Livingbridge in £5m series-A for Pointr

The funding round, which is ongoing, is expected to raise up to £5m at final closing.

Pointr will undertake a recruitment drive and pursue international expansion, with a number of offices planned in various locations around the world. It will also invest in product development.

Livingbridge invested via its Baronsmead venture trusts, while other existing investors also took part in the round.

Company
Founded in 2014, London-headquartered Pointr has developed a platform that provides navigation, tracking and orientation inside large venues. It allows airports, retailers and enterprises to analyse how consumers and employees interact with their surroundings and helps those people navigate the buildings. The platform has been installed at London's King's Cross Station, Gatwick Airport, Dubai International Airport and Harrods.

Pointr has a headcount of 25, and clients across 14 countries.

People
Livingbridge – Charlie Ross (investment team member).
Pointr – Ege Akpinar, Axel Katalan, Can Akpinar (co-founders).

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