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Solution 54 diamond 2

Solution54

Retail Inventory Sharing Network

  • Stage Full Product Ready
  • Industry Internet / Web Services
  • Location Scottsdale, AZ, US
  • Currency USD
  • Founded January 2012
  • Employees 6
  • Website solution54.com

Company Summary

Solution54 has identified and patented a new supply-chain method which brings peer-to-peer transactions to retail. Our SaaS platform connects separately owned shops to help them pool inventory and increase sales without violating dealer agreements or de-valuing products. This maintains brand integrity and is in compliance with vendor agreements. We launched in outdoor sports, however our software isn’t industry specific.

Team

  • Ralph has extensive experience in Management Information Systems with IBM and has worked with multiple governmental agencies on data storage solutions. His R&D efforts have helped several companies achieve revenues in the hundreds of millions. He is an Adjunct Professor of Management and Entrepreneurship for two noted schools of business in CO, and holds management positions/Board of Directors tenure in multiple firms including two start-ups.

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    Founder/CEO

    Kyle began his retail career as part owner of one of the oldest and most respected snowboard shops in the world – Colorado Boarder in Crested Butte, CO. Before profitably selling the store in the late 90’s he saw firsthand the challenges of inventory control that retailers face, particularly in terms of turning a profit without violating vender/dealer agreements. He envisioned Solution54 to help retailers compete within their vendor agreements.

  • Cc4ac159 410a 46a8 8ae4 c6f1e896f8ab
    Marketing/Business Deveopment

    Carey spent over ten years in the banking industry consulting with director groups about the process of forming new banks. Having formed multiple banks she is proficient in all phases of the startup process including business and marketing strategies. Carey is an accomplished writer, responsible for most of Solution54's content development. In addition to banks she has assisted in the development in several retail and non-profit businesses.

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    Director of North American Sales

    Ken was instrumental in the growth of the Colorado Boarder throughout the 90’s before taking his career to Southern California where he was a top sales rep and won multiple awards with several outdoor sports manufacturers. He advanced to the very top of a major global snowboard manufacturer connected to the highest level athletes and executives in the Snow, Surf, and Skate industries prior to joining Solution54.

  • Hugh is a small business owner credited with building his appraisal firm from a one man operation into a small enterprise prior to joining Solution54. He played a major roll in the development and build out of the Solution54 system and continues to oversee its operations as a growth and development specialist. He has strong ties to the outdoor industry in both surfing and fishing.

Advisors

  • Default avatar
    Jason Link & Wil Joyner– Kilpatrick,Townsend, & Stockton, LLP
    Lawyer
    Unconfirmed
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    Edward Howard – Corporate Accountant
    Accountant
    Unconfirmed
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    Ralph Butts
    IT Advisor
    Unconfirmed
  • Photo
    Partner, Tallwave Venture Capital
    Randall 2c 20jesse
    Director of Operations, Tallwave Venture Capital

Previous Investors

  • Default avatar
    All management as well as a select group of friends and family have invested thus far.
    Unconfirmed