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.

Led by Ali Asaria, Founder, and CEO, Tulip is a cloud-based software provider focused on omnichannel mobile solutions for retail stores. Partnered with Apple, 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, increase sales and improve customer service.