About Kenandy
Kenandy is a company based in Redwood City (United States) founded in 2010 was acquired by Rootstock in January 2018. Kenandy has raised $55 million across 3 funding rounds from investors including Kleiner Perkins, Rootstock and Lightspeed Venture Partners. The company has 17 employees as of December 31, 2018. Kenandy offers products and services including Cloud ERP, Manufacturing Module, Supply Chain Module, and Global Financials. Kenandy operates in a competitive market with competitors including AVEVA, Katana MRP, IQMS, ProShop and FactoryFour, among others.
- Headquarter Redwood City, United States
- Employees 17 as on 31 Dec, 2018
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Kenandy, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$55 M (USD)
in 3 rounds
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Latest Funding Round
$11.5 M (USD), Series C
Mar 17, 2016
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Investors
Kleiner Perkins
& 4 more
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Employee Count
17
as on Dec 31, 2018
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Acquired by
Rootstock
(Jan 11, 2018)
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Products & Services of Kenandy
Kenandy offers a comprehensive portfolio of products and services, including Cloud ERP, Manufacturing Module, Supply Chain Module, and Global Financials.
Unified platform for business processes in manufacturing.
Enhances output and inventory management efficiently.
Automates purchasing and optimizes materials handling.
Provides visibility into accounting and taxes.
People of Kenandy
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Funding Insights of Kenandy
Kenandy has successfully raised a total of $55M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $11.5 million completed in March 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series C — $11.5M
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First Round
First Round
(29 Aug 2011)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2016 | Amount | Series C - Kenandy | Valuation | Lightspeed Venture Partners , Kleiner Perkins |
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| Jun, 2013 | Amount | Series B - Kenandy | Valuation | Lightspeed Venture Partners | |
| Aug, 2011 | Amount | Series A - Kenandy | Valuation | Kleiner Perkins |
Investors in Kenandy
Kenandy has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Kleiner Perkins, Rootstock and Lightspeed Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Founded Year | Domain | Location | |
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Venture capital firm investing in early-stage tech startups
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Founded Year | Domain | Location | |
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Early-stage tech startups are funded by corporate-backed Salesforce Ventures.
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Founded Year | Domain | Location |
Investments & Acquisitions by Kenandy
Financial Statements - Kenandy
Kenandy Comparisons
Competitors of Kenandy
Kenandy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as AVEVA, Katana MRP, IQMS, ProShop and FactoryFour, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based data visualization and dashboard development are facilitated.
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| domain | founded_year | HQ Location |
Cloud-based software is used for inventory and production management.
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| domain | founded_year | HQ Location |
ERP software developer for manufacturing industry
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| domain | founded_year | HQ Location |
Cloud-based ERP software is provided for manufacturing enterprises.
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| domain | founded_year | HQ Location |
Cloud-based manufacturing software is provided for multiple industries.
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Frequently Asked Questions about Kenandy
Kenandy was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Kenandy is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.
Kenandy is a funded company, having raised a total of $55M across 3 funding rounds to date. The company's 1st funding round was a Series A of $10.5M, raised on Aug 29, 2011.
As of Dec 31, 2018, the latest employee count at Kenandy is 17.
Kenandy was founded in 2010 in Redwood City, United States, as a provider of cloud-based ERP SaaS applications on the Salesforce1 platform. Solutions are offered for order-to-cash processes, procure-to-pay operations, planning and production management, global financials, and trade promotion. Customers served include manufacturers such as 3 Sigma Corporation, Big Heart Pet Brands, and Yokohama Tire Company, supporting product planning and manufacturing sectors.
Kenandy's top competitors include Katana MRP, AVEVA and IQMS.
Kenandy offers Cloud ERP, Manufacturing Module, Supply Chain Module, and Global Financials.
Kenandy has 5 investors. Key investors include Kleiner Perkins, Rootstock, Lightspeed Venture Partners, Wilson Sonsini Goodrich & Rosati, and Salesforce Ventures.