Beaconstac, a QR code customer engagement platform, raises $25 million in Series a Funding conducted by Telescope Partners.
The funding underscores the strong market demand from businesses for Beaconstac’s SaaS platform, with an outcome in profitable revenue growth of 200% over the span of 2022. The company has served businesses and tracked 1.8 million QR codes scanned over 150 million times by customers. By 2025, the company will experience rapid QR code scanning by unique US smartphone users and poise to reach 99.5 million.
The funding will offer the company to develop its market-leading platform and develop a world-class team to adopt QR codes to create personal relationships with the audience and take physical world customer experiences to digital.
Read More: Beaconstac Raises $25M in Series A Funding to Connect Physical World Customer Experiences to Digital
