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Katana, an ERP for SMB manufacturers, raises $34M

TechCrunch

ERP is a form of business management software that can serve any number of functions inside a company, from marketing and risk management, to supply chain management and beyond. “As manufacturing moves closer to the ever-increasingly conscious consumer, brands that rely on local production and inventory are gaining market share.

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Justworks files to take its SMB-focused, HR-themed SaaS business public

TechCrunch

The Exchange explores startups, markets and money. So, SMB-focused, HR-themed SaaS. In simpler terms, are SMB customers as churn-heavy as we’ve been historically warned by venture capitalists?). Read it every morning on TechCrunch+ or get The Exchange newsletter every Saturday. Does the company have churn under control?

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Ukrainian startup Zeely raises $1M for SMB growth app aimed at US, UK, Brazil, Mexico

TechCrunch

This is especially true in emerging markets like Latin America, where SMEs comprise 99.5% Zeely’s users are so far spread across the US, UK, and emerging markets such as Brazil and Mexico. In the future, we plan to introduce more affordable pricing plans for the LatAm market. of firms in the region.

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Nexi, the Italian payments giant, buys Germany’s Orderbird for $140-150M to expand its SMB strategy

TechCrunch

Orderbird will continue to operate as its own brand, becoming a central part of Nexi’s push into the SMB segment. We want to be at the heart of its SMB strategy.” “Together with Orderbird, we underline our commitment to the integrated software market, while enhancing our offer to hospitality clients.”

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Jeff Bezos’ investment fund is backing a startup hoping to be the AWS for SMB accounting

TechCrunch

Pilot has also inked a number of co-marketing partnerships with companies such as American Express, Bill.com , Brex, Carta, Gusto, Rippling, Stripe, SVB, and Techstars. Ironically, Pilot says it aspires to the “AWS of SMB backoffice.” (In Customers include Bolt, r2c and Pathrise, among others.

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Novo, the SMB neobank, nabs $90M at a $700M valuation

TechCrunch

There are a number of fintechs, some that describe themselves as challenger banks, in the market today catering to SMBs. (We’ve They are the only ones we are concerned with because they own 99% of the market,” said Michel Rangel, CEO of Novo, in an interview earlier this month.

SMB 247
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Level the playing field with GenAI: Top SMB use cases

CIO

Coupled with the leanness and agility of SMBs, centering GenAI in their long-term strategy is an increasingly compelling move for many businesses. Driving innovation by easing content creation Yet even as GenAI is transforming the dynamics of business, not every SMB has seized this opportunity.

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