NuORDER
1901 Avenue of the Stars Suite 175M, Los Angeles, California, 90067, United States
Overview
NuORDER operates a B2B e-commerce platform focused on commerce and discovery, offering Virtual Showroom technology, visual assortment and merchandising tools, payments and data integration. The platform connects more than 3,000 brands and over 500,000 retailers, providing enterprise-level technology at scale. NuORDER’s product set emphasizes visual merchandising and integrated payments to streamline wholesale and retail workflows. Leadership is led by Olivia Skuza and Heath Wells, and the company is headquartered in Los Angeles with offices in New York City, Milan, London, Paris and Australia. The company intends to use the new funding for continued growth and expansion within focus markets. The articles describe a strategic push into European fashion and luxury retail markets supported by board-level hires. Nuorder is a Los Angeles, CA-based B2B wholesale eCommerce platform led by Olivia Skuza that provides sales teams and buyers a central place to browse products and catalogs, access up-to-the-minute sales and inventory data, and place orders 24/7/365. The company powers B2B eCommerce sites for more than 1,000 vendors and 435,000 buyers. To date, $16 billion worth of gross merchandise volume has been sold on the platform. Nuorder intends to use the funds to continue to develop its solutions, accelerate product innovation and grow its team. The product emphasizes centralized catalog and inventory visibility and mobile and desktop ordering for buyers and sales teams. The company has raised $40m in total financing to date, including the recent Series C. NuORDER provides a cloud- and mobile-first eCommerce experience designed specifically for B2B wholesale, giving brands and retailers a central place to browse catalogs, access up-to-the-minute sales and inventory data, and place orders 24/7. The platform powers over 800 vendors and 300,000 retailer buyers and has transacted $5 billion in specialty store orders to date; the company turned cash positive in 2016. NuORDER offers a rich feature suite and a mobile app intended to replace pen, paper and fax-based wholesale workflows. The company plans to use new capital to fund product development and innovation, scale customer success globally, expand into new industries, and grow its product line. NuORDER said it will release new products in the second half of 2017 to further support specialty brands and increase efficiencies. The company was founded in 2011. NuORDER is an L.A.-based startup that brings the wholesale fashion business online via a marketplace and an iPad app. Brands and designers can create custom digital linesheets, place orders, update inventory in real time, and integrate with inventory or accounting systems. Buyers access collections online and can place digital orders; the platform is free for buyers while brands and designers pay a subscription fee. The iPad-focused app works offline so brands can conduct business during in-person meetings and trade shows. Customers include Helmut Lang, Levi’s, Elizabeth and James, Adidas, Ted Baker, Cheap Monday, Alternative Apparel, and Citizens of Humanity. Over 750,000 units of clothing have been sold through NuORDER in the last 12 months.
- Total raised
- $71M
- Funding rounds
- 4
- Latest round
- Equity
- Latest activity
- Mar 2021
Industries
- B2B
- E-Commerce
- Marketplace
- Wholesale
Recent funding
Equity
Mar 2021
$45M
Series C
Dec 2018
$15M
Series B
Aug 2017
$8M
Series A
Nov 2012
$3M