S
Systum
Provider of a cloud-based, digital operating platform for small to medium-sized businesses
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
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
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BOther financing | Jun 2019 | $10M | $41M | Octopus Ventures | — |
| SERIES AOther financing | Jun 2018 | $7.5M | $30M | Underscore VC · Hearst Ventures | — |
Growth signals
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.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A3 investors entered at this stage
Underscore VC
Hearst Ventures
Octopus Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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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