- : Cin7
- : 18/02/2021 08:00
Combines leading capabilities of all three brands to offer complete range of solutions for all types of product sellers and sales channels
DENVER – Feb 17, 2021 — Cin7, a pioneering inventory and order management software company, today announced it has acquired DEAR Systems and Orderhive, forging a leading SaaS provider of inventory and order management software for all types of product sellers.
“The combination of these three great products covers the full range of product seller needs, immediately creating a significantly larger and fast-growing company with a massive global market opportunity,” said Cin7 CEO David Leach. “Together, we will empower product sellers to thrive and accelerate our growth by continuing to do what we each do best, working together to get every customer the best product for their needs, regardless of how they find and engage our combined business.”
Cin7 helps reduce the cost, time and effort of selling products for thousands of small to mid-sized businesses. The acquisition of DEAR Systems and Orderhive extends Cin7’s ability to help product sellers with shipping, manufacturing, warehouse management and automations. DEAR Systems brings added manufacturing functionality and a simplified user interface, which are perfectly suited to small- and medium-sized businesses (SMBs) and manufacturers. Meanwhile, Orderhive takes ecommerce capabilities to the next level and is a perfect choice for high-volume, high-velocity native ecommerce sellers. Now, with a greater range of solutions to fit any budget, the combined Cin7 does even more to reduce the reliance on disconnected software solutions and manual processes.
“DEAR Systems’ success has been driven by rapid product development and strong relationships with our partner network,” said Dr. Serguei Piltiaev, DEAR Systems founder and CEO. “Our team will continue to innovate as part of Cin7, offering a robust, intuitive solution for SMBs and manufacturers.”
“Joining with Cin7 is the latest milestone in Orderhive’s rapid growth story,” said Niraj Patel, Founder of Orderhive. “Cin7 is gaining one of the industry’s leading ecommerce solutions along with a very skilled development team. We view this combination as an opportunity to further accelerate Orderhive’s growth in new markets, together with Cin7 and DEAR.”
With the acquisitions of DEAR Systems and Orderhive, Cin7 now serves over 6,000 product sellers globally.
Cin7’s inventory and order management platform connects more than 550 ecommerce platforms, online marketplaces, 3PL warehouses, and native EDIs in one solution, helping retailers and product sellers quickly and efficiently get their products to customers wherever they are, from any channel. Cin7 was founded in New Zealand and supports product sellers in 25 countries. In early 2020 Cin7 established a significant US presence to serve its growing customer base and accelerate growth in the North American market. Every month, millions of orders flow through the platform, representing over a billion dollars of product sales, as Cin7 helps growing brands sell more products, to more customers, in more places.
About DEAR Systems
DEAR Systems is a cloud-based inventory management software platform serving more than 3,000 small-to-medium sized retailers, wholesalers, manufacturers and eCommerce product sellers. Founded in 2012, DEAR is an acronym for (Double Entry Accounting Records). DEAR started off as an Inventory Management add-on application for Xero and Quickbooks Online helping their SMB customers move to the cloud from legacy accounting software. Today, DEAR Systems is privileged to offer exceptional cloud ERP software to customers in over 75 countries. DEAR’s mission is to provide enterprise level tools to enable small businesses thrive and succeed on a global stage while competing with larger enterprises without the costs and complications of typical legacy ERP software.
Orderhive is a SaaS-based solution that brings order, shipping and inventory management functionalities in one platform. It facilitates multi-channel order processing, streamlines back-end processes, and maintains a real-time inventory tracking system. Orderhive is a SaaS-based solution that brings order, shipping and inventory management functionalities in one platform. Orderhive provides seamless integrations with leading marketplaces like Amazon, eBay, Etsy etc, shopping carts like Shopify, Magento, WooCommerce, etc, shipping partners like FedEx, USPS, UPS, DPD etc, accounting software like Quickbooks & Xero in a unified business tool. It has recorded 2500+ clients across the globe. Orderhive comes with a 15-day free trial and provides 24X7 customer support to its users.
- : Doug LaBahn
- : CMO
- : DougL@cin7.com
- : 6498897150
- : Cin7
- : 09/03/2020
Bergita Rudman, an experienced technology leader brings her collaborative style to head the development of Cin7’s innovative cloud-based inventory management software.
AUCKLAND, NEW ZEALAND – March 9, 2020 – Cin7, a pioneer in cloud-based inventory management software (IMS) and point of sale (POS) solutions, is pleased to announce the appointment of Bergita Rudman as VP, Engineering. With two decades of experience under her belt, Bergita has established herself as a respected engineering leader in an industry traditionally dominated by men.
Cin7 is additionally pleased to make the announcement as part of its celebration of International Women’s Day on March 8 as the company continues its efforts to increase diversity among Cin7 staff and leadership.
Bergita will be a key member of Cin7’s senior leadership team, leading the company’s Engineering Team in delivering Cin7’s vision for connected and automated inventory.
“Having worked with Bergita previously, I’m really excited to have her join us,” says David Leach, Chief Executive Officer. “Her skills and experience are extremely relevant to what we do and where we are going. She is a great collaborator and will really help our team take the product to the next level.”
Bergita joins Cin7 from Lyniate, a global healthcare data interoperability solution provider, where she served as VP, Development. Prior to that, she was Product Development Director at Orion Health, a global cloud-based healthcare software company.
“I’m impressed with both the product that Cin7 has developed and the team that they have put together to make it happen,” Bergita said. “The energy and momentum they’ve created are exciting and I look forward to being part of the team.”
Bergita officially starts with Cin7 on March 23, 2020.
p: +64 21 586 715
Cin7 is connected inventory management, simplified. With built-in POS and warehouse management, Cin7 keeps inventory in line with orders across every sales channel and stock location, the smartest way for growing brands to sell more to more customers in more places. Use Cin7 to gain real-time insight, contain costs and maximize margins and cash flow for your B2B, B2C, online and brick-and-mortar business. Cin7’s extensive integration includes 3PL warehouses, retailers (with built-in EDI), online marketplaces, eCommerce platforms, accounting solutions and other business-critical software, making Cin7 adaptable to your specific requirements. For more information, please visit cin7.com.
- Bergita Rudman headshot
- : David Leach
- : CEO
- : email@example.com
- : 6421586715
- : https://www.cin7.com/
- : Cin7
- : 26/09/2019
AUCKLAND, NEW ZEALAND – September 26, 2019 – Cin7, a pioneer in cloud-based inventory management software (IMS) and point-of-sale (POS) solutions, has agreed to a majority investment from Rubicon Technology Partners (“Rubicon”), a US-based private equity firm that invests exclusively in enterprise software companies. The funding will be used to accelerate Cin7’s global growth strategy through product innovation, sales expansion and continued investment in customer success.
“This investment validates all of the hard work our team has put in to building a market-leading product and delivering best-in-class support to our growing, global customer base,” said Danny Ing, Founder and Chief Architect of Cin7. “We are now doubling-down to reach the global growth we know is possible with a great partner that has the resources, operational expertise and cultural fit to accelerate our growth.”
Cin7 helps growing businesses optimize inventory, lower costs and maximize cash flow by providing a single platform to automate the sale, purchase and delivery of products across multiple distribution channels. Cin7’s highly scalable, feature-rich, and cloud-based IMS platform provides powerful core functionality, including warehouse management and POS, along with the industry’s most extensive list of over 450 marketplace integrations. Thousands of end-users around the world use Cin7 to safely manage stock and streamline their order processes as they add sales channels and expand to new markets.
“With the most comprehensive, easy to use and swift-to-implement inventory management software product on the market, Cin7 is ready to become the clear leader in the global IMS market,” said Jason Winsten, Partner, Rubicon. “The company has built a highly differentiated IMS solution that solves a critical and complex problem for growing merchants selling their products through multiple online and offline channels. Cin7’s proven ability to capture global market share provides a strong foundation for continued growth, which we plan to aggressively accelerate with our investment in and partnership with the Cin7 team.”
The investment is subject to approval from New Zealand’s Overseas Investment Office.
p: +64 21 586 715
Cin7 inventory management software and POS system keep your stock in line with orders across every sales channel and stock location. With extensive integration and workflow automation, Cin7 helps contain costs, and maximize margins and cash flow for B2B, B2C, online and brick-and-mortar business. Cin7’s integrations include 3PL warehouses, retailers (with built-in EDI), online marketplaces, eCommerce platforms, accounting solutions and more. For more information, please visit www.cin7.com
About Rubicon Technology Partners
Rubicon Technology Partners invests in enterprise software companies with proven products and talented management teams to help grow and scale their businesses. Rubicon enables companies to adapt to the changing requirements of their businesses as they grow and scale using a proven set of proprietary processes, best practices and a portfolio-wide engagement model called RTP Change Management™. With offices in Boulder, CO, Palo Alto, CA and Stamford, CT, Rubicon has over $850 million in cumulative capital commitments. For more information, please visit www.rubicontp.com
- : Shreya Patil
- : Head of Marketing
- : Shreya.Patil@Cin7.com
- : 6421709368
- : Cin7
- : 19/09/2019
AUCKLAND, NEW ZEALAND – September 19, 2019 – Cin7, a global leader in inventory management software, has appointed David Leach as Chief Operating Officer. He joins the Cin7 executive team to lead sales, marketing, product development, support and implementation.
“We are very pleased to have David on board. We continue to grow and expand globally, and David has significant and very relevant experience in fast-growing global software companies,” said Founder and Chief Architect Danny Ing. “David will be critical as we execute our next phase of growth.”
Formerly Chief Operating Officer at ezyVet, a veterinary practice management software company, Leach has a long history of software leadership at fast-growing SaaS companies, including Orion Health and Qrious.
“Cin7 is an exciting business with a rapidly expanding customer base, a comprehensive product and a great team behind it,” said Leach. “In a fast-changing and increasingly complex world of retail and consumer buying behaviours, I believe Cin7 has what it takes to continue to innovate with speed and win big.”
For more information, visit www.cin7.com
- : Shreya Patil
- : Head of Marketing
- : PR@Cin7.com
- : 6421709368