Charlotte craft brewing software startup raises $21M in new cash

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CHARLOTTE – Its customer base now numbers nearly 2,000 across much of the world, and Ekos is preparing for new growth efforts with $21 million in venture capital.

Ekos, which providers software for business management targeting the craft brewing industry, announced the new funding and growth plans on Monday.

“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.”

The company secured backing from Catalyst Investors as well as previous backer Noro-Moseley Partners.

Ekos launched in 2014.

“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, in the announcement. “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.”

 





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Kassie Hoffman
Kassie pens down all the news from the world of politics on ANH.