Erply

Last updated
Erply
Erply.png
Type of site
point of sale, inventory management
Available inEnglish
Founded Estonia
OwnerKristjan Hiiemaa via Erply Limited
Industry software
URL http://www.erply.com
CommercialYes
Launched2009
Current statusActive

Erply is an enterprise software company which provides cloud-based point of sale and inventory management technology. [1] It was founded in Estonia by Kristjan Hiiemaa in 2009. [2]

Contents

History

In 2009, the company won Seedcamp, a European early stage investment program. [3] [4] [5]

In March 2010, they received $2 million in funding from Saul Klein (Index Ventures), Satish Dharmaraj (Redpoint Ventures), Dave McClure and Kenny van Zant. [6] [7] [8]

Description

The service was initially a retail payment solution for small to medium-sized businesses. [9] They have since expanded to larger box retailers, and provide systems for point of sales, inventory control, billing, and other retail-related technologies. [10] The service retails for $74 per month on average. [11]

In August 2011, the company released a mobile credit card reader for handheld devices like Apple iPads. [12] [13]

Reception

Erply has been profiled in media publications such as The Wall Street Journal , the Financial Times and the BBC. [1] [6] [14] Erply as one of the top ten European startups to watch in 2011. [11] [15]

Related Research Articles

<span class="mw-page-title-main">Point of sale</span> Time and place where a retail transaction is completed

The point of sale (POS) or point of purchase (POP) is the time and place at which a retail transaction is completed. At the point of sale, the merchant calculates the amount owed by the customer, indicates that amount, may prepare an invoice for the customer, and indicates the options for the customer to make payment. It is also the point at which a customer makes a payment to the merchant in exchange for goods or after provision of a service. After receiving payment, the merchant may issue a receipt, as proof of transaction, which is usually printed but can also be dispensed with or sent electronically.

<span class="mw-page-title-main">Near-field communication</span> Radio communication established between devices by bringing them into proximity

Near-field communication (NFC) is a set of communication protocols that enables communication between two electronic devices over a distance of 4 cm or less. NFC offers a low-speed connection through a simple setup that can be used for the bootstrapping of capable wireless connections. Like other proximity card technologies, NFC is based on inductive coupling between two electromagnetic coils present on a NFC-enabled device such as a smartphone. NFC communicating in one or both directions uses a frequency of 13.56 MHz in the globally available unlicensed radio frequency ISM band, compliant with the ISO/IEC 18000-3 air interface standard at data rates ranging from 106 to 848 kbit/s.

<span class="mw-page-title-main">Verifone</span> Multinational point-of-sale equipment manufacturer

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Shopify Inc., stylized as shopify, is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario. Shopify is the name of its proprietary e-commerce platform for online stores and retail POS (point-of-sale) systems. The platform offers retailers a suite of services, including payments, marketing, shipping and customer engagement tools.

<span class="mw-page-title-main">Revel Systems</span>

Revel Systems is an iPad-based point of sale system co-founded by Lisa Falzone and Christopher Ciabarra. In June 2024, it was announced that the company was acquired by Shift4.

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References

  1. 1 2 Yiannopoulos, Milo. Out of the Starting Blocks. The Wall Street Journal. December 8, 2010.
  2. Kim, Ryan. Card swipe dongle or NFC? Erply chooses both Archived 2012-01-04 at the Wayback Machine . Giga OM. August 23, 2011.
  3. Butcher, Mike. Seedcamp announces its six winners for 2009. TechCrunch Europe. September 25, 2009.
  4. And the winners are….Seedcamp congratulates the 2009 winning teams Archived 2012-01-02 at the Wayback Machine . Seedcamp. September 25, 2009.
  5. Bunz, Mercedes. Eastern Europe takes over Seedcamp. The Guardian. September 25, 2009.
  6. 1 2 "A venture capitalist's European mission". www.ft.com. Retrieved 2024-11-19.
  7. Cox, Mark. Erply aims to be Skype of business software market [ permanent dead link ]. eChannelLine. March 29, 2010.
  8. "Estonian start-up Erply raises $2M from US and European VCs | Science|Business". sciencebusiness.net. Retrieved 2024-11-19.
  9. Erply POS Solution. Web Wholesaler Magazine. October 2011.
  10. Features Archived 2011-12-25 at the Wayback Machine . Erply.com.
  11. 1 2 Rusli, Evelyn. Erply: Skype of Business Software?. TechCrunch. March 22, 2010.
  12. King, Rachel. Erply takes on Square, Verifone with new mobile payment device. ZDNet. August 23, 2011.
  13. Toor, Amar. ERPLY's mobile credit card reader handles NFC payments on an iPad, obliterates the check-out line. Engadget. August 23, 2011.
  14. Graham, Fiona. Tablet time: Tablet computers take on the workplace. BBC News. March 21, 2011.
  15. Finley, Klint. 5 Enterprise Startups to Watch in 2011 # 3: Erply Archived 2011-12-27 at the Wayback Machine . ReadWriteWeb. December 29, 2010.