Loading organizations...
Slip has raised $4.0M across 2 funding rounds.
Key people at Slip.
Slip has raised $4.0M in total across 2 funding rounds.
Slip manufactures premium mulberry silk products, predominantly silk pillowcases, engineered to minimize friction on skin and hair during sleep. These offerings utilize high-grade silk for a smooth, gentle surface, leveraging its natural properties to combat sleep creases, bed head, and irritation, offering distinct beauty benefits.
Founded in 2004 by Fiona Stewart, with Justin Dubois as co-founder, Slip’s genesis stemmed from Stewart's personal struggle with sensitive skin and cystic acne. A dermatologist recommended sleeping on silk; finding no suitable products, she developed the first Slip silk pillowcase.
Slip caters to consumers seeking luxurious, non-invasive solutions for sleep-related beauty and wellness, particularly for skin and hair health. The brand’s vision integrates the benefits of sleeping on silk into daily routines, focusing on expanding its innovative line to enhance user comfort and overall well-being.
Slip has raised $4.0M across 2 funding rounds. Most recently, it raised $3.0M Seed in June 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 1, 2024 | $3M Seed | Adjuvo | Haatch, Notion Capital, Andreas Mihalovits | Announced |
| Feb 1, 2022 | $1M Seed | — | Haatch, Notion Capital, Andreas Mihalovits | Announced |
Slip has raised $4.0M in total across 2 funding rounds.
Slip's investors include Adjuvo, Haatch, Notion Capital, Andreas Mihalovits.
Key people at Slip.
Slip is a London-based technology startup founded in 2021 that transforms traditional paper receipts into digital, interactive tools for retailers and consumers.[1][2][3] Its platform integrates via API with point-of-sale systems like Shopify, Klaviyo, Epos Now, and Sitoo to analyze receipt data, unlocking customer insights for personalized marketing, loyalty programs, and trend identification while enabling consumers to manage returns, warranties, and spending through a dedicated app.[1][2][3] Slip serves retailers seeking cost-effective data enhancements without system overhauls and addresses consumer frustrations with paper receipts, recently raising $3.2 million in seed funding to fuel expansion.[1][2][3]
The company has demonstrated early growth, including selection for the 2025 New York Fashion Tech Lab cohort and a case study with ALDO showing a 25x boost in customer data capture.[3] This positions Slip as a nimble player in retail tech, converting an overlooked transaction artifact into a dynamic engagement channel.[1][2]
Slip originated from a personal frustration in 2020 when co-founder and CEO Tash Grossman couldn't return trousers without the paper receipt, prompting her to question why receipts hadn't digitized in an otherwise digital world.[3] Grossman, with a background in management consulting for FTSE 100 clients on digital transformation, founded Slip in 2021 (launched commercially in 2022) to reinvent receipts as smart, useful tools for spending tracking, rewards, and brand connections.[2][3][5]
CTO Eddy, a software engineer from The Hut Group and cybersecurity expert at Darktrace, joined early to build the scalable, secure platform.[3] Incorporated as Slip Technology Limited in London, the startup quickly gained traction, securing £2.5 million ($3.1-3.2 million) in seed funding in 2024 led by Adjuvo, with participation from Haatch Ventures, Unbundled VC, and angels like ASOS executive Dan Elton.[1][2][4]
Slip rides the omnichannel retail digitization wave, capitalizing on post-pandemic shifts where consumers demand seamless digital experiences amid rising e-commerce and data privacy regulations.[1][3] Timing is ideal as retailers grapple with fragmented customer data—Slip unlocks untapped receipt insights without heavy infrastructure costs, aligning with trends in AI-driven personalization and loyalty tech.[2]
Market forces like shrinking physical retail margins and the push for first-party data (amid cookie deprecation) favor Slip, positioning it to influence ecosystems by standardizing digital receipts as engagement gateways.[1][2] By partnering with platforms like Shopify and brands like ALDO, Slip amplifies retail innovation, potentially setting standards for receipt tech in fashion and beyond.[3]
Slip is poised to scale internationally with its fresh seed capital, targeting more retailer integrations, app enhancements, and hires in sales/tech to capture the nascent digital receipt market.[1][2] Trends like AI analytics, Web3 loyalty, and regulatory pushes for digital transactions will propel its growth, evolving Slip from a UK startup to a global retail enabler.
As receipts evolve from "forgotten paper" to "digital gold," Slip's consumer-retailer bridge could redefine post-purchase engagement, delivering the tailored shopping experiences that sparked its origin.[3]
