French startup ReachFive wants to become Stripe for account management. The company just raised a $10 million Series A funding round led by CapHorn Invest, with Dawn Capital and Ventech also participating — investment bank Avolta Partners handled the fundraising process.
When you buy something on an e-commerce website or app, chances are those companies asked you to create an account before entering your address and payment information. ReachFive creates the login module for dozens of e-commerce and transactional companies.
This isn’t just about storing an email and password. ReachFive lets you do interesting things with your customer database. For instance, ReachFive works across different channels.
If you shop on L’Occitane’s website and then purchase cosmetics in a store, they can find your account. This