Codilink UK Ltd

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Codilink UK Ltd - overview

Established

2004

Location

London, -, UK

Primary Industry

Marketing/Advertising

About

Codilink UK Ltd operates a comprehensive customer engagement and loyalty platform that enhances the shopping experience through data analytics and personalized marketing solutions for retailers and retail destinations. Founded in 2004, Codilink UK Ltd is headquartered in London, UK. The company specializes in developing solutions for customer engagement and loyalty in the retail sector. In December 2019, Codilink raised GBP 6.


34 million in a Growth funding round, co-led by Guinness Global Investors and Maven VCT, with participation from Venrex Investment Management. The firm has completed a total of 5 deals since its inception, with its most recent deal occurring on 20 December 2019. The current CEO is Ben Chesser, who has a background in launching and managing successful technology-driven companies. Codilink UK Ltd operates as an all-in-one customer engagement and loyalty platform primarily focused on retailers, retail destinations, and mixed-use retail spaces.


Its offerings include solutions for collecting, analyzing, and leveraging customer data to enhance personalized shopping experiences. The platform supports seamless tracking of customer interactions across multiple retail environments while implementing strategic loyalty programs that foster customer retention. Codilink's clientele spans various geographical markets, including the United States, Europe, and Asia, highlighting its global operational reach. In 2023, Codilink UK Ltd reported a revenue of GBP 6,667,132.


80. The company operates on a subscription-based revenue model, generating income through its modular platform designed for retailers. This includes contracts that stipulate financial arrangements based on the utilized services and features, such as access to the Data Hub, Marketing Hub, and Loyalty Hub. The EBITDA for the same year was GBP -518,025.


60. Looking ahead, Codilink UK Ltd aims to expand its product offerings with new features for its customer engagement platform, although specific release dates are not disclosed. The company is also targeting expansion into the North American and Asian markets by the end of 2024. The recent Growth capital funding of GBP 6.


34 million will be utilized to support these initiatives, primarily to enhance product development and market penetration strategies.


Current Investors

Venrex, Samos Investments, Lepe Partners

Primary Industry

Marketing/Advertising

Sub Industries

Sales & Marketing Software, Customer Relationship Management, Content Management Software, Application Integration Software

Website

www.coniq.com

Verticals

AdTech, Cloud Computing, Mobile Apps

Company Stage

Growth Stage/Expansion

Total Amount Raised

Subscriber access only

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