Articles for April 2014

Pockee Raises €100k to Bring FMCG Coupons to Your Smartphone

Over the past few years, we have received literally dozens of submissions in the mobile couponing area. For a number of reasons, every single time we passed. That was until we recently met Zissis and the Pockee team.

Zissis Tsairelis, the founder, was pursuing a marketing career at Procter & Gamble. During it, he came to realise first hand the challenges and inefficiencies of FMCG couponing for consumers, retailers and brands alike. To provide some context, the biggest innovation in grocery couponing during the last 125 years has been the shift of printing them online.

Zissis came up with an idea on how to make things work for everyone involved, quit his job, set up a top-notch team and here we go. We were excited to hear at last an idea that makes sense in this industry, and become part of Pockee’s vision.

Pockee brings coupons of popular FMCG brands right to your smartphone. Next time you visit a supermarket you check in, see the list of available offers, pick and scan the products you prefer and get the discount right to your bank account. Yes, an app that really makes you money.

At the same time, Pockee integrates with big supermarket retailers to validate transactions, while offering a platform to brands to facilitate coupon marketing the way it should be.

The app will become available featuring a number of well-known brands in various supermarket retailers across Greece within a few weeks. We really feel enthusiastic about the team’s progress so far and the opportunities lying ahead. Welcome, Pockee!

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The spring Call for Proposals is now open – Apply by May 20

After a lot of hard work to make the new rounds for Workable and Locish , as well as a series of new investments, we are now ready to resume our focus on pre-seed applications.

We currently have open two tracks:

  •   –   Pre-seed , where founders may submit their ideas or half-finished products
  •   –   Seed, for founders with completed products and some revenues, seeking to grow their business further

The call will remain open until May 20th, a date after which we will start the intensive processing of this batch’s proposals. Initial feedback can be expected ahead of that.

Necessary ingredients for the pre-seed stage are: entrepreneurial teams based in (or willing to move to) Greece, with innovative ideas for software products that target significant, international markets. As an indication, we offer €50k-€100k, on top of our continued commitment to support.

Entrepreneurs or startup enthusiasts not ready to come up with their idea may consider applying for a job at one of our portfolio companies. CVs received here are visible to all of our Founders.

We look forward to working with you, to help you turn your ideas into successful businesses.

Should you have any further questions before submitting, do not hesitate to contact us .

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