Kenandy

Business Support ServicesSeries BRedwood City, USkenandy.com

Latest round

Series B

Last raised

Feb 2016

Total raised

$57M

Investors

5

About Kenandy

Kenandy Inc.Founded in 2010 and headquartered in Redwood City, California, Kenandy Inc. specializes in Cloud ERP solutions for manufacturers.com.Kenandy, a Rootstock Software Company, offers a comprehensive Cloud ERP solution specifically designed for the manufacturing sector. Their core product enables businesses to unify their Enterprise Resource Planning (ERP) and Enterprise Quality Management System (EQMS) on a single platform, facilitating seamless operations across various business functions. The software features 150 Business Ready Objects that streamline processes such as order-to-cash, manufacturing, supply chain management, global financials, and distribution. By optimizing these areas, Kenandy's ERP solution aims to enhance operational efficiency and improve customer satisfaction.Kenandy's revenue model is primarily based on a subscription framework for its Cloud ERP services, which includes various pricing tiers to accommodate different business needs. Clients typically engage in annual subscriptions, granting them access to the robust functionalities of Kenandy's software, which includes critical modules for managing manufacturing, supply chain, and financial operations. The transactions are structured as B2B partnerships, wherein manufacturers subscribe to the service to enhance their operational capabilities. While specific pricing details for individual products and services are not disclosed, clients benefit from the flexibility of a solution that is designed to scale alongside their business growth.Following its acquisition in January 2018, Kenandy is focused on expanding the capabilities of its Cloud ERP solution and exploring new market opportunities. The company aims to launch additional products tailored for advanced manufacturing processes, with specific features set for release in 2023. Kenandy plans to broaden its reach into emerging markets in Asia and South America by 2024, leveraging the resources and expertise of Rootstock Software to enhance its global footprint.

Who invested in Kenandy

5 investors across 3 rounds

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Funding rounds

  1. Series B

    Feb 2, 2016

    Amount

    $13M

    Investors

    Locked

  2. Series B

    Jun 10, 2013

    Amount

    $33M

    Investors

    Locked

  3. Series A

    Aug 29, 2011

    Amount

    $11M

    Investors

    Locked

Questions about Kenandy

Who invested in Kenandy?

Kenandy has 5 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Kenandy raised?

Kenandy has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Kenandy last raise money?

Kenandy's most recent round on record is a Series B, in Feb 2016.

What does Kenandy do?

Kenandy is a business support services company.

Where is Kenandy headquartered?

Kenandy is headquartered in Redwood City, US.

Which VCs invest in companies like Kenandy?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back business support services companies at Kenandy's stage. Their profiles are linked below.

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