Katana, the Tallinn-based cloud-native inventory management platform for SMBs, has raised a €14 million extension to its Series B round, led by Cogito Capital Partners and joined by Benchmark’s Peter Fenton. The company, trusted by over 1,500 businesses across 70 countries, has tripled revenue since its 2022 Series B and will use the new funding to accelerate global expansion and enhance its AI-driven inventory, production, and order management tools. Existing investors Northzone, Atomico, 42CAP and Lightrock also participated, underscoring confidence in Katana’s vision to redefine the ERP stack for product-based SMBs worldwide.
Katana provides a cloud-native platform for inventory, production, and order management, primarily serving small and medium-sized businesses that sell physical products. The platform integrates with ecommerce, accounting, and shipping systems to give users real-time visibility into their operations. Founded in Estonia, Katana supports over 1,500 businesses across 70 countries and handles a wide range of industries, focusing on streamlining workflows and operational efficiency for growing SMBs.
Kristjan Vilosius, Founder & co-CEO of Katana, said: “We’re thrilled to have Cogito lead this round. They’ve shown conviction in our vision from the very first conversations, bringing not just capital but a deep understanding of the ERP space. Their support is invaluable as we navigate this next chapter. And with Kate Greer and Peter Fenton joining as investors, we gain the guidance of one of the most respected venture partners in the world. Together, this combination gives Katana both the steady hand and the rocket fuel to accelerate our mission of redefining the ERP stack for product-based SMBs worldwide.”
The new funding will support Katana’s continued global expansion, further development of its AI-driven tools, and growth of its integrations marketplace. Cogito Capital and Peter Fenton bring not only capital but strategic guidance as Katana aims to strengthen its position in the competitive SMB ERP space.
Sylwester Janik, Partner at Cogito Capital Partners, added: “Katana has all the hallmarks of a category leader: a product that customers love, a world-class team, and a clear vision for how to redefine ERP for product-based SMBs in the age of AI. We are proud to lead this round and to support Kristjan and the team as they continue to scale globally. With Peter Fenton joining as an investor, Katana gains not only additional capital but also one of the strongest strategic voices in venture capital. We believe this combination puts Katana on a trajectory to become the standard for SMB inventory and order management worldwide.”
Read the orginal article: https://arcticstartup.com/katana-raises-e14-million-series-b/
