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Powa Technologies
E-commerce specialist service to transform and redefine the retail market
About Powa Technologies
Powa Technologies was a UK-based technology company that offered a suite of products aimed at the e-commerce market. The company's offerings were divided into three main areas: PowaWeb, PowaPOS, and PowaTag.
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PowaWeb provided a cloud-based e-commerce platform for businesses to create and manage online stores. PowaPOS developed and manufactured hardware for point-of-sale payments, including card readers and other devices. PowaTag was a mobile application that allowed consumers to make purchases by scanning QR codes or other tags on products, advertisements, or displays.
The company's business model was based on providing an integrated solution for both online and offline commerce, targeting a wide range of clients from small businesses to large enterprises. However, despite raising significant funding and being valued at over $1 billion at one point, Powa Technologies ultimately failed to generate substantial revenue and entered administration in 2016.
At a glance
- Founded
- 2007
- Headquarters
- London, United Kingdom
- Sector
- Other B2B Software
Latest news
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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