Unleashed Software eyes further developments in inventory management software following $7 million boost

In competitive markets, customer loyalty is crucial. And if you are a business dealing with stock, having the right amount in the right place at the right time – and knowing exactly what you’ve got and where – is key to keeping your customers happy.
 
Unleashed Software is committed to making inventory management easier and more efficient for businesses all over the world. The Auckland North company now has customers in almost 90 countries and has been recognised in the Deloitte Technology Asia Pacific Fast 500 for the last three years running. Unleashed Software has recently been mentioned in the Huffington Post as one of the top 10 small business tools globally.

Unleashed was developed in Massey University’s E-Centre in Albany, making the most of Massey University’s resource and dedication to helping innovative ideas go from garage to global. It was here that CEO and founder Gareth Berry, who is now on the Grow North Innovation District Steering Committee, was introduced to investors to bring his vision to life. His goal was to create software that allowed customers to take control of their inventory health in real time.

​Through Unleashed Software, customer retention can be improved by analysing past inventory trends to predict optimal future levels of stock. Efficiency can be improved by knowing exactly where stock is at all times, so any enquiries can be responded to with an accurate prediction of delivery times. Transactions are monitored in real time, and an accurate stock count is available anytime, anywhere.

After their initial investors came on board, more companies started to pay attention to this Kiwi company that's punching well above its weight. After raising $18 million in capital in just a few short years, Unleashed Software has this year announced a Series C investment of NZ$7.0 million from Movac, New Zealand’s largest and most experienced technology investment company. The investment funds will go towards fuelling the development of the next generation inventory management software and support the global growth of the company that now services customers in nearly 90 countries in the wholesale, distribution and manufacturing sectors.
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CEO of Unleashed Software Gareth Berry says: “We have been building both our core product and markets for eight years now. We see big opportunities in the United Kingdom and the United States markets where businesses are starting to migrate and adopt best-in-breed component solutions to run their businesses. This presents an amazing opportunity for us, with a substantial amount of growth in our businesses forecast to come from the Northern Hemisphere over the next few years.”