Tech Company Financing Transactions

Systum Funding Round

On 8/15/2019, Systum landed $10.7 million in funding from Octopus Ventures and private investors.

Transaction Overview

Company Name
Announced On
8/15/2019
Transaction Type
Venture Equity
Amount
$10,700,000
Round
Undisclosed
Investors

Octopus Ventures (Lead Investor) (Zihao Xu)

Proceeds Purpose
The company will use the funding to add new functionality to its cloud-based software, and to expand its sales and marketing efforts.

Company Information

Company Status
Private & Independent
Industry
ECommerce
Mailing Address
6900 North Dallas Pkwy.
Plano, TX 75024
USA
Email Address
Overview
Systum's mission is to deliver an operating platform for small and medium businesses (SMBs) that solves the top issues SMB owners face every day. We replace most of your existing software with a powerful, single software platform, removing cost and delivering the real-time information you need for success and growth.
Profile
Systum LinkedIn Company Profile
Social Media
Systum Company Twitter Account
Company News
Systum News
Facebook
Systum on Facebook
YouTube
Systum on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Dean Mansfield
  Dean Mansfield LinkedIn Profile  Dean Mansfield Twitter Account  Dean Mansfield News  Dean Mansfield on Facebook


 

 

Browse more venture capital transactions:

Prev: 8/15/2019: CloudCheckr venture capital transaction
Next: 8/15/2019: Flaviar venture capital transaction

 

Share this article

 


Where The Data Comes From

We do our best to report on all VC transactions involving tech companies. VC transactions on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary