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Data Center News > Blog > Investments > OV Loop Acquires Skipti
Investments

OV Loop Acquires Skipti

Last updated: July 22, 2024 10:48 pm
Published July 22, 2024
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OV Loop, a Boston, UK-based firm constructing an app commerce community, acquired Skipti, a transportation facilitator that helps drivers, retailers and shoppers schedule, ship and return rentable merchandise to and from houses.

The quantity of the deal was not disclosed.

The acquisition of Skipti accelerates OV Loop’s development and enterprise plans.

Led by CEO L.P. Platow, and CTO Michael Arner, Skipti is a rental supply market to facilitate advanced pickup and drop offs of apparatus like Rug Physician machines and residential enchancment instruments, reworking how companies and shoppers facilitate the transport of products to and from depots and houses. With it, companies supply prospects flexibility and entry to a variety of products with out long-term dedication.

Led by CEO Will Graylin, OV Loop is constructing America’s SuperApp commerce community (loop) with a non-public common pockets and mall the place consumers, sellers and influencers can work together and transact throughout units and channels. It closes the commerce loop between the consumers’ wallets with sellers’ POS, throughout units and channels, with privateness, safety and customized rewards that assist customers save money and time. For sellers, OV Loop presents an omnichannel engagement platform that fosters buyer loyalty and boosts gross sales.

FinSMEs

22/07/2024

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See also  OpenAI acquires Rockset to strengthen its retrieval capabilities
TAGGED: acquires, loop, Skipti
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