Ukrainian startup  Replyapp raised $ 400 thousand of investments

Ukrainian startup Replyapp raised $ 400 thousand of investments

17.03.2016 News

Ukrainian startup  Replyapp raised $ 400 thousand of investmentsDigital Future and WannaBiz invest in the Ukrainian startup Replyapp $ 400 000. This is stated in the Digital Future report.

The founder of the project relied on a smaller sum. But investors felt that they need to invest in the growth of the project amid rising competition in America.

The first investor invests $ 350,000 in the project of the Ukrainian businessman Oleg Belozor. Another $ 50,000 invests WannaBiz fund.

Replyapp.io is the system that allows to automate the sending of personalized emails. Every email sent through the system, looks like it was written personally to the recipient by someone personally. In December 2015 the number of emails sent via this system has exceeded 1 million.

The company was founded in August 2014, and the first release took place in June 2015. “The service, primarily intended for sales managers and it’s used for the distribution of so-called” cold “emails (when they  apply to the client for the first time), as well as to automate the “warm” mailings (when they have already  communicated with the client)”, – the report says.

“In last six months, our sales grew by 30-50% in the month,  we were at the interview in 500 Startup and Y Combinator, and we could continue to grow without investment – with income from customers, however, the market where we are working now, very hot and competitive. Therefore, if we want to continue to hold a strong position in it, then we have already to work 10 times faster and more intensively, and hire people right now, and not to wait until our income will grow, so that we can do it ourself, without the investments”, – said the founder of the startup Oleg Belozor.

The investments will be aimed at expanding of the sales, marketing and product development. The founders of the startup originally requested only $ 200,000 – 250,000 investments. But the  investors have decided to give more. “Competition in the US is now enhanced, and we need to have time to drop in the train”, – said Alexey Vitchenko, CEO of the Digital Future investment company.

Source: biz.liga.net

Other articles

  • Now You Can Improve Your Chances to Open a Successful Trade
    News

    Now You Can Improve Your Chances to Open a Successful Trade

    Your approach to trading matters. There are times when your trades have more chances to succeed. Try to build your trading plan around the periods with the highest liquidity and make sure to avoid the market in most dangerous times. The Most Suitable Periods Your ability to open and close trades at the best price […]

  • The external debt of Ukraine added $ 2.5 billion
    News

    The external debt of Ukraine added $ 2.5 billion

    In the second quarter of 2020, Ukraine’s gross external debt increased by $ 2.5 billion and amounted to $ 122.8 billion, according to the National Bank. In terms of GDP, debt increased to 78.8% from 75.1% at the end of the first quarter. At the beginning of the year the figure was 78.6%. “External debt […]

  • The National Bank spent $ 71 million to support the hryvnia
    News

    The National Bank spent $ 71 million to support the hryvnia

    On September 14-18, the National Bank sold $ 71 million in currency on the interbank foreign exchange market. At the same time, the National Bank did not buy foreign currency in its international reserves during the reporting week. Therefore, the National Bank for the first time in the late July sold the currency on the […]

  • Business took eight billion of the available loans
    News

    Business took eight billion of the available loans

    Ukrainian banks have already issued UAH 8 billion in available loans under the “5-7-9” program. This was announced by Finance Minister Serhiy Marchenko on the talk show “Freedom of Speech of Savik Shuster”. “Today, 80 coins from the hryvnia loans are provided under the program of ” 5-7-9 “. UAH 8 billion and 3,000 loans […]

  • Trump does not like the terms of the TikTok agreement with Oracle
    News

    Trump does not like the terms of the TikTok agreement with Oracle

    US President Donald Trump has expressed dissatisfaction with the fact that under the terms of the agreement between ByteDance and Oracle, the Chinese company will retain a majority stake in the TikTok service, and Oracle will have a minority stake. This Trump said during the press briefing at the White House. Responding to the question […]

  • The Ministry of Justice won the lawsuit over the sale of Prominvestbank
    News

    The Ministry of Justice won the lawsuit over the sale of Prominvestbank

    The Kyiv Court of Appeal denied to Russia’s Vnesheconombank (VEB) in recognition of the decision of the arbitrator of the Arbitration Institute of the Stockholm Chamber of Commerce, which, at the request of VEB, the Ministry of Justice of Ukraine was obliged to stop the forced sale of 99.77% of Prominvestbank shares. The court agreed […]

  • The losses of Ukrainian farmers due to the drought were estimated at 118 billion
    News

    The losses of Ukrainian farmers due to the drought were estimated at 118 billion

    Ukrainian farmers may lose up to 118 billion hryvnias this year due to drought and frost. This was reported by the press service of the Agrarian Union of Ukraine. “This year, even the critically affected regions (Odessa, Mykolaiv, Kherson, Zaporizhia regions), despite the promises of the state, did not receive a single penny of assistance,” […]

  • IPO Snowflake may become one of the most popular in 2020
    News

    IPO Snowflake may become one of the most popular in 2020

    IPO Snowflake, which will take place on the NYSE, will be held at the higher price than announced in early September. On Monday, according to SEC applications, Snowflake, a company that makes storage software, raised its projected stock price to $ 100- $ 110, while the market valuation of the company could grow to $ […]

Read also

Ukrainian startup  Replyapp raised $ 400 thousand of investments
Analytics

China: the country of prospects and challenges

The territory of the People’s Republic of China occupies the third place by area (after Russia and Canada, then the USA follows the PRC). However, it is in the first place in terms of population of more than 1.404 billion, leaving behind India (more than 1.377 billion) and the USA (more than 331 million). There […]

Next
Ukrainian startup  Replyapp raised $ 400 thousand of investments
News

Microsoft will build two large data centers in New Zealand

The American corporation Microsoft has received permission from the New Zealand Department of Foreign Investment to build data centers in Auckland. This is stated in a statement issued by the agency on Wednesday. “New Zealand subsidiaries of Microsoft Corporation received management’s approval of foreign investments to purchase business assets, including various land, to further creation […]

Next
Ukrainian startup  Replyapp raised $ 400 thousand of investments
News

The largest producer of tomato paste will build a plant for $ 50 million

The  Agrofusion agribusiness holding intends to invest $ 50 million in building a plant for processing tomatoes in the Mykolaiv region. This is stated in a message on the site of the Mykolayiv Regional State Administration. “The Agrofusion Company begins construction of a new plant for processing tomatoes in Snigirevskyi district, which will be the largest […]

Next
Ukrainian startup  Replyapp raised $ 400 thousand of investments
News

Privatization of “President Hotel” went to the second round

The State Property Fund of Ukraine has chosen a company that will reassess the package of the state-owned shares of PJSC “President-Hotel” in the amount of 100% of the share capital. The winner of the contest, which was on July 27, 2016, was the company LTD “M Consulting.” The winner is required to conduct an […]

Next
Ukrainian startup  Replyapp raised $ 400 thousand of investments
News

What social projects are supported by business

LDaily decided to conduct a survey among the companies working in Ukraine to find out what social projects they support and why.       Anastasia Voitkevych, Head of Corporate Communications & Social Responsibility, Winner Group Ukraine Winner CSR has two focus areas — Charity and Responsible Business. Charity is philanthropy, Winner’s and its leadership’s […]

Next
Ukrainian startup  Replyapp raised $ 400 thousand of investments
News

” Mariupol Ilyich Iron and Steel Works “, JSC lost in the court over 1 billion UAH

” Kryvyi Rih Iron Ore Plant”, JSC  won in a court case to recover from the ” Mariupol Ilyich Iron and Steel Works “, JSC  the part of the ”Metinvest” group, a total 1.32 billion UAH  for the delivered products – the iron ore together with penalty charges. This is stated in the decision of […]

Next
Ukrainian startup  Replyapp raised $ 400 thousand of investments
News

Shares in the Chinese markets are falling rapidly after a brokerage scandal

Shares continue to fall in the Chinese stock market. Two major Chinese exchanges experienced a sharp decline in prices. One reason for this is the fact of fraud in the local exchange market. It will be recalled that, that the employees of the two major Chinese exchanges in the summer of 2015 are under investigation. […]

Next
Ukrainian startup  Replyapp raised $ 400 thousand of investments
News

$ 100 million: Ukraine is waiting for the first tranche of Switzerland

President of Ukraine Petro Poroshenko said that by the end of January, the state expects financial aid of $ 100 million from the Swiss Confederation, which approved the allocation of this amount of money. Money must be received at the National Bank account. This information was published by Ukrainian portal InVenture. Swiss President Doris Leuthard […]

Next
Ukrainian startup  Replyapp raised $ 400 thousand of investments
News

The Cabinet of Ministers of Ukraine is waiting for the fourth tranche of the loan from the IMF

The Ukrainian authorities are waiting for the new credit transfer revenues from the International Monetary Fund, according to Ukrainian news agencies Ukrainian News. The government is almost assured of getting a regular cash flow, referring to all the fulfillment of the conditions: the transition of Privatbank in public ownership and approval of the state budget […]

Next
Ukrainian startup  Replyapp raised $ 400 thousand of investments
News

“Oschadbank” wants to charge back $ 100 million to the concern “Stirol”

The state bank “Oschadbank” plans  to recover in court more than $ 100 million from the largest producer of mineral fertilizers in Ukraine – “Stirol” concern. It is reported by UNIAN with reference to the Unified State Register of court decisions. The question is about $ 100 million debt of the concern, that is the […]

Next
Ukrainian startup  Replyapp raised $ 400 thousand of investments
News

From the sale of enterprises of “Ukrspirt” the state plans to raise between 200 and 400 million dollars

From the sale of enterprises of “Ukrspirt” the state plans to raise between 200 and 400 million dollars. This was announced by Minister of Agricultural Policy Taras Kutovojs in an interview. “The market itself will determine the amount. According to the forecasts, I think it should be from 200 to 400 million dollars “, – the […]

Next
Ukrainian startup  Replyapp raised $ 400 thousand of investments
News

The company, which created a device for making your mood, came to Ukraine

Boston startup Thync (California) that made the device to improve mood, came to Ukraine. R&D-office already opened in the river and there are developing a mobile part of the product. Investors do not tell us how many employees are working and how many people they plan to hire more. We only know that the number […]

Next
Ukrainian startup  Replyapp raised $ 400 thousand of investments
News

The cost of bringing claims to london court are growing up

00The cost of bringing a claim against a bank in the London courts has skyrocketed with claimants exposed to costs of up to £10m, say senior litigators. The debate over costs follows a string of high-profile civil litigation and investor claims against banks filed at the High Court in recent months. Banks including Barclays, Lloyds […]

Next
Ukrainian startup  Replyapp raised $ 400 thousand of investments
News

PwC provides the USEP Ukrposhta audit

According to Interfax-Ukraine, PricewaterhouseCoopers (PwC) has won the tender for carrying out USEP Ukrposhta financial and economic activities audit for 2015-2016 in the amount of 5, 79 million UAH. The press-service of USEP Ukrposhta admitted: “Within corporatisation process in USEP Ukrposhta, it is necessary evaluating a property and own property rights for forming of the […]

Next
Ukrainian startup  Replyapp raised $ 400 thousand of investments
Analytics

Formation of corporate governance in Ukraine

According to the State Statistics Service on January 1, 2017 it is registered in Ukraine 15 206 join – stock companies, among them there are 3 122 public companies. Despite the 25-year anniversary of the Ukrainian state, the national business has only recently started to rethink management system and effective implementation of global corporate governance […]

Next
Ukrainian startup  Replyapp raised $ 400 thousand of investments
News

Shares of cruise company Royal Caribbean rose on 10% against of the background of optimistic forecasts

Shares of cruise company Royal Caribbean, which decreased by 57% since the beginning of the year, rose for the last quarter and closed with an increase of 10% to $ 57.31 per share on Monday after the publication of the financial results of the second quarter. Investor`s optimism is based on Royal Caribbean management’s statements […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com