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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
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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 |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| 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 |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Kenandy
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Kenandy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| 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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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Kenandy
Frequently Asked Questions about Kenandy
When was Kenandy founded?
Kenandy was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is Kenandy located?
Kenandy is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.
Is Kenandy a funded company?
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.
How many employees does Kenandy have?
As of Dec 31, 2018, the latest employee count at Kenandy is 17.
What does Kenandy do?
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.
Who are the top competitors of Kenandy?
Kenandy's top competitors include Katana MRP, AVEVA and IQMS.
What products or services does Kenandy offer?
Kenandy offers Cloud ERP, Manufacturing Module, Supply Chain Module, and Global Financials.
Who are Kenandy's investors?
Kenandy has 5 investors. Key investors include Kleiner Perkins, Rootstock, Lightspeed Venture Partners, Wilson Sonsini Goodrich & Rosati, and Salesforce Ventures.
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