Otimo Retail

Profile

Otimo Retail is a growth-stage retail technology investor. Headquartered in an unspecified location, the firm was founded by Howard Stotland, who has a background from McGill University and the Massachusetts Institute of Technology and established STS Systems. The core team includes Matthew Stotland, an entrepreneur with a Computer Science degree from Boston University, and David Henning, a C-level executive and developer with significant retail technology experience. Otimo sets itself apart with deep industry knowledge and a hands-on approach, serving as owners alongside entrepreneurs and adding strategic value beyond capital.

Otimo Retail invests in technology companies focused on providing software solutions to the retail sector, predominantly at the growth stage. The firm supports small to mid-sized tech providers with strategic guidance and operational support and makes useful connections with executives at major retail companies. While their exact investment size preferences are not disclosed, the firm emphasizes strategic partnerships and business development within the retail tech sector.

Their portfolio includes notable investments such as XCCommerce, which develops promotion capabilities for retail; Logiwa, a cloud-based warehouse and inventory management software; and Trendalytics, a product intelligence platform using machine learning. Other portfolio companies include Momentis, providing software to apparel wholesalers; and Lightspeed, which offers a suite of technologies for small businesses, including POS and inventory management solutions.