
Instant
Converting anonymous website visitors into engaged customers.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor investor investor | €0.0 | round | |
* | $18.0m Valuation: $100m | Series A | |
Total Funding | 000k |
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Instant operates in the ecommerce sector, providing a streamlined checkout solution designed to enhance customer engagement and increase sales conversions. The company targets online retailers looking to optimize their payment processes and reduce cart abandonment rates. By offering a modern, customizable, and secure payment system, Instant enables businesses to achieve significant revenue growth. The business model revolves around providing a single-step checkout process that is both efficient and reliable, leading to a reported 40% uplift in conversion rates and a 6.5% increase in average order value. Instant's services are particularly beneficial for ecommerce platforms aiming to improve their checkout experience and drive higher customer satisfaction. The company generates revenue by offering its checkout solutions to businesses, which in turn see increased sales and customer retention. Key performance metrics include a 51.16% open rate and a 23.3x return on investment, highlighting the effectiveness of Instant's approach. The company's focus on high intent targeting and timely SMS engagement further enhances its value proposition, making it a preferred choice for ecommerce businesses seeking to maximize their revenue potential.
Keywords: ecommerce, checkout, conversion, revenue, payment, customizable, secure, engagement, cart, uplift