SMP advises Project A on further investment in Spryker Systems
February 14, 2018 Press

SMP advises Project A on further investment in Spryker Systems

Berlin – SMP advised Project A on the US$ 22 million financing round of Spryker, a leader in beyond-desktop commerce technology. The financing round was led by One Peak Partners. 

Spryker Systems is the innovator behind the unique Spryker Commerce Operating System. In response to continuous changes in user expectations and new perceptions of what is perceived as a front end, Spryker Commerce OS helps businesses to implement new user interfaces (apps) at speed. These applications range from desktop shops, mobile apps, and IoT scenarios through to chatbots, blockchain technology, and voice integration.

"The demand for innovative new technology frameworks was born in leading commerce models and led to the launch of Spryker at the end of 2014. We are impressed by the speed at which the customer base is growing, by the fact that profitability was achieved in under 24 months from start, and by the strong partner network that Spryker has built in this short time. All of this makes me confident that Spryker will go on to become one of the leading players in Europe and beyond”, says Thies Sander, Founding Partner at Project A.