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
Plano, TX 75024
USA
Phone
Website
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.
Management Team
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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.
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