Bindo gets $1.8M for its offline-online POS system for small retailers

Bindo logoBindo, creator of an iPad-based point-of-sale (POS) system for small brick-and-mortar retailers, has announced the completion of a $1.8 million Seed funding round. Investors in the round include Gary Vaynerchuk, East Ventures and Metamorphic Ventures. The New York City-based startup’s value proposition is a combination of both CRM integration with the POS system and an online marketplace that allows stores to instantly offer their products online and manage both online and offline inventory.

The company was founded early last year by Jason Ngan, JoMing Au and Brad Lauster.

Comments

  1. This is a really interesting idea and a niche that hasn’t been cracked yet. The value proposition to retailers is obvious and the way to get consumers on board is with a “support your local business” campaign that would have strong relevance almost anywhere. Combining inventory, e-commerce and POS is rather genius.

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