Tag Archives: Booksy

Booksy raised $4.2M

Polish application for booking visits, for example hairdressers and beauty salons, has closed another round of financing. This time Booksy received more than $ 4 million. It will be allocated in further development of several functions, such as allowing in-app payments, enabling larger merchants to handle personnel through the software, and development of better reporting systems.

Many of the beauty service providers do not have time to pick up calls and make appointments after their work hours. Customers, on the other hand, want to book a visit twenty-four hours a day, seven days a week. Booksy helps both clients and owners of premises in solving this problem. Customers – because they have access to the platform at any time, and entrepreneurs – because it happens without them, so that they can do other things at that time. Adoption of the app has been shown to improve customer loyalty and frequency of bookings. It is partly because by using Booksy, businesses are able to accept bookings outside of working hours for the first time. In addition to scheduling, Booksy helps entrepreneurs with several other features meant to support and boost their processes, such as a CRM, marketing automation, inventory management, point-of-sales, reports, management of commission for employees, and (soon) in-app payments.

In contrast to its competitors, Booksy does not act as a marketplace or even does not charge for reservations. It operates in a SaaS model with a monthly subscription. The application has competitors in every market, for example: Treatwell from the UK, LadyTime from Poland, StyleSeat from the U.S., Vaniday from Brazil. Each of them acts as a marketplace and charges for reservations. Entrepreneurs are not content with that.

This round of financing led the Open Ocean fund with participation of the Australian company and investor Investible, as well as Polish Nomad Fund, Kai Hansen (ex-Lieferando), Apostolos Apostolakis, as well as the head of the Google Campus in Warsaw – Rafal Plutecki. In 2015 Booksy already received EUR 700 thousand, which was invested in the project. Among others, the investor was Inovo vc fund.

Seven Polish startups that succeed abroad

The Polish market of startups becomes more and more notices and has a vision of going beyond its native backyard. The number of Polish startups situates itself at the level of 2.4 thousand of entities. Their activities are focused primarily on software production for mobile applications industry, e-commerce and online services. Many entrepreneurs seek foreign investors and business angels. Few, however, have been successful on an international scale. Here are a few of these, which have succeeded:

 1. Ivona

This is a speech synthesizer, which originally was to serve the blind and partially sighted. Soon, however, it also become a tool for news reading and support for call centers and hotlines. Ivona stands out in that it has a natural, warm voice and is devoiced of a flattened voice effect alike Darth Vader mask. Before, Ivona got acquired by Amazon in 2013, it had won many awards and distinctions. Ivona speaks 17 languages in 44 different voices.

 2. Brand24

The company is involved in monitoring the Internet and social media. Its tool collects all mentions feed of products, brands and other keywords from websites, forum discussions and social media. It helps to spot problematic issues before they escalate to protect your company image.  The tool is used by: IKEA, the History Channel, H & M and… the White House. Brand24 belongs to a group LARQ, which is listed on the stock exchange. Last year, the company’s revenue increased by 88%.

  1. LiveChat

The company focuses on actions in the model of software as a service. It opened a branch in the USA. Nearly 80% of the more than 10,000 customers are foreign companies and corporations, such as: Bosch, LG, Samsung, Orange, Adobe, Pizza Hut, Ryanair and Stanford University. The most known product is LiveChat – software for sales, consulting, customer service and website support.

 4. Estimote

The company produces beacons – sensors for precise geolocation, mainly indoors. These solutions uses in its stores, for example, Apple. In 2013, Estimote acquired $ 3,1 million of funding, and in 2016 it acquired $ 10,7 million.

  1. Brainly

It’s a website where students ask questions about specific homework assignments and wait for response from other students or experts in the field. Currently, the service has more than 60 million users and 80% of them use Brainly every month. In May 2016 the company received a $ 15 million funding from Naspers. Earlier, in two rounds of investment, it had managed to collect $ 9.5 million.

  1. Codility

The software allows to quickly assess technical skills of candidates to work in IT. In 2009, the it won the competition for start-ups organized by Seedcamp in London. Today Codility can boast a list of nearly 1100 clients, among them: Amazon, PayPal, eBay, Samsung, Nokia, Harvard University.

 7. Booksy

This is a tool for businesses, service providers and their customers, which allows you to quickly and easily sign up on the calendar, for example to the hairdresser or beautician. Instead a phone-call, you need just a few clicks in the application, which means that a visit can be arranged even in the middle of the night. So far, the company has managed to acquire a total of $ 4 million funding  in two rounds of investment. Booksy operates in over 80 countries around the world.