STORIS Funding: How Much Did They Raise & Key Investors

How Much Did STORIS Raise?
Funding & Key Investors

STORIS, a provider of comprehensive retail software solutions, has recently secured a major strategic investment, adding to its total funding of $2M. The company's latest financing round, which involved a significant strategic investment, follows its previous debt financing of $2 million in April 2020. The exact amount of the recent capital infusion was not disclosed, but its strategic nature suggests a focus on accelerated growth and market expansion.

What is STORIS?

STORIS

Software

Enterprise Resource Planning (ERP)

Business Services

STORIS specializes in delivering integrated software solutions tailored for the furniture, bedding, appliance, and electronics retail sectors. Its robust platform encompasses a wide array of functionalities, from point of sale (POS) and inventory control to advanced accounting and business intelligence tools. This comprehensive suite empowers retailers with complete oversight and management of their operations, addressing critical needs in a competitive market.

How much funding has STORIS raised?

STORIS has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

What's next for STORIS?

The recent major strategic investment signals a pivotal moment for STORIS, likely enabling the company to enhance its product development, expand its market reach, and potentially pursue strategic acquisitions. This capital infusion is expected to fuel further innovation in its retail software offerings, reinforcing its position as a key player in the industry and supporting its trajectory towards sustained growth and market leadership.

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