ShopKeep, a cloud-based iPad POS system, announced that it had closed a Series A round with New York’s Tribeca Venture Partners and Contour Venture Partners, as well as with TTV Capital from Atlanta. The fresh influx of cash will help ShopKeep’s expansion efforts of converting POS into the tablet era.
For just $50 a month, small and large businesses alike will be able to use ShopKeep’s enterprise-level POS with a rich, iPad front-end. It supports inventory management, real-time reports and customer management on top of its regular point-of-sale functions.
Jason Richelson, CEO and Founder of ShopKeep, says that this funding will “bring superior customer service and affordable innovative technology to small business owners, who need it the most… We are excited to help small shops like mine run a better, more profitable business using just an iPad.” Richelson is a co-founder of The Greene Grape, a gourmet food and wine business in Brooklyn, so he knows the trials and travails of shop owners and has worked to make the platform as useful as possible.
Shopkeep’s iPad app lets shop owners print receipts, process credit cards and collect sales tax. It works even without internet and is also accessible through any web browser.
“ShopKeep solves the ‘last mile’ in local because they bring scalable technology to stores who desperately need it. The company delivers an amazing product, user experience, and innovative technology to a space ripe for disruption and void of economic efficiency,” says Brian Hirsch, the Managing Partner at Tribeca Venture Partners.