# Deskera

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/deskera

- Industry: Software
- Headquarters: Boston, US
- Website: www.deskera.com
- Total disclosed funding: $35M
- Latest round: Series A (Dec 7, 2018)
- Investors on record: 5

## About

Deskera provides a comprehensive suite of integrated business software solutions aimed at enhancing operational efficiency for mid-market businesses across various sectors, including manufacturing, retail, and services.Founded in 2008 in Boston, US, Deskera specializes in business management software. The company has undergone a strategic focus on offering ERP, CRM, and HRM solutions. Paritosh Mahana founded the company, which has attracted attention from investors, culminating in a Series B funding round on July 8, 2024, led by Naver Corp. The company has successfully raised a total of USD 14.995 mn, with a current valuation of USD 312.031 mn.Deskera offers a robust suite of business software solutions, including Enterprise Resource Planning (ERP), Manufacturing Resource Planning (MRP), Customer Relationship Management (CRM), Payroll, and Human Resource Management Systems (HRMS). These products are designed to streamline various business operations such as accounting, inventory management, order fulfillment, procurement, and human resources. They cater to industries such as manufacturing, retail, and services, serving clients primarily in North America, Europe, and the Asia-Pacific region.Deskera generates revenue through a subscription-based model, offering tiered pricing plans that accommodate different business sizes and needs. Clients engage in annual or monthly subscriptions for software access, which varies in features and user licenses according to specific requirements. The revenue model is further supported by additional services like implementation support and training, fostering long-term client relationships.Following the recent Series B funding round led by Naver Corp., Deskera plans to enhance its product offerings and expand into new markets. The company aims to introduce additional features to its existing software solutions and explore geographic expansion into Europe and Asia-Pacific by mid-2025. The funding will support these initiatives, enabling Deskera to enhance its technology and reach a wider client base.

## Funding rounds

- Series A, Dec 7, 2018, $35M — Tembusu Partners, Susquehanna International Group, Jungle Ventures, Cisco Investments, InnoVen Capital

## Investors

- Tembusu Partners (https://capitalatlas.ai/funds/tembusu-partners) — Series A
- Susquehanna International Group — Series A
- Jungle Ventures (https://capitalatlas.ai/funds/jungle-ventures) — Series A
- Cisco Investments (https://capitalatlas.ai/funds/cisco-investments) — Series A
- InnoVen Capital — Series A