Xentral ERP Software is a German enterprise resource planning (ERP) company headquartered in Augsburg, Germany. The company provides cloud-based ERP services primarily for small and medium-sized enterprises (SMEs) in the e-commerce, retail, and B2B sectors.
In 2008, Benedikt Sauter and Claudia Sauter founded the company under the name embedded projects GmbH. At first, it sold computer hardware. In the early 2010s, the couple developed an inâÂÂhouse ERP service based on openâÂÂsource technology to support their hardware business. This system laid the foundation for what would later become Xentral ERP.
On 23 November 2018, the company rebranded as waWision, shifting focus from hardware to software and setting the stage for the ERP productâÂÂs market rollout.
In early 2018, Xentral received its first external funding from Frank Thelen and his firm Freigeist Capital.
In March 2020, Xentral released version 20.1 of its onâÂÂpremise software, featuring integrated interfaces for Shopware 6, Shopify, WooCommerce, and Gambio. This update introduced mobile optimization and a redesigned user interface.
By January 2021, Xentral had grown to serve around 1,000 SMEs and secured a US$20 million Series A investment led by Sequoia Capital, with participation from Visionaries Club.
In August 2021, the company raised a $75 million Series B funding round led by Tiger Global Management and Meritech Capital, with continued participation from Sequoia, Visionaries Club, and Freigeist Capital. This brought XentralâÂÂs total known funding to approximately $95 million.
In December 2022, Benedikt Sauter was awarded the Gründergeist Award 2022 by Hochschule Augsburg, and Xentral won the Best Omnichannel Solution award at the EâÂÂcommerce Germany Awards 2022.
At the end of 2023, Domenico Cipolla joined as CoâÂÂCEO to support the companyâÂÂs scaleâÂÂup phase, allowing Benedikt Sauter to focus more on product development and customer engagement. In 2023, Xentral reported processing â¬3 billion in commercial transactions.