DoveConviene operates a platform that gives users access to product promotions, catalogs and store information geolocated for shopping near home. The platform consolidates details on promotions, new products, stores, opening times and retailer contacts in one place. It is led by Stefano Portu and Alessandro Palmieri and is based in Milan, Italy. DoveConviene reports 7 million users in Italy and over 13 million globally, operating in markets including Mexico, Brazil, Spain and Indonesia via brands under the ShopFully Group. The company intends to use the new funding to expand in Italy and abroad, grow its team to 200 employees and reach presence in 10 countries by the end of 2016. To date the company has raised more than €20m in total funding. DoveConviene operates a geo-localized platform and mobile apps that send catalogs and leaflets from major retailers and brands across categories (food, electronics, furniture, DIY, travel, clothing) via email or mobile to users near stores. The platform is accessible via its website and mobile apps on iOS, WindowsPhone, Windows8, Android, Amazon and BlackBerry, and is used by 7 million users (5m in Italy, 2m abroad). The company has offices in Cagliari, Milan and Bologna and was co-founded by Alessandro Palmieri and Stefano Portu. It plans to use the new funding to grow in Italy, hire technology, marketing and sales staff and reach 200 employees within four years. DoveConviene also intends to expand abroad into Spain, Mexico, Brazil and the USA. Financially, the company has now raised more than $10m in total. DoveConviene is a digital platform that aggregates leaflets and catalogs and presents them in a georeferenced way. Users can select product categories, monitor nearest offers, and create personalized shopping alerts through the platform and free mobile apps for Android and Apple. Over 2 million consumers use the service to discover leaflets and catalogs from major brands. The company is based in Bologna and Sestu, Cagliari, Italy and is already present in Spain. In April 2013 the company closed a €3.5M funding round led by Principia SGR (via Principia II), and is using the funds to grow in Italy and scale abroad. Following the round Stefano Portu joined Alessandro Palmieri as co-CEO for business and products, and Professor Michele Costabile, Vice President of Principia SGR, joined as chairman.

Total raised

$22M

Funding rounds

3

Latest round

Series C

Latest activity

Sep 2015