What is OnHand?
Founded in 2010 at Babson College, OnHand has evolved into a specialized retail technology firm that addresses the demand for high-quality charging accessories in high-traffic environments. The company initially established its market footprint by optimizing inventory and sales processes for over 1,100 university bookstores, effectively capturing impulse tech purchases. In 2017, the organization successfully diversified its operational scope by entering the hospital gift shop market. This expansion demonstrates OnHand's ability to scale its business model across distinct retail verticals, providing a streamlined, reliable supply chain solution for retailers seeking to improve customer convenience through essential mobile technology products.
How much funding has OnHand raised?
OnHand has raised a total of $500K across 1 funding round:
Angel/Seed
$500K
Angel/Seed (2014): $500K, investors not publicly disclosed
Key Investors in OnHand
Undisclosed Investor
Undisclosed investor participating in the funding round.
What's next for OnHand?
With the support of this major strategic investment, OnHand is poised to enter a new phase of operational scaling and product diversification. The company's roadmap likely involves deepening its penetration within the healthcare retail sector while exploring additional high-traffic environments that require seamless access to mobile charging solutions. By focusing on supply chain efficiency and retail partnership growth, OnHand aims to solidify its status as a leader in the impulse-buy technology market. Future initiatives will likely prioritize the integration of advanced inventory management analytics to further assist retail partners in maximizing revenue per square foot, ensuring the company remains at the forefront of retail technology innovation.
See full OnHand company page
