Katana has secured a €14 million extension of its Series B funding round, led by Cogito Capital Partners, enhancing its position as a leading cloud-native inventory management platform for SMBs.
Information on the Target
Katana, headquartered in Tallinn, Estonia, is a cloud-native inventory management platform designed specifically for small and medium-sized businesses (SMBs) that sell physical products across various channels. Recently, the company announced a €14 million extension of its Series B funding round, leading to a total funding exceeding €60 million. Since its last Series B in 2022, Katana has impressively tripled its revenue, evidencing its strong market position and demand for its services. The platform is currently utilized by over 1,500 SMBs in 70 countries, empowering businesses with real-time visibility into their inventory, production, and order management processes.
Katana's robust platform features a modern, AI-driven technology stack and benefits from an ever-expanding marketplace for integrations. This positions the company as a transformative player in the world of enterprise resource planning (ERP) for product-based SMBs, addressing the needs of modern entrepreneurs with innovative solutions.
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Industry Overview in Estonia
The technology sector in Estonia is rapidly evolving, supported by a thriving startup ecosystem fostered by government initiatives and a strong emphasis on digital innovation. Estonia is recognized for its lead in digital solutions and has cult
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Disclosed details
Transaction Size: $14M