Cloud-based online community platform Alumni Reach is raising €250,000

Alumni Reach is a cloud-based platform that enables companies to easily assemble alumni information, assess engagement potential, and run AI-driven communication campaigns that maximize response rates. The company is actively raising €250,000 to continue their impressive growth, while they will also be using the funding to expand and grow their team.

Alumni Reach is an online platform enhanced with tools to assess the alumni profiles, make communication targeting more effective, incentivize alumni engagement, and promote exchanging knowledge, expertise, and professional opportunities within the network. By using Alumni Reach, companies leverage the full power of their alumni network.

Alumni Reach’s unique platform offers the recommendation and gamification engines. The recommendation engine scans the alumni network, assesses the alumni data, and identifies the best possible contacts per case. The gamification engine is used to incentivize alumni to accomplish missions online, increasing the engagement of the whole network.

Considering and engaging their alumni in their efforts to achieve their business objectives can be a success factor for any organization. Alumni Reach offers cloud-based platforms, enhanced with tools to assess alumni profiles, make communication targeting more effective, incentivize alumni engagement, and promote exchanging knowledge, expertise, and professional opportunities within the network.

Alumni reach is committing to both Europpean and American markets with their target market consisting of all medium and large companies in the EU and USA. According to OECD, there are more than 400.000 companies, which makes the total addressable market €2 billion.

The company is focusing on the Services Sector and the medium-sized companies starting from Greece and then expanding to the UK and then the EU and then the USA. This means that for the first year more than 1.500 companies with 50-249 employees are being targeted in Greece.