# Corevist

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/corevist

- Industry: Software
- Headquarters: Raleigh, US
- Website: www.corevist.com
- Total disclosed funding: $6.8M
- Latest round: Series B (May 3, 2022)
- Investors on record: 3

## About

Corevist, Inc. offers a specialized Software as a Service (SaaS) platform that enhances B2B eCommerce through seamless integration with SAP ERP systems, promoting efficient sales processes for manufacturers and distributors.Founded in 2008 in Raleigh, US, Corevist, Inc. focuses on providing a comprehensive eCommerce solution that integrates with SAP systems. The company has not undergone significant strategic pivots or operational changes. Corevist was founded by Sam Bayer, who has a history of entrepreneurship. The latest funding round, a Series B, raised USD 4.000 mn on May 3, 2022, led by Jurassic Capital with participation from Hallstatt Advisors and Recurring Capital Partners. This round represents the total amount raised by the company to date.Corevist, Inc. specializes in a robust SaaS platform tailored for B2B eCommerce, integrating seamlessly with SAP ERP systems. Their offerings include real-time inventory management, online product catalogs, order tracking, online ordering, and payment processing, specifically catering to industries like automotive, industrial manufacturing, pharmaceuticals, and consumer products. Corevist serves a diverse client base, including companies such as Oregon Tool and Nordson, facilitating billions in processed revenue since its inception. The company's products are marketed across North America, LATAM, EMEA, and Asia, addressing a wide range of manufacturing and distribution needs.Corevist generates revenue through a subscription-based model, where clients pay for access to its integrated eCommerce platform. This model streamlines B2B transactions, allowing manufacturers and distributors to improve their ordering processes and reduce operational costs. Clients choose from various subscription tiers that align with their operational requirements, ensuring support and integration with their SAP systems. Key to this model is the Corevist Commerce platform, which facilitates real-time data exchanges for effective order management, enabling significant transaction volumes across multiple sectors.Corevist aims to utilize the USD 4.000 mn raised in Series B funding in May 2022 to support its geographic and operational expansion. The company plans to introduce new product features and expand into untapped markets, although specific markets and timelines have yet to be disclosed. The recent investment will bolster the development of these initiatives, reinforcing the company's commitment to enhancing its service offerings and market reach.

## Funding rounds

- Series B, May 3, 2022, $4M — Recurring Capital Partners, Jurassic Capital, Hallstatt Advisors
- Series A, Mar 1, 2020, $2.8M — Jurassic Capital

## Investors

- Jurassic Capital (https://capitalatlas.ai/funds/jurassic-capital) — Series A, Series B
- Recurring Capital Partners (https://capitalatlas.ai/funds/recurring-capital-partners) — Series B
- Hallstatt Advisors — Series B