Pointer, a service for automating address data and reviews in geoservices, search engines and social media, managed to attract 40 million rubles from the QVentures investment fund.

The company intends to spend this financing to strengthen its own positions in the local marketing and geo-promotion market. In addition, Pointer will expand its geographical presence in the CIS market and launch a new product for small and medium businesses.

The company was founded in 2019. The created platform automates the work with address data and reviews. Today the service processes and updates information on more than 30 platforms. Pointer's users are around 200 brands with over 80,000 branches. At the moment the company has customers from 14 countries, including Israel and the United Kingdom. The service plans to enter European markets in the next 2-3 years.

Last year Pointer already attracted 10 million roubles from the ISLA fund. Then the company managed to increase its proceeds by 3.5 times and increase its investment efficiency by 2.5 times in a year and a half.

Made in Russia // Made in Russia

Author: Ksenia Gustova