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FlexReceipts Receives More Venture Capital

Friday, June 10, 2016 5:02:00 AM PDT | VentureDeal




Windermere, Florida  --  Receipt technology provider flexReceipts has raised $2.5 million in new equity and debt venture capital investment, according to an SEC regulatory filing.

FlexReceipts has developed what it calls "enhanced digital receipts" that provide retailers with a "post-sale opportunity to communicate with their customers."

The company's digital products promise to enable retailers to build customer loyalty and create repeat sales.

Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

A total of 12 investors participated in the offering.

FlexReceipts is still seeking $469,000 in additional financing, according to the filing.

Minimum investment size per investor was listed as $20,000.

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