Pointy raises $12M Series B to help bricks and mortar retailers fight Amazon
Pointy, the startup that offers tech to help bricks and mortar retailers, put their stock online so that it can be discovered via search engines, has picked up $12 million in new funding. The Series B round is led by Polaris Partners and Vulcan Capital, and brings total funding for the Irish company to $19 million.
Founded on the premise that people often resort to e-commerce behemoths like Amazon because they can’t find the same item locally, Pointy has developed a hardware and cloud software solution that makes it easy to create a bespoke website as means of making local stock discoverable online. Specifically, the ”Pointy box” hardware gadget connects to a store’s barcode scanner and automatically puts scanned items on a Pointy-powered website for the store.