Lipscore Secures Over 6 Million NOK for Expansion in the UK and Sweden.

Lipscore, a leader in online product recommendations and reviews, raises over 6 million NOK to expand its operations both domestically and internationally.

Read the full Norwegian article published on netthandel.no on August 29, 2022.

Summary of the Article:

Lipscore, a leading Norwegian technology company in the field of online and in-store product recommendations and customer reviews, has successfully raised over 6 million Norwegian kroner in a funding round. Exceeding their initial target of 5 million kroner by 1.1 million, the company plans to use the funds to intensify marketing efforts and continue their expansion in both Sweden and the UK. CEO Henning Frettem highlighted the company’s rapid growth and the need for additional resources to maintain their momentum. Lipscore recently opened a division in the UK and already secured their first customer within ten days. Frettem will also participate in the upcoming NXT Nordic conference to discuss the future role of product recommendations and customer reviews in commerce.