Rubicon invests in inventory management software Cin7

Cloud-based inventory management software (IMS) and point-of-sale (POS) solutions company Cin7 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.

Cin7 founder and chief architect Danny Ing says, "This investment validates all of the hard work our team has put in to building a product and delivering support to our customer base.

"We are now doubling-down to reach the growth we know is possible with a great partner that has the resources, operational expertise and cultural fit to accelerate our growth.

Cin7 aims to help growing businesses optimise inventory, lower costs and maximise cash flow by providing a single platform to automate the sale, purchase and delivery of products across multiple distribution channels.

Cin7's scalable cloud-based IMS platform provides core functionality including warehouse management and POS, along with over 450 marketplace integrations.

Thousands of end-users around the world use Cin7 to manage stock and streamline their order processes as they add sales channels and expand to new markets.

Rubicon partner Jason Winsten says, "The company has built a differentiated IMS solution that solves a critical and complex problem for growing merchants selling their products through multiple online and offline channels.

"Cin7's ability to capture market share provides a strong foundation for continued growth, which we plan to accelerate with our investment in and partnership with the Cin7 team.

The investment is subject to approval from New Zealand's Overseas Investment Office.

Cin7 inventory management software and POS system aims to keep stock in line with orders across every sales channel and stock location.

With integration and workflow automation, Cin7 helps contain costs, and maximise 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.

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.