The specialist in Order Management Systems (OMS) OneStock has received a 72 million US- Dollar investment from Summit Partners. The funding will enable the technology provider to expand internationally, particularly in the US market. OneStock also plans to use the funding to accelerate its development in specific areas such as B2B, AI and sustainability management.
The company’s order management solution creates a central platform for managing end-to-end order fulfilment and transparency, enabling retailers to offer their customers a seamless shopping experience. OneStock has reported stable and profitable growth in recent years and has increased its revenue by 2.5 times since 2021. The technology provider has been able to implement its order management system at a number of large companies in a variety of industries. The Retail Optimiser has reported on the use of OneStock at Dune London and AWWG.
“With the proliferation of online and offline sales channels and consumers’ ever-increasing expectations for product availability and fulfillment, we believe a modern OMS has become a critical part of the retail supply chain. In our view, OneStock has developed the most intuitive, scalable and differentiated cloud-native OMS solutions, purpose-built to help brands and retailers to plan better, grow faster, sell more and waste less,” says Steffan Peyer, Managing Director at Summit Partners.
Investments in retail technology
The investment company Summit Partners has also invested in the Finnish retail optimisation provider Relex and the French product information management specialist Akeneo.
