Tiller Systems investment from Ring Capital & Omnes Capital

The advanced cash register solution completes a series B to accelerate its international growth and strengthen its team

The leading French connected cash register and management solution has raised 12 million euros in a Series B with Ring Capital and Omnes Capital. Historic investor 360 Capital Partners also took part in this operation.

Deployed to 5,000 customers in more than 35 countries, Tiller offers a comprehensive management tool (order taking, cashing, real-time performance monitoring, integrated digital solutions) for merchants. With a team of nearly 150 people, offices in Paris, Barcelona and Milan, Tiller began its phase of hyper-growth over a year ago and has now achieved profitability.

The investment will allow the company to conquer a European market of more than 7.5 million traders, thanks to its "all-in-one" solution. Tiller is now a market-leader in France and Spain and wants to strengthen its international presence by developing its presence in Europe. This capital increase also enables Tiller to pursue its technological development, in particular through the recruitment of new profiles to strengthen the teams in charge of creating and developing the various tools available on the Tiller marketplace.

Dimitri Farber, co-founder of Tiller, says: "We are delighted with this fundraising, which will enable us to strengthen our European leadership in the merchant collection and management solutions market. Our ambition is to support 30,000 merchants by 2020. "