ERP Platform Brightpearl Raises $15M in Growth Funding

Funding Rounds

Summary

Brightpearl , an Austin, TX and Bristol, England-based purpose-built retail ERP platform, raised $15m in growth funding.The round was led by Cipio Partners, which will join existing investors MMC Ventures and Notion Capital.Led by CEO Derek O’Carroll, and newly appointed Chairman Maurice Helfgott, the former Marks & Spencer main board director, and the founder of Amery Capital, an investment and advisory firm with a principal focus on retail and digital consumer businesses, Brightpearl is a cloud-based ERP for retailers and wholesalers.In addition, the solution has connectors to the major ecommerce platforms, including Magento, BigCommerce and Shopify.The company has 1,400 customers worldwide who process more than $2.5 billion dollars of orders with Brightpearl each year.

$ Funding

$
Amount $15.0M Total raised
Date July 23, 2018 Announcement date
Investors - Lead investors
Company clouderp.jp Funded company

Classifications

industries
Retail
applications
ERP & Process Management

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