# Ketera

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

- Industry: Software
- Headquarters: San Jose, US
- Website: www.ketera.com
- Total disclosed funding: $34M
- Latest round: Series E (Jan 2, 2007)
- Investors on record: 11

## About

Ketera is a procurement technology company that enhances operational efficiency by streamlining procurement processes for businesses through its innovative solutions and robust platform.Founded in 2000, Ketera operates from its headquarters in San Jose, US, focusing on procurement management solutions. The company was acquired by Rearden Commerce in December 2010. Notable for its nine deals, Ketera has raised a total of USD 4.00 mn through its latest funding round, Series E, with investors such as Concentric Equity Partners and Kleiner Perkins. The company's current valuation stands at USD 55.777 mn.Ketera specializes in providing innovative solutions that enhance operational efficiency and streamline procurement processes for businesses across various industries. Their core offerings include a robust procurement management platform designed to optimize supplier relationships, facilitate seamless purchasing, and improve overall spend management. The platform caters to a diverse client base, which includes large enterprises and mid-sized companies seeking to enhance their procurement capabilities. Key functionalities address challenges such as cost control, supplier performance tracking, and compliance management, empowering users to make data-driven purchasing decisions. Ketera's services are marketed primarily in North America and Europe, focusing on sectors such as manufacturing, healthcare, and retail, where effective procurement strategies are critical to operational success.Ketera generates revenue through a subscription-based model, where clients pay for access to their comprehensive procurement management platform. The pricing structure is typically tiered, allowing organizations to choose a plan that aligns with their operational needs and scale. For instance, larger enterprises may opt for premium packages that include advanced features such as analytics and enhanced support services, while smaller clients might select basic plans focusing on essential procurement functions. Revenue is derived from both direct-to-consumer sales and partnerships with B2B organizations, allowing the company to expand its reach within the market. Notable service offerings contribute significantly to their revenue stream, reinforcing Ketera's position in procurement solutions.Ketera's strategic growth plan focuses on expanding its market reach and enhancing its product offerings. The company aims to introduce new features to its procurement management platform to improve user experience. Additionally, Ketera plans to penetrate new geographic markets in Europe and Asia by 2025. The recent funding of USD 4.00 mn will support these initiatives, facilitating product development and market expansion efforts.

## Funding rounds

- Series E, Jan 2, 2007, $4M — Kleiner Perkins, Foundation Capital, DAG Ventures, Emergence Capital, Integral Capital Partners, Concentric Equity Partners, Teachers' Private Capital
- Series E, Nov 16, 2006, $10M — Kleiner Perkins, Bain Capital, Emergence Capital, Integral Capital Partners, American Express, Duff Ackerman & Goodrich Private Equity
- Series D, Dec 9, 2005, $13M — Kleiner Perkins, Foundation Capital, Emergence Capital, Integral Capital Partners, Concentric Equity Partners
- Series B, Jun 17, 2003, $7.3M — Kleiner Perkins, Foundation Capital, American Express TBS

## Investors

- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series B, Series D, Series E
- Foundation Capital (https://capitalatlas.ai/funds/foundation-capital) — Series B, Series D, Series E
- American Express TBS — Series B
- Emergence Capital (https://capitalatlas.ai/funds/emergence-capital) — Series D, Series E
- Integral Capital Partners (https://capitalatlas.ai/funds/integral-capital-partners) — Series D, Series E
- Concentric Equity Partners (https://capitalatlas.ai/funds/concentric-equity-partners) — Series D, Series E
- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Series E
- American Express — Series E
- Duff Ackerman & Goodrich Private Equity (https://capitalatlas.ai/funds/duff-ackerman-goodrich-private-equity) — Series E
- DAG Ventures (https://capitalatlas.ai/funds/dag-ventures) — Series E
- Teachers' Private Capital — Series E