Corevist, Inc., a Raleigh, N.C.-based provider of eCommerce integrated to SAP ERP, closed an initial round of $2.8M in Series A funding.
Durham-based Jurassic Capital made the investment.
The company intends to use the funds to accelerate its growth, which has averaged 30% per year over 12 years with no outside funding.
Led by Dr. Sam Bayer, Founder and CEO, Corevist offers SAP-integrated eCommerce solutions for manufacturers in all verticals. The company, which has clients in the US, UK, EU, Canada, Africa, and Asia, has built its solutions on a direct integration to SAP ERP. This ensures that manufacturers offer their dealers and distributors accurate contract pricing, inventory availability, and more, directly from SAP. The company’s cloud-based eCommerce solution processes over $1 billion in annual transactions on behalf of global manufacturers.
FinSMEs
06/03/2020