Ekos is closing out a big year with its biggest news yet. At the Craft Brewers Conference, Ekos debuted Ekos Order Hub, a digital order portal that simplifies the sales order process for both producers and distributors. This week, the craft beverage business management software savants at Ekos closed a $21 million Series B funding round led by growth equity firm Catalyst Investors.
“We see significant potential in the craft industry, but there are currently many disjointed systems and a lack of comprehensive analytics. Ekos’s mission is to connect the supply chain and give business owners the visibility and insights they need to grow,” said Kapil Desai, Partner at Catalyst Investors. “With a stronghold on inventory management data from craft producers, Ekos is uniquely positioned to build the technology that propels the industry forward.”
“Ekos is building a new category of business management software that digitizes the craft supply chain. We are enabling an open and connected platform with the craft producer at the center,” said Ekos CEO Josh McKinney. “Our technology will break down silos and digitally connect suppliers, producers, distributors and end consumers. We empower business owners by giving them unprecedented access to analytics and benchmarking data so they can make better decisions to grow their businesses.”
Ekos is already a top choice for business management software, serving nearly 2,000 businesses on six continents. Ekos doubled in size this year with key hires across all teams. With the new capital, the company plans to accelerate innovation, strengthen its existing platform and forge industry-leading partnerships.