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Kenandy develops cloud-based enterprise resource planning (ERP) software for manufacturing and enterprise management, offering SaaS solutions to modernize enterprise systems. The platform provides flexible tools designed for mid-sized manufacturers to innovate operations and support global, collaborative production. The company secured an initial capitalization of $10.5 million and raised a $33 million funding round in June 2013, which valued the company at $350 million. Lightspeed Venture Partners led this investment, supporting the company's focus on modernizing enterprise software in the cloud. Sandra Kurtzig stepped down as CEO in August 2015, with Chuck Berger taking over as CEO later that year, and Kenandy now operates as a Rootstock Software Company. Kenandy was founded in 2010 by Sandra Kurtzig. Its business model centers on saaS model for cloud ERP subscriptions.
Kenandy has raised $55.5M across 3 funding rounds.
Kenandy has raised $55.5M in total across 3 funding rounds.
Kenandy has raised $55.5M in total across 3 funding rounds.
Kenandy's investors include 1955 Capital, Johnson & Johnson Innovation, Christopher Schaepe, Kleiner Perkins, Salesforce Ventures, Larry Sonsini, Ray Lane, Wilson Sonsini Goodrich & Rosati.
Kenandy has raised $55.5M across 3 funding rounds. Most recently, it raised $12.0M Series B in March 2016.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 1, 2016 | $12M Series B | — | 1955 Capital, Johnson & Johnson Innovation | Announced |
| Jun 1, 2013 | $33M Series B | Christopher Schaepe | 1955 Capital, Johnson & Johnson Innovation, Kleiner Perkins, Salesforce Ventures, Larry Sonsini | Announced |
| Aug 29, 2011 | $10.5M Series A | RAY Lane | Salesforce Ventures, Wilson Sonsini Goodrich & Rosati | Announced |
Kenandy is a cloud-based enterprise resource planning (ERP) software company that provides a flexible, Salesforce-native platform for mid-sized to large manufacturers and distributors.[1][2][6] It builds an end-to-end ERP solution using just 150 Business Ready Objects—far fewer than the thousands in legacy systems—enabling businesses to map the software to their existing processes rather than adapting to rigid frameworks, solving inefficiencies in order-to-cash, manufacturing, supply chain, procurement, inventory, and global financials.[2][3][5][6] The platform serves companies like Merrow Sewing Machine, Primus Power, Blue Clover Devices, and Scott Fetzer Electrical Group, offering rapid deployment (weeks, not years), real-time visibility, and seamless integration with Salesforce CRM, SAP, and other tools to drive innovation and scalability.[2][4][5][9] Now owned by Rootstock Software since 2018, Kenandy maintains momentum in modernizing ERP for growth-oriented operations.[1][9]
Kenandy was founded in 2010 in Redwood City, California (later headquartered in San Ramon), by tech entrepreneur Sandra Kurtzig, named after her sons Ken and Andy.[1][7][9] Kurtzig, the first woman to take a Silicon Valley company public with ASK Systems in 1972, pioneered cloud ERP as Salesforce's first such application, addressing the limitations of dated, on-premise systems.[1][7] The company raised $10.5 million in 2011 from investors including Kleiner Perkins Caufield & Byers, Salesforce, and Wilson Sonsini Goodrich & Rosati, achieving early traction with its innovative approach.[1] Kurtzig stepped down as CEO in 2015, succeeded by Chuck Berger, who shifted focus to mid-sized manufacturers amid rapid growth; in 2018, Rootstock Software acquired Kenandy, integrating and advancing its Salesforce-native technology.[1][7][9]
Kenandy rides the shift from rigid, on-premise ERP to cloud-native, agile solutions, capitalizing on Salesforce's ecosystem dominance and the demand for digital transformation in manufacturing/distribution.[1][2][9] Timing aligned with cloud adoption post-2010, enabling mid-sized firms to compete globally amid supply chain disruptions and e-commerce growth, as seen in case studies like 3 Sigma's MS-DOS upgrade and Blue Clover's multi-language/currency integration.[4] It influences the ecosystem by proving Salesforce as an ERP platform, paving the way for acquisitions like Rootstock's in 2018, and reducing ERP complexity to foster innovation in fast-paced industries.[9]
Kenandy's acquisition by Rootstock positions it for sustained evolution on Salesforce Lightning, emphasizing AI-enhanced visibility and further supply chain automation amid rising global trade complexities.[9] Trends like real-time analytics, multi-ERP orchestration, and sustainability tracking will shape its path, potentially expanding to larger enterprises via Rootstock's advancements. Its legacy of empowering mid-sized innovators ensures growing influence in cloud ERP, freeing businesses from legacy constraints to thrive in dynamic markets—just as Kurtzig envisioned when redefining the space in 2010.[1][7]
