UK founded retail technology firm Quorso bags minority growth investment from Summit Partners

Quorso, a specialist in operations software for multi-store retailers, has announced a minority growth equity investment from Summit Partners. The funding (an exact number was not disclosed) will support its international expansion, product innovation and operational scaling.

Quorso’s Intelligent Management platform helps retailers improve performance by turning complex operational data into smart daily actions for frontline managers and store teams. By connecting disparate systems and analysing real-time data - including sales, inventory, and labour metrics - it is designed to identify key opportunities and guide teams through high impact “missions” that drive measurable results.  

The company currently powers operations across retailers including Dollar General, Circle K, Walmart Mexico and Tractor Supply Company.

“In today’s complex retail environment, store teams are under more pressure than ever to deliver results, yet they’re often overwhelmed with data from disconnected systems and thousands of weekly data points across multiple apps,” says Julian Mills, Co-founder and CEO at Quorso.

“We’re helping solve that problem by making it easier for managers and frontline workers to take smart, targeted actions that truly drive store performance. We’re thrilled to partner with Summit, whose deep experience in retail technology will be invaluable as we scale our platform, expand globally and deliver on our ambitious vision to augment operations in retail and other sectors.”

“Quorso is working to reshape how retailers manage daily store operations, with an intelligent platform designed to turn fragmented, noisy data into clear, high impact actions for store and field teams,” says Steffan Peyer, a Managing Director at Summit Partners, who is joining the Quorso Board of Directors.

"We’ve spent decades partnering with companies driving innovation across the retail value chain, and we’ve seen firsthand how increasing operational demands have made effective in-store execution more challenging than ever. We believe Quorso stands out as a powerful solution purpose built for the realities of modern retail - one that resonates strongly with customers and delivers clear ROI. We’re excited to support Julian and the team as they scale their impact globally.”

2025 RTIH INNOVATION AWARDS

Physical stores will be a key focus area at the 2025 RTIH Innovation Awards.

The awards, which are now open for entries, celebrate global tech innovation in a fast moving omnichannel world.

Our 2024 hall of fame entrants were revealed during an event which took place at RIBA’s 66 Portland Place HQ in Central London on 21st November, and consisted of a drinks reception, three course meal, and awards ceremony presided over by comedian Lucy Porter.

In his welcome speech, Scott Thompson, Founder and Editor, RTIH, said: “The event is now into its sixth year and what a journey it has been. The awards started life as an online only affair during the Covid outbreak, before launching as a small scale in real life event and growing year on year to the point where we’re now selling out this fine, historic venue.”

He added: “Congratulations to all of our finalists. Many submissions did not make it through to the final stage, and getting to this point is no mean feat. Checkout-free stores, automated supply chains, immersive experiences, on-demand delivery, next generation loyalty offerings, inclusive retail, green technology. We’ve got all the cool stuff covered this evening.”

“But just importantly we’ve got lots of great examples of companies taking innovative tech and making it usable in everyday operations - resulting in more efficiency and profitability in all areas.”

Congratulations to our 2024 winners, and a big thank you to our sponsors, judging panel, the legend that is Lucy Porter, and all those who attended November's gathering. 

For further information on the 2025 RTIH Innovation Awards, please fill in the below form and we will get back to you asap.