Katana raises $11M Series A to be the SaaS powering ‘manufacturing entrepreneurs’ –

Funding Rounds

Summary

Katana, an Estonian startup that has built manufacturing-specific enterprise resource planning (ERP) software for SMBs, has raised $11 million in Series A funding. The startup is also playing into macro trends, such as the advent of online marketplaces and D2C e-commerce, that are resulting in an explosion of independent makers, spanning cosmetics to home décor, electronics to apparel, and food and beverages. “We are seeing a global renaissance of small manufacturing driven by the rise of e-commerce tools and consumer demand for bespoke products produced locally,” says Vilosius. It also offers an API and integrations with popular e-commerce sales channels and accounting tools such as Shopify, Amazon, WooCommerce, QuickBooks, Xero and others. Cue statement from Atomico partner Ben Blume, who joins the Katana board: “Atomico has always believed in the strength of Estonian-built engineering and product, and as we got to know the team at Katana, we saw a familiar pattern: a relentlessly product-focussed team with the incredible ability to build and think from their customer’s point of view, and an unwavering belief that a new generation of manufacturers with big ideas shouldn’t have to settle for less than world-class technology to support them.”

$ Funding

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Amount $11.0M Total raised
Date February 23, 2021 Announcement date
Investors - Lead investors
Company http://www.katanamrp.com Funded company

Classifications

industries
Manufacturing Industry
applications
ERP & Process Management

AskAI Classifications

Labels
Manufacturing ERP Software Inventory Management Software Production Management Software

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