Estonian startup Katana has raised a €14 million Series B extension, led by Cogito Capital Partners with Benchmark’s Peter Fenton. The company´s solution, trusted by over 1,500 SMBs across 70 countries, helps product-based businesses gain real-time visibility into inventory, production, and order management.
Katana is cloud-native Inventory Management Platform built for SMBs (small and medium-sized businesses) that sell physical products. With native integrations to ecommerce, accounting, and shipping platforms, Katana gives entrepreneurs a real-time view of their business and the tools to scale.
“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.”
Kritjan Vilosius, Founder & co-CEO of Katana
The round is led by Cogito Capital Partners, with participation from Fenton/Greer Family Trust, owned by Peter Fenton and Kate Greer and existing shareholders: Northzone, Atomico, 42Cap, and Lightrock. Katana has tripled revenue since its Series B in 2022 and, with the newly added funding, has raised its total funding to more than €60 million.
The company continues to expand globally, supported by its modern AI-driven tech stack and an expanding integrations marketplace.
Cogito backs Katana’s vision to redefine ERP
“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 (enterprise eesource planning) space. Their support is invaluable as we navigate this next chapter,” said Kristjan Vilosius, Founder & co-CEO of Katana.
“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,” added Vilosius.
Founded in Tallinn, Estonia, and with over $3B in gross merchandise value processed annually, the company is trusted by 75 industries.
Katana gains capital to lead SMB inventory
“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,” said Sylwester Janik, Partner at Cogito Capital Partners.
“With Peter Fenton joining as an investor, Katana gains not only additional capital but also one of the strongest strategic voices in venture capital.”
Sylwester Janik, Partner at Cogito Capital Partners
“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,” noted Janik.
Cogito Capital Partners is a venture capital firm based in Warsaw and New York, investing in later-stage and early-growth B2B tech companies with a particular focus on companies with a Central European footprint and global expansion potential. Peter Fenton is a General Partner at Benchmark, widely recognized as one of Silicon Valley’s most influential venture capitalists. He has been named to the Forbes Midas List multiple times for his investments in iconic companies including Twitter, Yelp, New Relic, Elastic, Docker, and Airtable.
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