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Shopbox AI

Seed Round Equity Fundraising
Led by Alan Gormley and Tariq Zaki, Shopbox is a sophisticated artificial intelligence solution that converts website traffic into sales.

Project Overview

  • Alan and Tariq were well connected in the Artificial Intelligence and Tech Start-up ecosystems, having worked in senior roles in this sector for many years. A fellow entrepreneur, whose tech company had engaged Fitzgerald Power to raise their seed round, introduced Alan and Tariq to Fitzgerald Power.
  • We worked with the promoters to develop a targeted list of value-additive investors who were well known, well versed and well networked in the retail e-commerce space. We helped to develop the company’s pitch book and structure the proposed investment.
  • We circularised the agreed target list, held initial discussions with prospective investors and hosted a virtual pitch meeting where the promoters demonstrated the Shopbox solution and invited Q&A from attendees.
  • Working with the promoters and their legal advisors we completed the round in an efficient and timely manner. Ultimately, the round was significantly oversubscribed.

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