202423 Apr

Closes $1.7 Million Pre-Seed Round, Focused on Revolutionizing B2B Returns Management

Summary

Chicago, IL, April 23, 2024 Continuum, a pioneering technology firm specializing in digital networks for B2B distributors and manufacturers, announces the successful closure of an oversubscribed $1.7 million pre-seed funding round. This financial milestone marks a significant commitment to enhancing digital transformation beyond traditional ecommerce.Weve seen firsthand the rapid advance in customer experience and efficiency for consumer reverse logistics, and we returned to a similar but more complicated problem on the B2B side, said Victor Gutwein, Managing Partner at M25. When you add the teams deep industry knowledge, network and backgrounds with legacy ERP systems, it becomes clear that this warranted an investment.The funding round led by M25, a Chicago-based venture capital firm known for its strategic investments in Midwest headquartered tech startups, will enable Continuum to further enhance its platform capabilities and the continued development of a revolutionary B2B returns, warranties and repairs management network. Rex Salisburys Cambrian and Clocktower Ventures also participated in the round.M25 understands the gap that distributors and manufacturers have when it comes to reverse logistics, returns and warranties processing, said Alex Witcpalek, Founder and CEO of Continuum. This investment will help Continuum expand digital transformation for B2B distributors and manufacturers beyond ecommerce.About ContinuumContinuum is at the forefront of redefining returns, warranties and repairs management through AI-powered technology.

Source: Gocontinuum

Funding

$1.7M
Amount
Apr 23 2024
Date
-
Investor
Continuum
Company

Classifications

Companies