HomeFranceOneStock Receives $72M Investment From Summit Partners

OneStock Receives $72M Investment From Summit Partners

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OneStock

OneStock, a Toulouse, France-based provider of order management systems (OMS), received a $72M investment from Summit Partners.

Nik Ohri, a Vice President at Summit Partners, will join the OneStock Board of Directors.

The company intends to use the funds to accelerate its continued international expansion, particularly into the U.S. market, and product development in a number of areas, including B2B, AI and circular economy initiatives.

Founded in 2015 by CEO Romulus Grigoras, and CTO Benoit Baccot, OneStock provides retailers and brands with order management platform to navigate the complexity of the omnichannel landscape and enhance overall customer experience. The company’s cloud-native solution provides a centralised platform designed to manage end-to-end order fulfillment and visibility. A single view of inventory across all stock locations enables clients to maximise sales opportunities, enhance fulfilment options, optimise order orchestration, create new omnichannel capabilities, manage returns and analyse business performance.

The company has seen widespread adoption amongst major enterprise customers across diverse verticals, ranging from luxury goods to car parts, pet food to furniture, and from traditional B2C retailers to franchiser networks and B2B commerce. Today, more than 100 international retailers and brands across 25 countries leverage OneStock, with the platform facilitating over €2.5 billion in orders annually. Customers include Yves Rocher, WHSmith, Intersport, ManoMano, and S.Oliver.

FinSMEs

21/05/2024

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