Tiller Systems closes a €4M round led by 360 Capital Partners to expand in Europe

Apr 5, 2016
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Tiller Systems, a cash-register management solution company created in 2014, just raised €4M in its second round of funding led by 360 Capital Partners, along with various business angels such as Nicolas Sireyjol (former American Express France CEO), Damien Guermonprez (Lemonway) or Thierry Petit (Showroomprive).

This new round of funding will allow the young startup to support its growth across Europe and enhance its position as a major player in the brick and mortar businesses digitalisation process. The startup, which records 60% of monthly growth since launch, has thirty employees and plans to recruit over 100 new collaborators, expanding a sales force in France and abroad.

“We have primarily been seduced by the team and its ability to generate such an impressive growth in a short period of time. We are also convinced that this solution is an appropriate response to industry concerns in terms of digitalization” says François Collet, Partner at 360 Capital Partners.

Tiller has over 1,000 customers in 8 countries, including both large groups, such as Monoprix or Lidl, as well as independent establishments, mostly in the restaurant industry.