;
Home / Knowledge / News / Information Technology / FlexReceipts bags capital funding from Florida Technology
FlexReceipts bags capital funding from Florida Technology
20
Mar '14
The Florida Technology Seed Capital Fund, LLC, a subsidiary of the Institute for Commercialization of Public Research (the Institute) announced that it has finalized a funding agreement with Orlando-based flexReceipts, the leading digital receipts software application for retailers.
 
The Institute works with Florida’s research universities and institutions to support new company creation and job growth, and helps companies bridge early funding gaps to attract additional private investment capital.
 
The flexReceipts solution allows retailers to connect with consumers after the transaction normally ends, at the receipt. Their enriched receipts are completely customizable, offering embedded video, product recommendations, social media links, unique discount codes and more. The application also provides analytics and insights into shopping habits and product trends.
 
With technology licensed from Florida Atlantic University, flexReceipts also offers a consumer portal that enables consumers to better manage their purchases with digital storage of receipts. 
 
This helps mitigate return woes as well as submission of warranty information and rebate claims, and integrates directly with retailers’ Point-of-Sale (“POS”) systems to provide retailer partners with superior data analytics and consumer engagement tools. The company plans to hire more than 30 employees over the next three years.
 
“flexReceipts allows retailers to ‘Go Beyond the Sale’ to better engage with their customers," said Tomas Diaz, CEO of flexReceipts. “And our consumer portal is helping those same customers manage their purchases and finances more efficiently using banking-level security standards.”
 
“The flexReceipts team has demonstrated strong capabilities to execute on their vision and we are pleased to support their continued progress," said Jamie Grooms, CEO of the Florida Institute. “Companies like flexReceipts that are based on technologies developed at Florida universities are creating jobs in key industries that will attract and keep top talent in Florida for generations to come.”
 

Florida Technology


Must ReadView All

Textile-garment park inaugurated in Ethiopia's Jimma

Textiles | On 15th Dec 2018

Textile-garment park inaugurated in Ethiopia's Jimma

President Omar al-Bashir of Sudan, President Ismail Omar of Djibouti...

Some trying to create unrest over wages: Bangla minister

Textiles | On 15th Dec 2018

Some trying to create unrest over wages: Bangla minister

Some people are trying to create unrest in Bangladesh over the...

India's Mufti to expand footwear retail to over 500 stores

Apparel/Garments | On 15th Dec 2018

India's Mufti to expand footwear retail to over 500 stores

Indian denim brand Mufti recently announced expansion of its footwear ...

Interviews View All

Top executives, Textile & apparel bodies

Top executives
Textile & apparel bodies

The mid-term review of FTP is progressive, growth oriented

Rashi Menda, Zapyle

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Poojaa Kumar Deepak, Zeven

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Ravindra Jain, Ashish Baid,

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Mala Alwani,

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

Cong Zheng,

Cong Zheng

The China Textile Machinery Association (CTMA) is a social-economic...

Justin Gutierrez, INDA

Justin Gutierrez
INDA

The Association of the Nonwoven Fabrics Industry (INDA) has created a new...

Andreas Lukas, Andritz Nonwoven

Andreas Lukas
Andritz Nonwoven

With forces in engineering and process development, Andritz Nonwoven...

Pierre Wiertz, EDANA

Pierre Wiertz
EDANA

Pierre Wiertz talks about the vast world of sustainable nonwovens and...

Judy Frater, Somaiya Kala Vidya

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Pranav Mishra, Huemn

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Sandeep and Sarah Shaikh Gonsalves, SS Homme

Sandeep and Sarah Shaikh Gonsalves
SS Homme

SS Homme celebrates the craft of traditional tailoring through the bespoke ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


December 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search