Copyright © 2015, The Oklahoma Publishing Company
i2E Inc. recently closed on a $249,000 follow-on investment in WeGoLook LLC.
The investment is part of a $1.5 million total financing round in the rapidly growing Oklahoma City-based company. WeGoLook developed crowdsourced, onsite verifications and inspection services for buyers of online and distant items such as cars, real estate and high value goods.
The financing round includes $149,500 each from the i2E-managed Oklahoma Seed Capital Fund and the Accelerate Oklahoma! Fund, as well as $191,636 from the i2E-managed SeedStep Angels. Other financing sources in the round are $410,364 from existing stakeholders and a $600,000 bank line of credit to support the company’s rapid expansion.
“We will use this financing round to support existing nationwide enterprise customer rollouts, enhance our platform logistics, and continue scaling up operations,” WeGoLook CEO Robin Smith said. “We have several exciting partnerships that will launch in the fourth quarter of this year that span business-to-business and consumer segments.”