# Xentral ERP Software

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/xentral-erp-software

- Industry: Software
- Headquarters: Augsburg, Germany
- Website: www.xentral.com
- Total disclosed funding: $95M
- Latest round: Series B (Aug 4, 2021)
- Investors on record: 5

## About

Xentral ERP Software GmbH, based in Germany, offers an integrated Business Operation Platform designed to streamline processes for small and medium-sized enterprises across various sectors, enhancing operational efficiency and facilitating seamless integrations.Founded in 2008 and headquartered in Augsburg, Germany, Xentral ERP Software GmbH specializes in providing ERP solutions for small and medium-sized enterprises. The company was established by Benedikt Sauter and Claudia Sauter. Xentral has raised a total of USD 75.00 mn through multiple funding rounds, with the latest being a Series B round in August 2021 involving investors such as Freigeist, Meritech Capital Partners, Sequoia Capital, Tiger Global Management, and Visionaries Club. Its current valuation stands at USD 816.04 mn.Xentral provides an integrated Business Operation Platform tailored for small and medium-sized enterprises (SMBs) in industries like e-commerce, food and beverage, and retail. Its core functionalities include order management, inventory control, accounting, customer relationship management (CRM), logistics, fulfillment, and procurement. The platform is designed to enhance operational efficiency and facilitate integration across multiple sales channels, serving a diverse clientele across Europe, particularly in Germany, Austria, and Switzerland.Xentral operates on a subscription-based revenue model, allowing clients to access its software solutions on a monthly or annual basis. This model supports both direct-to-consumer and B2B engagements, catering to a range of companies from startups to established enterprises. Xentral's ERP system and integrations with platforms like Shopify and Amazon are designed to improve operational efficiency. Pricing plans accommodate different business sizes and needs, facilitating automated order processing and effective logistics management.In August 2021, Xentral ERP Software GmbH raised USD 75.00 mn in Series B funding, which will be directed towards expanding into the United Kingdom market, hiring additional staff, and further product development. The company aims to enhance its offerings and reach new customers as part of its growth strategy.

## Funding rounds

- Series B, Aug 4, 2021, $75M — Meritech Capital Partners, Hong Shan, Tiger Global Management, Freigeist, Visionaries Club
- Series A, Jan 5, 2021, $20M — Hong Shan, Visionaries Club
- Seed, Aug 19, 2018 — Freigeist
- Seed, Jun 1, 2016 — Freigeist

## Investors

- Freigeist (https://capitalatlas.ai/funds/freigeist) — Seed, Series B
- Hong Shan — Series A, Series B
- Visionaries Club (https://capitalatlas.ai/funds/visionaries-club) — Series A, Series B
- Meritech Capital Partners (https://capitalatlas.ai/funds/meritech-capital-partners) — Series B
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series B