What is Kantata?
Kantata provides purpose-built cloud software designed to bring clarity, control, and confidence to thousands of professional services businesses. Its platform optimizes resource planning and enhances overall business performance by streamlining operations and improving decision-making capabilities. The company's solutions are tailored to the unique needs of the professional services industry, enabling firms to manage projects, resources, and financials more effectively.
How much funding has Kantata raised?
Kantata has raised a total of $137.4M across 8 funding rounds:
Series A
$3.4M
Series B
$2M
Unspecified
$7M
Multiple Rounds
$38M
Series D
$39M
Series E
$48M
Series A (2011): $3.4M with participation from Quest Software
Series B (2013): $2M, investors not publicly disclosed
Unspecified (2013): $7M supported by Carrick Capital Partners
Private Equity (2015): $15M featuring Carrick Capital Partners
Series C (2015): $4M backed by Silicon Valley Bank
Other Financing Round (2015): $19M with participation from Carrick Capital Partners and Silicon Valley Bank
Series D (2016): $39M led by Goldman Sachs
Series E (2019): $48M supported by Goldman Sachs Growth Equity and Carrick Capital Partners
Key Investors in Kantata
Goldman Sachs Growth Equity
Goldman Sachs Growth Equity is a prominent investment firm known for backing high-growth companies, likely focusing on scalable software solutions like Kantata's.
Carrick Capital Partners
Carrick Capital Partners is an investment firm that typically supports companies in the technology and business services sectors, aligning with Kantata's market.
Silicon Valley Bank
Silicon Valley Bank is a financial institution specializing in providing capital and banking services to technology and life science companies, indicating a strategic partnership for growth.
What's next for Kantata?
The substantial enterprise-level funding and recent strategic investment signal Kantata's readiness for accelerated growth and market penetration. This capital infusion is expected to fuel further product innovation, enhance customer support, and expand its global reach. Kantata is strategically positioned to capitalize on the increasing demand for sophisticated resource planning and business performance optimization tools within the professional services sector, aiming to solidify its leadership position.
See full Kantata company page
