TOULOUSE, FRANCE and LONDON — Growth equity firm Summit Partners has invested $72 million in OneStock SAS, an Order Management Systems (OMS) provider, to support the company’s continued international expansion into the US market. The investment will also help OneStock realize its vision of revolutionizing the global retail landscape.

OneStock was founded by Romulus Grigoras, chief executive officer, and Benoit Baccot, chief technical officer, in 2015 as a cloud-based, centralized omnichannel retail and customer experience solution. According to the company, its platform provides customers with the convenience to “buy anywhere, deliver anywhere, return anywhere.”

“Since the beginning, OneStock has been dedicated to creating smarter and more sustainable shopping experiences, and our partnership with Summit marks a thrilling new chapter in our journey, reaffirming our long-term commitment to innovation and growth in the retail technology space,” Grigoras said. “With Summit’s support and the benefit of their deep experience in the retail technology sector, we’re poised to accelerate our growth even further. Our clear ambition is to emerge as the number one global leader in the OMS category.”

OneStock’s customer-centric platform has led to strong revenue growth for the company. According to Summit Partners, the business has seen 2.5-fold growth in revenue since 2021.

“OneStock is known in the retail market for having an impressive track record of innovation, including what we believe are pioneering features such as gamification as part of its Ship from Store product, its advanced Business Intelligence Suite, and one of the most sophisticated Delivery Promise solutions in the industry,” said Nik Ohri, vice president at Summit Partners.

OneStock’s solutions cater to more than 100 retailers across 25 countries operating in a range of industries, including pet food. More than €2.5 billion ($2.7 billion USD) worth of orders are facilitated through the OneStock platform annually, according to the company.

“With the proliferation of online and offline sales channels and consumers’ ever-increasing expectations for instant product availability and fulfillment, we believe a modern OMS has become a critical part of the retail supply chain,” said Steffan Peyer, managing director at Summit Partners. “In our view, OneStock has developed the most intuitive, scalable and differentiated cloud-native OMS solutions, purpose-built to help brands and retailers to plan better, grow faster, sell more and waste less.”

Following the investment, both Peyer and Ohri from Summit Partners will join OneStock SAS’s board of directors.

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