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Systum

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Provider of a cloud-based, digital operating platform for small to medium-sized businesses

Plano, United StatesFounded 2015Marketing
Valuation $25–50M Last recorded · 2019
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Systum and the history behind them.

About Systum

Systum, established in 2015 by founder Dean Mansfield, was a cloud-based software platform targeting the wholesale distribution sector. Mansfield, who previously held presidential roles at both SAP and NetSuite, brought extensive enterprise software experience to the venture, aiming to provide an 'Enterprise Class' operational capability to small and medium-sized businesses (SMBs). His background highlights a deep understanding of the challenges faced by businesses in scaling their operations, which directly informed Systum's product strategy.

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The company's core offering was an integrated platform designed to unify disparate business functions into a single application. It catered specifically to small to mid-sized wholesale distributors, retailers, and e-commerce businesses seeking to streamline their operations. Systum's business model focused on providing a comprehensive solution that combined inventory and order management, customer relationship management (CRM), marketing, and B2B e-commerce functionalities. This consolidation aimed to break down data silos within an organization, offering a single, real-time view of the business to facilitate better decision-making.

The platform's features included real-time inventory tracking, multi-channel sales integration, order management, and detailed analytics. It also offered integrations with major shipping carriers like USPS, FedEx, and UPS, as well as accounting software such as QuickBooks and Xero, to automate and connect the entire workflow from lead to invoice. A key benefit was the ability to manage all customer-facing activities from one central hub, enhancing efficiency and customer service. Ultimately, the company positioned itself as a solution for SMBs to compete with larger players by offering seamless, customer-centric digital experiences. Systum secured $18.2 million in funding over two rounds but was later reported to have been placed into liquidation. Keywords: wholesale distribution software, B2B eCommerce platform, integrated business software, inventory management system, order management solution, small business ERP, mid-size business software, Dean Mansfield, cloud-based distribution, CRM for wholesale, e-commerce automation, multi-channel sales, lead to invoice, real-time business data, retail operations software, Systum Inc, Underscore VC, Octopus Ventures, NetSuite alumni, SAP alumni

Source: Dealroom company data

At a glance

Status
Operational
Founded
2015
Headquarters
Plano, United States
Employees
8
Open positions
None listed
Dealroom signal
30.7/100
Sub-industry
CRM & Sales
Sector
Marketing, Wholesale, Mobility, Analytics, SaaS, Cloud Computing, CRM, Reporting, Inventory Management, Order Management, Warehousing, Platform, SME
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BOther financing Jun 2019 $10M $41M Octopus Ventures —
SERIES AOther financing Jun 2018 $7.5M $30M Underscore VC · Hearst Ventures —
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Growth signals

Systum website traffic

Latest recorded traffic for Systum is 1.6K monthly website visits, up 247.8% over the last three months. Systum's team declined 20% over the past year.

Latest monthly visits1.6K 3-month web change+247.8% 1-year team growth-20%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇻🇳 Vietnam75%
🇺🇸 United States25%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Systum on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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