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Katana, An Erp For Smb Manufacturers, Raises $34M

Katana, An Erp For Smb Manufacturers, Raises $34M

10/13/22, 12:00 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/EE.svgestonia
Money raised
$34 million
Industry
software
manufacturing
e commerce
Katana, an enterprise resource planning (ERP) platform for small and medium-sized manufacturers, has raised €35 million ($34 million) in a Series B round of funding.

Company Info

Company
Katana
Location
estonia
Additional Info
Katana had previously raised around $16 million, the bulk of which arrived via its Series A round last year, and in the intervening months the company claims to have quadrupled its annual recurring revenue (ARR), grown its headcount from 30 to 140, and scaled its customer base from “hundreds of micro-businesses to thousands of customers in the SMB segment,” according to Vilosius. On top of that, the company launched an open API for customers to build their own integrations. With another $34 million in the bank, the company said that it’s well-financed to “bring manufacturing software into the digital era,” which will include rolling out “more advanced accounting integrations,” the company said. Founded out of Tallinn, Estonia, in 2017, Katana is an ERP for the manufacturing sector, with pre-built integrations for many of the most common tools that a manufacturer might use, including ecommerce platforms (e.g. Shopify and WooCommerce), accounting (e.g. QuickBooks and Xero), shipping, forecasting, CRM, and more. Katana: Inventory overview Image Credits: KatanaEnd of ‘made in China’ eraA big driving force behind demand for such software is direct-to-consumer (D2C) manufacturing, which has seen smaller, local manufacturers — or “micro-manufacturers” — remove many of the intermediaries that were traditionally necessary to get their products made.

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