Systum provides a cloud-based digital operating platform for small and medium-sized wholesale distribution businesses. The platform consolidates inventory and order management, marketing, CRM and digital commerce into a single system that the company says delivers 'Enterprise Class' operational capability. Because all transaction and customer data are centralized, business owners have access to real-time business intelligence populated to a central CEO dashboard. Led by CEO Dean Mansfield, Systum targets wholesale distribution SMBs with this consolidated operations stack. The company will use the funds to add new functionality to its software and to expand its sales and marketing efforts. Systum raised $10.7M in funding in the reported round. Systum provides a cloud-based digital operating platform that enables SMBs to run their entire eCommerce and wholesale distribution business. The platform integrates inventory and order management, sales and finance data into a single dashboard. It also functions as a CRM and CMS so SMBs can manage and serve every customer across channels without multiple siloed applications. The company is led by Dean Mansfield, President & CEO. Systum raised $7.5M in a Series A and plans to use the funding to expand its sales and marketing efforts. The product aims to replace disparate tools with a unified operating system for SMB commerce.

Total raised

$18M

Funding rounds

2

Latest round

Equity

Latest activity

Aug 2019