OneStock Received $72M From Summit Partners

France-based, OneStock, an advanced OMS system for small, mid, and large businesses, raised $72 million led by Summit Partners in financing.

VC Summit Partners, Nik Ohri brings his experience to the board.

OneStock Received $72M

OneStock CEO and CTO, Romulus Grigoras and Benoit Baccot founded OneStock in 2015. They aim to provide one platform order management system for all businesses. In a press meeting, CEO OneStock said that the raised funds would be used for the expansion in the US market and also, we will work on AI-integrated auto-replies and product development to accelerate growth.

OneStock is an order management system for every business needs. OneStock solves all the complexity of order management for brands and eCom businesses as well. One can view the entire inventory and manage tons of in-and-out records on a single dashboard easily, also companies can record returns so that they can analyze performance comparisons in the dashboard itself.

Moreover, OneStock has seen a 50% growth year over year. They have various active clients managing luxury products, pet food, furniture, and mechanical parts. OneStock is used by over 100 brands and retailers in 25 countries with more than 2.5 billion Euro orders annually.

Also Read: Toronto-based Spellbook Raised $20M Series By Inovia

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