Tulip Raises $28M in Series C Funding
- Tulip, a Kitchener, ON, Canada-based provider of cloud-based retail mobile solutions, raised 28M USD in Series C funding
- The round was led by Arrowroot Capital, joined by BDC Capital and existing investors
- The company intends to use for future expansion including further plans to grow the sales and marketing team, accelerate road map development and increase global expansion
- The company is a cloud-based software provider focused on omnichannel mobile solutions for retail stores
- The company leverages mobile technology to deliver apps for store associates to look up products, manage customer information, check out shoppers, and communicate with clients
- Retailers like Mulberry, Saks Fifth Avenue, Kendra Scott, Kate Spade, COACH, and Michael Kors use Tulip in their stores to elevate the shopping experience
