# Otimo Retail

> Otimo Retail is a VC fund in Montréal backing Software and Retail Technology. See 12 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Montréal, Canada
- Total investments: 12
- Last investment: Apr 2021
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/matthew-stotland-ab293b25
- Website: http://www.otimoretail.com

Otimo Retail is a VC fund in Montréal focused on Software and Retail Technology. Otimo Retail, an investment vehicle backed by Howard Stotland, Matthew Stotland, and David Henning provides capital, strategic and operational guidance to small and mid­-sized technology providers who develop, market and sell software solutions to retail organizations.

## Contacts

5 contacts available for Otimo Retail. Shizune tracks 3 team members at Otimo Retail. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/otimo-retail?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $573k–$800k |
| Series A | $3.1M–$8.5M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 6 | 50% |
| Retail Technology | 5 | 42% |
| Retail | 4 | 33% |
| E-Commerce | 3 | 25% |
| SaaS | 2 | 17% |

35 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 7 | 58% |
| Series A | 2 | 17% |
| Funding Round | 2 | 17% |
| Series B | 1 | 8% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Canada | 7 | 58% |
| United States | 4 | 33% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| David Henning | Partner | 2 | https://shizune.co/investors/profile/david-henning |
| Howard Stotland | President | 1 | https://shizune.co/investors/profile/howard-stotland |
| Matthew Stotland | Partner | 0 | https://shizune.co/investors/profile/matthew-stotland |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Logiwa | Logiwa is the leading cloud fulfillment software for high-volume direct-to-consumer brands, wholesalers, and 3PLs. The Logiwa Cloud Fulfillment Platform is an integrated WMS and order fulfillment system that makes it easy to run a digital warehouse and scale your high-volume DTC fulfillment operations. Logiwa’s solution works where traditional WMSsystems fail: it connects quickly with new online stores and marketplaces, makes it easy to run a digital warehouse, and is easily updated to support dynamic warehouse environments. | $8.5M | Series A | Apr 15, 2021 |  |
| XCCommerce | XCCommerce is a leading software development and implementation company that specializes in retail specific solutions.XCCommerce’s team has a proven track record of developing and deploying Promotion Management Solutions, implementing projects on time and on budget, and generating optimal ROI for their customers.XCCommerce has a strong marketpresence and their capabilities in delivering applications are rooted in best practices. Their solutions enable retailers to transform the customer experience and allow seamless interaction with the consumer on their terms.They are trusted with providing focused solutions and dedicated expertise to the retail industry, ranging from Tier 1 retailers to organizations who are growing their brands. |  | Seed | Jan 01, 2019 |  |
| Logiwa | Logiwa is the leading cloud fulfillment software for high-volume direct-to-consumer brands, wholesalers, and 3PLs. The Logiwa Cloud Fulfillment Platform is an integrated WMS and order fulfillment system that makes it easy to run a digital warehouse and scale your high-volume DTC fulfillment operations. Logiwa’s solution works where traditional WMSsystems fail: it connects quickly with new online stores and marketplaces, makes it easy to run a digital warehouse, and is easily updated to support dynamic warehouse environments. | $3M |  | Aug 22, 2018 |  |
| Trendalytics Innovation Labs | Trendalytics Innovation Labs is a product intelligence engine that surfaces what consumers want today and tomorrow. They empower retailers to drive forward-looking decisions by aggregating and demystifying predictive data. The company's proprietary machine learning and image recognition technology superpowers clients with a 360° lens onconsumer demand and market supply inflection points by classifying and translating data across social influencer buzz, online product searches, consumer shopping patterns, and SKU data into actionable merchandise insights. Trendalytics predicts future trends by analyzing millions of data points across search, social media, and e-commerce, grouping them in statistically significant ways, and then extrapolating out the trend curve. They combine the consumer demand signals of search, social, and e-commerce to provide trend predictability that takes the guesswork out of buying and assortment decisions.Trendalytics Innovation Labs was founded in 2013 and is headquartered in New York, NY, USA. | $3M |  | Nov 30, 2017 |  |
| Momentis | Momentis is a global provider of software for fashion and apparel wholesalers, importers, manufacturers, franchisees and self-sourcing retailers. Momentis established a presence in Europe, opening an office in Central London, UK and Momentis now supports over 250 brands worldwide. Momentis calculates that over $7.5 billion of sales are transactedthrough Momentis software every year in over 60 different countries, across North America, Europe and Asia-Pacific. |  | Seed | May 26, 2017 |  |
| Sonder | Sonder is revolutionizing hospitality through innovative, tech-powered service and inspiring, thoughtfully designed accommodations combined into one seamlessly managed experience. Officially launched in 2014 and headquartered in San Francisco, Sonder is making a world of better stays open to all with a variety of accommodation options — from roomsto suites and apartments — found in more than 30 cities spanning eight countries and three continents. Sonder’s innovative app empowers guests by making self-service features and 24/7 on-the-ground support just a tap away. From simple self check-in to boutique bathroom amenities, we bring the best of a hotel without any of the formality. | $32M | Series B | Mar 01, 2017 |  |
| StoreForce | StoreForce offers a unique approach to workforce management (WFM) that implements a more agile, efficient and effective workforce. Built exclusively for Specialty Retail, WFM+ is an all-in-one SaaS platform that provides a full suite of scheduling, timekeeping, performance management, and execution tools. WFM+ empowers teams to drive performance,optimize labor spend, and deliver exceptional customer service. WFM+ ensures that more time is available to focus on what matters most, the customer. We are proud partners of world-renowned Specialty Retailers: Crate & Barrel, Tory Burch, Cole Haan, Calvin Klein, Fabletics, Vans, ASICS, Journeys, Columbia, The North Face, Lids, LUSH, Soft Surroundings, and many more. |  | Seed | Dec 05, 2016 |  |
| Thirdshelf | Spend-based rewards, complex loyalty rules, scheduled email offers, automated retention, customer segmentation, and straightforward reporting are all features of thirdshelf. The offerings Customers gain points based on the amount they spend, and they can accelerate or prevent earning based on product, brand, or customer type, and they can sendtimely and targeted email promos to the customers. | $800K | Seed | Apr 19, 2016 |  |
| Wirkn | Wirkn is the largest end-to-end mobile, chat and video based employment marketplace - connecting millennials with shift-based work. Wirkn uses artificial intelligence to better match candidates to jobs, and employers to better candidates. With the Wirkn platform, candidates can discover and apply to jobs via dynamic videos that allowcandidates to showcase their personal brand to prospective employers. Store managers will have access to a pool of qualified candidates on demand, within the palm of their hand to fill new roles and address seasonal demand. Not only to we help get more activates working, but we offer payday advances to help facilitate greater financial liquidity. Wirkn is aimed at youth, targeting the retail and hospitality industry which represents more than 15.4 million employees in North America where at least 70% of all retail jobs are part-time. |  | Seed | Feb 01, 2016 |  |
| Fiska | Fiska is a fintech form offering an integrated commerce platform to payment service providers. | $573K | Seed | Jan 15, 2016 |  |

10 of 12 investments shown.

## Co-investors
- [Runway Venture Partners](https://shizune.co/investors/profile/runway-venture-partners) — VC Fund, 3 deals together
- [Inovia Capital](https://shizune.co/investors/profile/inovia-capital) — VC Fund, 2 deals together
- [LaunchCapital](https://shizune.co/investors/profile/launchcapital) — VC Fund, 2 deals together
- [Spider Capital](https://shizune.co/investors/profile/spider-capital-partners) — VC Fund, 2 deals together
- [Desjardins-Innovatech](https://shizune.co/investors/profile/desjardins-innovatech) — VC Fund, 1 deal together
- [Desjardins Venture Capital](https://shizune.co/investors/profile/desjardins-venture-capital) — VC Fund, 1 deal together

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## FAQ

### What does Otimo Retail invest in?

Otimo Retail invests primarily in Software, Retail Technology and Retail startups, most often at Seed and Series A stage. Most of the 12 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Otimo Retail's check size?

Otimo Retail typically joins rounds of $573k–$800k at Seed and $3.1M–$8.5M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Otimo Retail participates in.

### How do I contact Otimo Retail?

Public channels for Otimo Retail include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Otimo Retail?

The team at Otimo Retail includes David Henning (Partner), Howard Stotland (President) and Matthew Stotland (Partner). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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