MarginPoint Adds New CTO Amid Strong Company Growth

By July 10, 2018

Laguna Hills, CA, July 10, 2018 – MarginPoint, a leading provider of mobile-enabled, inventory and supply replenishment solutions for distributors and their service contractor customers, announced today the appointment of Soheil Raissi as its new Chief Technology Officer.

As CTO, Raissi will lead MarginPoint’s product management and development teams, scale the infrastructure and drive execution of the product roadmap. Previously the Chief Technology Strategist for MAPTICS, Raissi served a broad range of industries, including life sciences, pharmaceutical, financial services, automotive and supply chain.

“We are thrilled to have Soheil join our team.  He has built multiple native SaaS applications including an FDA-compliant platform for tracking and tracing prescription drugs, an online trading platform, and an online rating and review system,” said Vince Sheeran, MarginPoint CEO. “He also designed and built the biopharma industry’s first mobile drug dispensing application.”

Raissi’s appointment comes during a surge in growth for MarginPoint, as it ramps up resources to meet the increasing demand for the MarginPoint Mobile Inventory solution. MarginPoint’s employee count has grown 175% over the past year, and more than 600 companies currently rely on MarginPoint solutions every day to manage their inventory replenishment, optimize business processes, and drive revenue.

“I am excited to join the executive team at MarginPoint,” Raissi said. “MarginPoint’s innovative Mobile Inventory management solutions have been helping distributors and service contractors streamline and automate their businesses.  As I take on the role of Chief Technology Officer, I look forward to the exciting times ahead building new software to complete the company’s vision of providing the first comprehensive software platform for service contractors and the distributors that supply material to them. The plumbing, HVAC, electrical and facilities contractors have been under served by the software industry and we are changing that!”

 

About MarginPoint

MarginPoint is a leading provider of mobile-enabled, collaborative inventory management solutions for distributors, suppliers, and their customers. More than 500 companies currently rely on MarginPoint solutions every day to manage their inventory replenishment, optimize business processes, and drive revenue. The company’s cloud-based delivery model enables customers to rapidly deploy the solution without any significant upfront investment, connect to their suppliers and begin reducing the cumbersome processes and expenses associated with optimizing their material inventory. For more information, please contact us at info@marginpoint.com or visit http://www.marginpoint.com.

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