Inveterate, Inc is a US-based E-commerce startup that aims to revolutionize customer loyalty for Shopify merchants through the implementation of paid membership programs. Founded in 2021, the company's slogan, "Shopify merchants, it’s time to level up your retention game by enabling paid memberships," embodies its mission. Inveterate offers a turnkey solution, allowing brands to deploy paid memberships on their storefronts seamlessly.
The startup's innovative approach shifts the traditional customer loyalty paradigm by introducing an exclusive membership-driven, experience-based loyalty program. Customers join by paying a membership fee and gain access to exclusive benefits. Inveterate handles the operational complexities, enabling brands to capture recurring revenue while rewarding their loyal customers instantly.
The recent $8.36M Seed Round investment received on 15 July 2021 from prominent investors including Alpaca VC, SuperAngel.Fund, Vertical Venture Partners, Centre Street Partners, and Pari Passu Venture Partners accentuates the market's confidence in Inveterate's innovative approach to customer loyalty in the e-commerce landscape.
By creating a new category of loyalty for Shopify merchants, Inveterate empowers brands to enhance customer experience, boost buyer retention, and bring their brand promise to life. This strategic positioning underscores the startup's potential in reshaping the E-commerce industry.
With its commitment to redefining customer loyalty and substantial investor backing, Inveterate is poised to make a significant impact on E-commerce retention strategies and customer experience.