Strata Partners is delighted to announce that it acted as exclusive financial adviser to Branchspace Limited (“Branchspace”) on its £5 million capital raise by Gresham House Ventures (“Gresham”).
Set against a post-pandemic backdrop of strongly rebounding air travel, Branchspace addresses a growing demand from airlines to create a modern retail offering and meet evolving customer needs for relevant, personalised shopping and self-service experiences.
Founded in 2013 and headquartered in London, Branchspace allows clients to create and manage personalised, data-driven digital commerce experiences to increase direct distribution and take greater ownership of the end-to-end customer journey. Branchspace provides solutions across the entire tech stack including solutions architecture, digital performance reviews and UX/UI experience design, alongside a proprietary booking and conversion engine and dynamic retailing software platform, Triplake, which has gained significant traction since launching in 2021.
The investment will be used primarily to accelerate the growth of Branchspace’s comprehensive and best-in-class suite of software components to ensure travellers experience effortless website and mobile app navigation, booking, ancillary offerings, check-in, servicing and payments.