ERPLY
ERPLY is a technology company.
Financial History
ERPLY has raised $4.0M across 2 funding rounds.
Frequently Asked Questions
How much funding has ERPLY raised?
ERPLY has raised $4.0M in total across 2 funding rounds.
ERPLY is a technology company.
ERPLY has raised $4.0M across 2 funding rounds.
ERPLY has raised $4.0M in total across 2 funding rounds.
ERPLY has raised $4.0M in total across 2 funding rounds.
ERPLY's investors include Benchmark, FJ Labs, Govtech Fund, Matrix, Glenn Solomon, Outlander Labs, Plug & Play Ventures, Practical Venture Capital, Propeller VC, Redpoint Ventures, Seven Seven Six, Sierra Point Ventures.
Erply is a cloud-based enterprise software company specializing in point-of-sale (POS) and inventory management solutions for retail businesses. It offers an all-in-one platform that integrates POS, inventory tracking, CRM, e-commerce, warehouse management, and AI-driven analytics, serving small to multi-location chains across industries like apparel, grocery, and coffee shops[1][2][5]. Erply solves key retail challenges such as manual processes, disconnected systems, and real-time data gaps by providing seamless online-offline functionality, customizable APIs, and low-code tools like Automat App Maker for rapid app development and automation[1][2][6]. Trusted by global brands including The Athlete's Foot and Victorinox, it supports operations in regions like the US, EU, and Australia with competitive pricing around $74/month on average[2][5].
Erply was founded in 2009 in Estonia by Kristjan Hiiemaa, initially as a retail payment solution for small to medium-sized businesses[5]. The company evolved from this core offering into a comprehensive ERP platform, expanding to support larger retailers with POS, inventory control, billing, and mobile integrations—such as a 2011 mobile credit card reader for iPads[5]. Owned by Kristjan Hiiemaa via Erply Limited, it has grown its global footprint to about eight countries, driven by scalable cloud services and integrations with systems like Shopify, QuickBooks, and Xero[3][4].
Erply rides the wave of retail digitization and low-code/no-code trends, enabling businesses to automate amid e-commerce growth and omnichannel demands[6]. Its timing aligns with post-pandemic shifts toward unified online-in-store systems and AI for efficiency, countering market forces like supply chain disruptions and fierce competition in sectors like vape or fashion retail[4][6]. By fostering real-time inventory sync, custom apps, and integrations, Erply influences the ecosystem by empowering SMBs to scale without enterprise costs, reducing stockouts by up to 30% and boosting repeat purchases, as seen in case studies[2][6].
Erply is poised to capitalize on low-code retail transformation, with expansions in AI analytics, app marketplaces, and global integrations driving double-digit growth for users[6]. Trends like real-time omnichannel and automated workflows will shape its path, potentially evolving it into a full ERP powerhouse for emerging markets. As retailers demand speed over complexity, Erply's scalable, hassle-free platform positions it to elevate more operations from fragmented setups to unified powerhouses.
ERPLY has raised $4.0M across 2 funding rounds. Most recently, it raised $2.0M Series B in May 2013.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2013 | $2.0M Series B | Benchmark, FJ Labs, Govtech Fund, Matrix, Glenn Solomon, Outlander Labs, Plug & Play Ventures, Practical Venture Capital, Propeller VC, Redpoint Ventures, Seven Seven Six, Sierra Point Ventures, Streamlined Ventures, Techstars, Uncork Capital, Y Combinator, Zinc, Dan Martell, Erik Moore, Farzad Nazem, Joshua Schachter, Oliver Thylmann, Sam Altman, Shervin Pishevar, Troy Carter | |
| Mar 1, 2010 | $2.0M Seed | Benchmark, Govtech Fund, Matrix, Glenn Solomon, Outlander Labs, Propeller VC, Redpoint Ventures, Techstars, Uncork Capital, Zinc, Dan Martell, Joshua Schachter, Shervin Pishevar |