HomeUKSamsonVT Raises $5.1M in Seed Funding

SamsonVT Raises $5.1M in Seed Funding

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L- R: Ed Brunyee, CFO and co-founder, SamsonVT, Sam Burgess, CEO and co-founder, SamsonVT

SamsonVT, a Manchester, England, UK-based technology startup digitizing aftermarket servicing and order fulfillment, raised $5.1M in seed funding.

The round was led by Par Equity, with participation from US-based Blumberg Capital.

The funding will be used to support the company’s global growth strategy, which includes plans to develop new and existing products, enhance customer service and scale production they expand into new territories.

Co-founded by Sam Burgess and Ed Brunyee in 2017, SamsonVT has developed Industry 4.0 solutions that are transforming product maintenance and after sales, a $400B market. SamsonCORE replaces paper-based technical manuals and parts catalogues with 3D models. Hosted on an interactive digital platform, SamsonCORE can also connect engineers with the wider supply chain to improve order fulfilment rates.

Its client base includes global businesses Lotus, RS Components and Norton Motorcycles.

FinSMEs

27/01/2022

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