Zappistore Raises £12M From Prime Ventures

A strategic capital raise for a highly disruptive, fully automated market research platform 

Founded in 2010 and headquartered in London, ZappiStore is a leading online market research platform that is changing the way that companies access consumer insight. By automating the manual processes behind market research, ZappiStore’s platform enables clients and research agencies to capitalise on efficiencies unlocked by technology to buy and sell the highest quality research services, at lightning fast speed and at a low cost.

In partnership with many of the world’s leading research agencies, ZappiStore offers research products targeted at solving specific business issues ranging from new product development and pack testing, to creative development or brand equity monitoring. ZappiStore and their partners work with many of the world’s leading consumer goods companies. By offering great research in a matter of hours and in a very cost efficient way, they are also tapping into the small and mid-tier company worlds, previously ignored by traditional research companies.

The fundraising was completed with Prime Ventures, a leading venture capital firm headquartered in Amsterdam and focused on investing in European companies within the technology sector.

This strategic capital raise allows Zappistore to further scale its product offering and to lead the automated market research market on a global level.

Stephen Philips, ZappiStore’s CEO commented: “This fundraising will help us achieve our vision of automating the world of market research. We have found a partner in Prime that knows our industry and is committed to helping us achieve that vision”.

Monish Suri, Partner at Prime Ventures added: “We know the industry well through previous investments and immediately saw the potential for major disruption that ZappiStore offers. We are excited about helping them scale their vision globally”.

Drake Star Partners acted as the exclusive financial advisor to ZappiStore on the fundraising. “ZappiStore excels in a sector in dire need of disruption – market research and insights. This large cross-border placement, perfectly exemplifies our deep expertise within the tech and martech space” commented Marc Deschamps, Drake Star Partners Managing Partner and Co-CEO.

About Zappistore

ZappiStore is the online research provider that is changing the way that companies access consumer insight. Business is changing, needing to be increasingly responsive to shifts in the market and demanding ever-tighter deadlines, but market research has failed to keep pace. ZappiStore, in partnership with leading market research agencies, gives clients access to the cost-and-time benefits of automation, while retaining the high quality of proven research methodologies.

For more information, please visit www.zappistore.com

About Prime Ventures

Prime Ventures is a leading venture capital firm focusing on investing in European companies in the technology and related industries and leverages its capital, experience and network to actively guide them into global category leaders. The firm has invested in companies in the Benelux countries, United Kingdom, France, Spain, Germany, Denmark, Finland and Sweden. From its offices in The Netherlands and the UK the independent partnership manages over 500 million euro in committed capital.

For more information, please visit www.primeventures.com

About Drake Star Partners

Drake Star Partners is a global investment banking firm serving the technology, media and communications sectors (TMC) with offices in New York, London, Paris, Munich, Los Angeles, Berlin, Amsterdam, Geneva and Tokyo. The firm focuses on M&A and corporate finance for its clients worldwide. Prior to forming Drake Star Partners, LD&A Jupiter and Redwood Capital completed over 274 transactions since 2004, 70% of which are cross-border.

Drake Star Partners is the marketing name for the global investment bank Drake Star Partners Limited and its subsidiaries and affiliates. In the USA, all securities are transacted through RCG, LLC. In the USA, RCG, LLC is regulated by FINRA and is a member of SIPC. © 2016 Drake Star Partners.

www.drakestar.com

Disclaimer

LD&A Jupiter and Redwood Capital have signed definitive agreements to merge to form Drake Star Partners. The merger is subject to regulatory approval and other customary closing conditions.