6 years ago
Systum Raises $10.7 Million to Scale its Digital Operating Platform for SMBs
Systum, a provider of a digital operating platform for small to medium-sized businesses, has raised $10.7 million in its latest round of funding led by London-based venture capital firm Octopus Ventures
The investment will be used to support the company's growth and expansion, as it looks to provide innovative solutions to its clients in the wholesale distribution sector.
ProblemTechnology
"SMBs in the wholesale distribution sector struggle to manage their operations efficiently due to using multiple software applications for different functions, leading to inefficiencies and hindering growth."
Solution
"Systum provides a single platform that integrates various business operations such as inventory and order management, marketing, CRM, and digital commerce, simplifying operations and enabling seamless integration with accounting software like QuickBooks and Xero."