Katana, a SaaS (Software as a Service) product, has recently raised an $11 million Series A funding to empower ‘manufacturing entrepreneurs’. The aim of their product is to increase the efficiency of the manufacturing industry and provide a unique platform for innovators and manufacturers.
Katana’s product will provide a more automated process and streamline operations. This article will focus on the ways in which Katana is making the manufacturing industry more efficient.
What is Katana?
Katana is a software provider taking on the challenge of making manufacturing more efficient. Their goal is to make the process of creating products and managing their inventories easier. By using their cloud-based platform, manufacturers can streamline the shipping process, reduce waste, and save time compared to traditional systems. Katana’s software provides integration with sales channels, customer management tools, production and inventory tracking, reporting functions, and more.
The company was founded in 2018 by two entrepreneurs — CEO Ariel Wizman and CTO Amit Erez — with a mission to bring simplified manufacturing processes to companies around the world. The start-up recently raised an $11 million Series A round led by France’s Alven Capital to continue developing their product offerings.
Katana’s goal is to enable what they call “Manufacturing Entrepreneurs” — individuals or businesses who want to create their own products but don’t have the resources or experience of a traditional manufacturer. Katana enables them either through its paid subscription plans or an open source alternative that’s free for individual users and on GitHub Enterprise for teams as part of its commitment to open source development.
How Katana is making manufacturing more efficient
Katana, a software as a service solution that specializes in enabling ‘manufacturing entrepreneurs’ has raised an $11 million Series A. The round was led by Kima Ventures and Balderton Capital with participation from 500 Startups, Techstars and existing investors.
Katana provides its customers with the ability to make accurate and informed decisions across their entire production lifecycle. It enables users to monitor lead time and production flow, lower operational costs and manage inventory or kanban levels all at once. The company’s solutions are backed by predictive analytics offering real-time data on relevant metrics, automated reports enabling quick decision making, as well as an agile mobile app for improved data access.
Katana gives manufacturers the opportunity to view the many pieces of their operations simultaneously (such as orders, materials and operations). By doing so they can automate manual processes while also staying organized and up-to-date on necessary market needs; relying less on outside resources for data collection and analysis but their own performance analytics. Ultimately this allows them to save money by eliminating unnecessary cost associated with inefficient operational processing times.
The software is accessible via both desktop and mobile devices allowing those who use it access across multiple devices types for convenience; giving them the ability to check in on operations regularly no matter how far away they are from their office or factory floors if necessary. In addition to this Katana offers great customer support through dedicated account management teams that assist in onboarding customers every step of the way when getting up and running quickly is a priority.
This means businesses utilizing Katana have the technology they need to stay ahead of competition while providing their customers with RFT based solutions faster than any other provider – enabling them remain competitive in today’s ever changing manufacturing marketplaces.
Katana’s Series A Funding
Katana recently raised $11M in Series A funding to become the SaaS that powers ‘manufacturing entrepreneurs’. The funding will be put towards the development of their platform and services, allowing them to make manufacturing more efficient.
This is great news for businesses that are looking to streamline their operations and increase their profits. Let’s explore how Katana’s Series A funding can benefit the manufacturing industry.
Overview of the funding
Katana, a software-as-a-service (SaaS) company, has closed a $11 Million Series A funding round led by Andreessen Horowitz with participation from Craft Ventures, Next 1947 and Index Ventures.
The new capital will be used to help Katana scale its platform as well as expand its team of engineers, product and go-to-market professionals.
Founded in 2016 by Ariela Safira, Founder and CEO of Katana MRP, the company provides an enrichment layer over existing Enterprise Resource Planning (ERP) systems like Microsoft Dynamics NAV or SQL server editions to help manufacturers streamline inventory management. The SaaS platform helps companies reduce their burden so they can focus their attention on their core competencies.
Katana offers features such as batch tracking capabilities that improve operational visibility into raw materials movements throughout the day’s work. It also provides inventory reordering capabilities that predict future demand for customers using machine learning algorithms; this helps to ensure materials are delivered exactly when needed for production jobs. All of these tools aid manufacturers in staying one step ahead without investing an exorbitant amount of resources into ERP system development or customization processes. In addition, Katana recently released co-packing capabilities designed to help manufacturers offer customized packing solutions for pick & pack orders across multiple bins at once—helping them keep up with today’s omnichannel demands while reducing labor costs associated with manually packing orders.
With this additional capital from investors, Katana aims to become the software backbone powering the “modern manufacturing entrepreneurs”; this stacks on top of its previous seed investment round which totaled over $4M USD in 2018 from Index Ventures and other notable Angel investors including Bitcoin creator Satoshi Nakamoto and former Microsoft executives Steve Ballmer & John Wahlert.
Katana raises $11M Series A to be the SaaS powering ‘manufacturing entrepreneurs’
Katana has raised $11M in a Series A funding round led by Cowboy Ventures. The funding will accelerate the development of Katana’s cloud-based SaaS platform, which provides visibility and control over digital manufacturing supply chains. The goal is to make it easier for individual businesses to launch, scale, and optimize their production units with personalized insights. In addition, Katana has revealed plans to expand its capabilities with artificial intelligence (AI) and machine learning (ML).
The funding will be used to strengthen the R&D team and expand Katana’s sales and marketing efforts. Katana CEO Samarth Shah commented: “We are leading the charge in manufacturing technology evolution, disrupting traditional methods of supply chain management by providing access to insights never before possible… We are thrilled to inspire and empower manufacturing entrepreneurs globally with our technology-driven approach.”
With the help of this additional capital injection, it is expected that more businesses around the world may benefit from leveraging advanced technology for more efficient operations. By simplifying manual labor intensive processes in digital manufacturing through SaaS platform-powered automation, factories can fortify competitive advantages while delivering superior customer experiences at scale.
Katana’s Impact on Manufacturing
Katana is transforming manufacturing with its cloud-based software that enables complex production processes, resulting in a more efficient and cost-effective way of operating. With its latest Series A funding of $11 million, Katana is continuing to position itself as the go-to for “manufacturing entrepreneurs” around the world.
Here, we will explore how Katana is pushing the boundaries of manufacturing and revolutionizing the way we make products.
Benefits of using Katana
Katana is a manufacturing software platform that’s changing the industry by providing tools to help manufacturers optimize their operations, improve efficiency and boost profits. By delivering an integrated suite of functionality, Katana gives end-to-end coverage across the entire product life cycle.
Katana helps manufacturers take control of their supply chain and operations, improving productivity and providing real-time insights into the health of their business. It provides powerful analytics and decision support capabilities for inventory management, production planning and scheduling, as well as customer relationship management to drive increased sales. By leveraging end-to-end control capabilities from production to shipping & delivery, Katana helps manufacturing entrepreneurs gain access to lessons learned from large enterprises.
Katana enables efficiency throughout the production process by automating calculations of costs and creating job queues to ensure timely completion of tasks while capping overhead costs that come with manual processes. In addition, Katana’s automated tracking system avoids costly delays in sourcing parts or materials and supports just-in-time inventory levels so businesses can manage fluctuations in demand without compromising quality assurance or profitability.
Katana also helps reduce labor costs by streamlining communication between workers on the shop floor with clear visibility over activities to avoid confusion amid high work loads. Finally, its intelligent CRM provides customers with greater transparency when requesting orders or information while keeping stakeholders informed on performance metrics throughout each product’s journey from conception to creation seamlessly.
How Katana is helping ‘manufacturing entrepreneurs’
Katana is a cloud-based software company that seeks to help entrepreneurs in the manufacturing sector with their business management and production planning. The company supports customers in manual, semi-automated, and automated production environments. Katana has raised $11 million in Series A funding to enhance its product offering and better serve its customers, allowing them to manage multiple workshops from one all-inclusive platform.
Manufacturing entrepreneurs often have different suppliers at different locations; each one must be managed separately. By enabling entrepreneurs to quickly see inventory and sales volumes across sites, Katana aims to make the process of managing multiple supply chains more efficient. Katana also gives users overviews of current production capacity to help them determine how they will meet the demand for their products, while also improving customer satisfaction.
Katana’s software includes a selection of features such as order and material tracking capabilities, quoting analysis tools, real-time dashboards that provide visibility into progress against budgeted hours per order or project tasks. This helps businesses gain total control over what’s going on in the shop floor at any given moment and enable them to respond more quickly because they are able to track changes instantaneously. Additionally, by providing actionable insights into performance and trends in usage metrics, manufactures can identify weaknesses in their processes which can then be addressed for improved efficiency or cost savings before it’s too late.
Overall, Katana’s integrated approach enables customers to reduce risk by forecasting actual demand levels as well as managing existing orders—ultimately increasing overall revenue potential for manufacturing entrepreneurs by putting them back in control of their operations for greater profits.
tags = Katana, raises $11M, SaaS powering manufacturing entrepreneurs, Estonian startup, Atomico, katana smbs 11m atomico 16mheartechcrunch, Founded in 2017, Kristjan Vilosius
