Rapid RMS
Latest round
- Angel
Last raised
- Jun 2015
Total raised
- $1.9M
Investors
- 2
About Rapid RMS
Founded in 2013 in Chattanooga, US, Rapid RMS specializes in providing advanced POS solutions for retailers. The company has undergone no significant business pivots and does not operate as a subsidiary of any parent company. The founder, Nirav Patel, has yet to be noted for founding other companies.Rapid RMS specializes in providing advanced Point of Sale (POS) solutions tailored to meet the diverse needs of retailers across various industries, including convenience stores, petroleum, liquor, and quick-service restaurants. Their primary offering is a cloud-based, all-in-one POS system that enables businesses to manage multiple locations from a centralized platform, facilitating operational efficiency without the need for in-store servers. The solution includes feature-rich applications and an intuitive back-office system designed for peak efficiency, thereby enabling retailers to streamline operations, track inventory in real-time, and derive actionable insights through analytics.Rapid RMS generates revenue through a subscription-based model that encompasses various services, including its flagship POS system and payment processing solutions. Businesses engage with Rapid RMS by subscribing to their software, which allows for unlimited inventory management and multi-location oversight, essential for retailers looking to optimize their operations. The company supports both B2B and direct-to-consumer transactions, fostering long-term partnerships with clients who rely on its robust technology to enhance customer experiences and operational efficiency. The company aims to expand into new geographic markets, focusing on regions with high retail activity by the end of 2023.
Who invested in Rapid RMS
2 investors across 2 rounds
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Questions about Rapid RMS
Who invested in Rapid RMS?
Rapid RMS has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Rapid RMS raised?
Rapid RMS has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Rapid RMS last raise money?
Rapid RMS's most recent round on record is a Angel, in Jun 2015.
What does Rapid RMS do?
Founded in 2013 in Chattanooga, US, Rapid RMS specializes in providing advanced POS solutions for retailers.
Where is Rapid RMS headquartered?
Rapid RMS is headquartered in Chattanooga, US.
Which VCs invest in companies like Rapid RMS?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Rapid RMS's stage. Their profiles are linked below.
VCs backing software startups at Angel
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