Inventorum provides an iPad POS system for small retailers, supporting cash management, customer management, accounting and inventory management. The system offers real-time inventory analysis, an integrated online store and connections to Internet marketplaces such as eBay. Led by CEO Christoph Brem, the company aims to streamline retail operations through its software and integrations. Inventorum completed a €4m Series A financing. Backers included High‑Tech Gründerfonds, Vogel Ventures and Dr. Max Iann. The company intends to use the funds to further expand its sales and product development efforts. Inventorum, founded in 2012 and based in Berlin, provides a Software as a Service digital point-of-sale solution for local retailers. The platform is a multi-channel solution that offers tools to simultaneously manage stores on- and offline and is optimized for mobile devices. Its system combines cash management, inventory management, customer support and e-commerce capability in one product. The company’s management team includes Managing Director Christoph Brem, CTO Andreas Balke, Director Strategic Development Sarah Syed, and Chief Product Officer Ferry Hötzel. According to FinSMEs, Inventorum closed its second seed financing in October 2013, with the amount undisclosed. Backers in the round included High‑Tech Gründerfonds, Klingel New Media, Vogel Ventures and MCB Salt.

Total raised

$5M

Funding rounds

2

Latest round

Series A

Latest activity

Oct 2014