Summit Partners leads investment to accelerate company’s international expansion and supports continued product leadership in OMS category
Toulouse, France, London, May 21, 2024–(BUSINESS WIRE)–OneStock SAS, a leading provider of order management systems (OMS), today announced a $72 million investment from Summit Partners, a global growth equity investor. I announced that I received it.
OneStock was founded in 2015 by CEO Romulus Grigoras and CTO Benoit Baccot to help retailers and brands address the increasing complexity of omnichannel environments and improve the overall customer experience. . The company’s cloud-native solutions provide a centralized platform designed to manage end-to-end order fulfillment and visibility, allowing retailers to offer customers a seamless “buy anywhere, deliver anywhere, return anywhere” experience for their customers. I will make it possible.
“Since our founding, OneStock has been focused on creating smarter, more sustainable shopping experiences. Our partnership with Summit is a thrilling new chapter in our journey and a long-term commitment to innovation and growth in the retail technology space. We will reconfirm our efforts.” Mr. Grigoras. “With the benefit of Summit’s support and deep experience in the retail technology space, we are poised to further accelerate our growth. Our clear ambition is to become the number one global leader in the OMS category. is.”
Offering its customers highly attractive ROI and feature-rich, user-centric solutions, OneStock has experienced strong and profitable growth in recent years, achieving a 2.5x increase in recurring revenue since 2021. The company is widely adopted among large enterprise customers. From luxury goods to auto parts, pet food to furniture, and from his traditional B2C retailers to his franchisor network and his B2B commerce. Currently, more than 100 international retailers and brands from 25 countries rely on his OneStock, and the platform enables orders worth over 2.5 billion euros annually. OneStock’s customers include Yves Rocher, WHSmith, Intersport, ManoMano and S.Oliver.
“With the proliferation of online and offline sales channels and consumers increasingly expecting immediate product availability and fulfillment, we believe that modern OMSs have become a critical part of the retail supply chain. In our opinion, OneStock is the most intuitive and scalable solution built to help brands and retailers plan better, grow faster, sell more, and waste less. , we have developed a differentiated cloud-native OMS solution,” commented Steffan Peyer, Managing Director of Summit Partners, who will join OneStock’s Board of Directors.
The new funding will be used to fuel OneStock’s continued international expansion, particularly into the U.S. market, and accelerate its vision for a retail industry where order management is seamless and easy. OneStock is a proud Adobe Gold Partner, one of a select few MACH Certified OMS providers in the MACH Alliance, and the first OMS to officially integrate with Shopify. The company is expanding its partnership, expanding the comprehensive range of integrations offered on the OneStock Extensions Portal, and soon opening the platform to external agencies and customers looking to develop additional extensions. We aim to be the easiest OMS to integrate. For specific use cases and industries. Additionally, the company plans to accelerate product development in a number of areas, including B2B, AI, and circular economy initiatives.
“OneStock continues to deliver impressive innovations, including what we believe to be pioneering features such as gamification as part of our Ship from Store product, an advanced business intelligence suite, and one of the most sophisticated Delivery Promises. “We are known in the retail market for our proven track record in providing industry solutions,” said Nick Oli, Vice President, Summit Partners, who also joins the OneStock Board of Directors.
“We are excited to partner with this experienced team and look forward to working with Romulus and Benoit to accelerate their vision and expand OneStock’s reach globally.”
Grigoras added, “I would like to express my sincere gratitude to the entire OneStock team and all our partners and customers whose hard work and collaboration have helped OneStock reach this amazing milestone. We will continue to support our customers as we continue to shape the future of retail.”
About One Stock
OneStock is Europe’s market-leading decentralized order management system provider. We help retailers realize the full potential of omnichannel and power the world’s most convenient shopping experience. Our cloud-native SaaS solutions improve operational efficiency, increase online revenue, and improve customer experience.
With a central view of inventory across all inventory locations, customers can maximize sales opportunities, enhance fulfillment options, optimize order orchestration, build new omnichannel capabilities, seamlessly manage returns, and improve business performance. analysis becomes possible. OneStock is a proud member of the MACH Alliance, providing the best solutions for brands such as Pets at Home, Jigsaw, Hackett, The Perfume Shop, Dune, Moss, and many more. For more information, please visit onestock-retail.com.
About summit partners
Founded in 1984, Summit Partners is a global alternative investment firm that invests in growth equity, fixed income, and public equity opportunities. Summit invests across growing sectors of the economy and has invested in more than 550 companies in technology, healthcare, and other growth industries. Notable investments in the retail and marketing technology space include RELEX, Akeneo, Klaviyo, Optimove, Later, and Mi9 Retail. Summit has offices in North America and Europe and invests in companies around the world. For more information, visit www.summitpartners.com or follow us on LinkedIn.
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contact address
Susan Barr
sbarr@summitpartners.com
