kwik raises $3M

What does Kwik do?

Kwik, is a service which enables customers in re-ordering their favorite products at the push of a button. It is an end to end IoT platform which connects brands, retailers and service providers to their customers. It is an open platform for repetitive buying, enabling retailers, brands and service providers in selling directly to consumers. The company interfaces to existing ordering systems in addition to any payment and delivery services. The company enables people in ordering their favorite product with just a push of a button. Unlike other solutions, orders can be directly delivered from any brand, home delivery service or retailer. The company’s end to end solution includes smart IoT button, interface for delivery and payment systems, and analytics dashboards which helps brands in developing direct relationships with their customers. The company’s current customers include Huggies, Domino’s, and Anheuser Busch.

How much Kwik was funded?

The company raised $3M on June 22, 2016 from Norwest Venture Partners – NVP.

Previous funding

$120k on December 1, 2015 from NFX Guild, Palo Alto, California and iAngels

What is next for Kwik?

Kwik plans to use the latest funding raised for accelerating market availability through rigorous development of business with retailers, brands and home delivery services in USA. The company has the ability to change the relationship people have with big brands. The company has won the first chance to engage in a pilot program with Anheuser-Busch during the AB InBev & ZX Ventures Startup Pitch Competition at SxSW.

More about Kwik

Kwik is a service which helps consumers in re-ordering their favorite products with single push of a button. This is the very first open, click and deliver service which works with any retailers, brands and payment processors or delivery service which makes it possible for any brand at better understanding the needs and developing more deep and direct relationships with its customers.