A young Scottish firm that helps retailers to identify unpopular products has raised funds to expand its team and win more clients.
Clear Returns, which produces software that allows companies to monitor which goods are sent back by customers and why, has rustled up £220,000.
Vicky Brock, who started work on the business 18 months ago, raised £110,000 from Angels Den and Angel Academe, a network for female investors and mentors.
The money was matched by the Scottish Investment Bank’s seed fund. More than 30% of the angel investors are female.
“The product scores customers on what they keep, not on what they buy. Companies get a better understanding of what their consumers want and like,” said Brock, 42.
Going up: Vicky Brock helps retailers to monitor goods that are sent back (Ashley Coombes)
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