Lausanne-based Wecheer, a provider of trade management solutions for the consumer-packaged goods (CPG) industry, has raised USD 1.7 Million in a Pre-Series A investment from IM Ventures. The funding will support the company's expansion in real-time sales digitization as it continues negotiations for its Series A round.
Wecheer offers an end-to-end trade management platform designed to enhance the effectiveness of third-party distribution networks for CPG brands. The company's technology enables brands to track real-time sales, gain data-driven insights, and leverage AI-driven solutions to optimize operations. Using QR codes and smart bottle openers, Wecheer facilitates seamless campaign onboarding and staff rewards, improving return on investment for its clients. Major global brands, including Coca-Cola, Mars Wrigley, PepsiCo, Pernod Ricard, and Kellenova, have integrated Wecheer's technology across 13 countries. With over 40% year-on-year growth, the company aims to expand its reach further.WECHEER SA: Digitizing every drink moment
At WECHEER, we created a digital loyalty platform designed for CPG brands that depend on 3rd party distribution. A challenge facing every CPG industry today more than ever with the scale of the global... Read more