LiSA, a Düsseldorf, Germany-based live and social shopping SaaS solution provider, raised a €2.7 million investment in a seed round led by TechVision Fonds (TVF).
The investment will help to accelerate the growth of its social commerce SaaS business.
LiSA will expand internationally and develop a social commerce cloud to enable frictionless, cross-platform, social shopping experiences.
Its live shopping SaaS solution will be developed into a one-stop shop for social commerce experiences.
Company: Lisa Retail Innovation GmbH.
Round: Seed Round
Funding Month: Aug 2022
Lead Investors: TechVision Fonds (TVF)
Company Website: https://www.hello-lisa.com/
Software Category: Live and Social Shopping SaaS solution
About the Company: Founded in 2018 by husband and wife, Sophie and Philipp Frères, LiSA is a live and social commerce assistant for e-retailers and marketplaces. LiSA is on a mission to bring the most joyful and seamless live shopping experiences to online shops across the globe. The company is also developing a social commerce cloud, which will include headless solutions to facilitate cross-platform discovery for users as well as an API-based partnership network. The German startup participated in the London-based Founders Factory accelerator program in 2019 and the New York Fashion Tech Lab in 2021. LiSA’s solutions have proven to help e-retailers reach customer engagement levels of up to 90%, online conversion rates of up to 35%, and organic social sharing rates of up to 14%.