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§ Private Profile · 302 W 37th St Fl 6, New York City, New York, 10018, United States
Cloud POS software for retail businesses. Inventory control, bookkeeping, reporting, and automation for online and in-store operations.
ERPLY is a Tallinn, Estonia-based software organization that provides cloud-based point-of-sale and inventory management systems for retail businesses operating across both physical brick-and-mortar locations and digital e-commerce channels. Operating on a software-as-a-service subscription model, the platform delivers comprehensive operational tools designed for centralized bookkeeping, automated billing, custom barcode generation, and detailed business reporting. Originally developed as a straightforward payment solution for small to medium-sized enterprises, the system has progressively expanded its capabilities to serve larger multinational retail chains across primary markets in the United States, Europe, and Australia. To support this ongoing growth, the profitable enterprise has raised over $4 million in total venture funding, which includes a $2 million investment round backed by recognizable institutional investors such as Seedcamp, Redpoint Ventures, and Index Ventures. ERPLY was officially founded in 2009 by technology entrepreneur Kris Hiiemaa.
ERPLY has raised $6.0M across 3 funding rounds.
ERPLY has raised $6.0M in total across 3 funding rounds.
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 $6.0M in total across 3 funding rounds.
ERPLY's investors include Redpoint Ventures, Benchmark, FJ Labs, Govtech Fund, Matrix, Glenn Solomon, Outlander Labs, Plug & Play Ventures, Practical Venture Capital, Propeller VC, Seven Seven Six, Sierra Point Ventures.
ERPLY has raised $6.0M across 3 funding rounds. Most recently, it raised $2.0M Series B in May 2013.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 1, 2013 | $2M Series B | Redpoint Ventures | 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, Dave Mcclure, Index Ventures | Announced |
| Mar 22, 2010 | $2M Venture Round | — | Aydin Senkut, Dave Mcclure, Kenny VAN Zant, Marten Mickos, Zack Urlocker, Accelerator Group, Saul Klein, Satish Dharmaraj | Announced |
| Mar 1, 2010 | $2M Seed | — | Benchmark, Govtech Fund, Matrix, Glenn Solomon, Outlander Labs, Propeller VC, Redpoint Ventures, Techstars, Uncork Capital, Zinc, DAN Martell, Joshua Schachter, Shervin Pishevar, Accelerator Group, Aydin Senkut, Dave Mcclure, Index Ventures, Kenny VAN Zant, Marten Mickos, Zack Urlocker | Announced |