September 24, 2016 6:21 PM ET

Electronic Equipment, Instruments and Components

Company Overview of ShopKeep.com Inc.

Company Overview

ShopKeep.com Inc. provides point of sale hardware, cloud-based software, and analytics and payment processing for small and medium-sized businesses (SMBs). It offers card readers, receipt printers and cash drawer, label printers and bluetooth scanners, and remote printers. The company provides cloud-based point of sale system that runs on an iPad for point-to-point encryption in the credit card reader with EMV and NFC for Apple Pay capability; inventory management, employee management, and customer tracking; reporting and analytics for small businesses based on readily available consumer technology; marketing dashboard to track acquisition efforts and view traditional and social engagement o...

143 Varick Street

New York, NY 10013

United States

Founded in 2008

Phone:

212-481-8686

Fax:

646-349-2782

Key Executives for ShopKeep.com Inc.

Chief Executive Officer and President
Co-Founder and Chief Strategy Officer
Chief Financial Officer
Age: 52
Senior Vice President
Senior Vice President of Product Management
Compensation as of Fiscal Year 2016.

ShopKeep.com Inc. Key Developments

ShopKeep Appoints Mike Sommers as the New Senior Vice President of Product Management

ShopKeep announced the appointment of Mike Sommers as the company’s new Senior Vice President of Product Management. Reporting to CEO Michael DeSimone, Sommers will lead expansion of the features and capabilities of the company's point-of-sale system. Sommer’s appointment reflects an increased focus on providing enhanced POS solutions for the company's three verticals: retail, quick-service and full service restaurants. Sommers has more than 21 years of experience working within the online software space. Most recently, Sommers served as Senior Vice President of Product at Beatport, the leading online distributor of electronic music, where he led the company’s transition to a consumer-facing platform following its acquisition by SFX Entertainment.

ShopKeep Announces Executive Changes, Effective Jan. 1, 2016

Effective Jan. 1, 2016, ShopKeep announced that President and CEO, Norm Merritt, will be stepping down as head of the company for personal reasons. Michael DeSimone, who was formerly CEO of Borderfree will serve as ShopKeep’s acting CEO.

ShopKeep Appoints Michael Desimone as New Chief Operating Officer

ShopKeep announced the appointment of Michael DeSimone as the company's new Chief Operating Officer effective on November 2nd, 2015. The former Borderfree CEO will report to ShopKeep President and CEO Norm Merritt and will oversee the company’s day to day operations and strategic planning as ShopKeep continues to scale its business. DeSimone's appointment comes on the heels of two other additions to ShopKeeps executive team, John Baule as CFO and Andrew Gorrin as CMO -- and signals the company’s continued growth and momentum as it heads towards a future IPO. DeSimone has more than 25 years of experience working within the financial services and technology industry. As CEO and President of Borderfree, he was responsible for the overall strategic direction of the company and successfully led their transformation from an online currency conversion service, to a provider of global ecommerce solutions for major retailers, including Williams Sonoma and J Crew.

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