ShopKeep POS raises $25mn from Thayer Street Partners

ShopKeep was founded in 2008 by former wine and grocery store owner, Jason Richelson, in the back room of his wine shop in Fort Greene, Brooklyn. The new funding, expansion and product updates will further ShopKeep’s mission: to help small businesses run more efficiently and be more profitable.

 

ShopKeep POS, the company replacing cash registers with iPads and the cloud, announced an additional $25 Million in Series C funding to help more #

“I started ShopKeep because I was fed-up with the software available to me in my wine store, and I knew there had to be a better way,” said Richelson. “Partnering with Thayer Street is a significant step in our evolution as a company given their deep experience in tech-enabled financials and long-term investment approach. We’re aiming to be the first billion dollar software-as-a-service company to come out of New York.”

 

ShopKeep POS, the company replacing cash registers with iPads and the cloud, announced an additional $25 Million in Series C funding to help more #

ShopKeep raised $12.2 million in two funding rounds in 2011 and 2012 from Tribeca Venture Partners, TTV Capital, Contour Venture Partners and Canaan Partners. In total, the company has raised $37.2 million.

 

ShopKeep POS, the company replacing cash registers with iPads and the cloud, announced an additional $25 Million in Series C funding to help more #

“All credit goes to the amazing team we have built,” added Richelson. “Our culture is incredibly important to us as we grow, and I’m proud to say we have a brilliant team that work hard every day to wow our customers and help them succeed.”

 

ShopKeep POS, the company replacing cash registers with iPads and the cloud, announced an additional $25 Million in Series C funding to help more #

 

ShopKeep POS, the company replacing cash registers with iPads and the cloud, announced an additional $25 Million in Series C funding to help more #