KnexxLocal Raises $1.1 Million of Seed Funding

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Seed: $1,100,000

Industry: Mobile

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Toronto, Canada – KnexxLocal, a mobile app which helps businesses connect more customers through word of mouth referrals has raised $1.1 million of seed funding from Dragon’s Den member Bruce Croxon.

“The shift in consumer expectations and growth in online reviews over the past few years has presented a big challenge for local business owners who don’t have a lot of time or resources to dedicate to online marketing,” Investor Coxon explained in a press release. “Simplifying the process for business owners to receive referrals from satisfied customers and distribute them easily online is the ultimate goal of localized, online word-of-mouth marketing.”

The new funding will be used to expand the customer base of the company.


Funding Total: $1,100,000

Round Date Amount Pre Amount Post Amount
Seed 02/2013 $1,100,000
Investors: Bruce Croxon

See all fundings here


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