.
Company
Founded in 2010 and based in Asnières-sur-Seine, SoCloz has developed a "pre-shopping" platform enabling users to look for specific items in brick-and-mortar shops close to their location. The platform references information such as pricing , real-time stock levels, distance to the shop and opening times. The service went live in November 2011.
People
Jérémie Herscovic is founder of SoCloz.
Advisers
Equity – CVML, Arthur Dethomas, François Brocard (Legal).
Company – Clipperton Finance, Alexis Barba (Corporate finance); Charles-Philippe Letellier (Legal).
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