MMC Ventures leads $19m funding round for Lookiero

Also taking part in the investment were existing investor All Iron Ventures, and new investors Bonsai Partners, 10x Venture Partners and Santander Smart. 

The company intends to use the fresh capital to expand its presence in Spain and internationally, primarily in France and the UK. The funding will also support the growth of Lookiero's London office, which currently has more than 20 people.

Previous funding
Lookiero raised €4m in a funding round led by All Iron Ventures in June 2018.

Company
Established in 2015 and based in Bilbao, Lookiero applies algorithms to a database of personal stylists and customer profiles to provide a personalised online shopping experience to its customers. The company claims to have more than 1 million registered users and to have grown its revenues by more than 200% from 2017 to 2018.

People
Lookiero – Oier Urrutia (founder).
MMC Ventures – Simon Menashy (partner).

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• Topics
• Expansion
• Technology
• Southern Europe
• Consumer
• MMC Ventures
• Spain
• Venture