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Ekos

Can the vertical ERP for craft beverage become the payments and financial operations layer for the entire craft supply chain?

Founded2014
HQCharlotte, North Carolina, United States
FoundersJosh McKinney, Greg Forehand
Total raised$29.5M
Latest roundSeries B, 2021
IndustryVertical SaaS / Craft Beverage
The story

Founded 2014 as a category-defining vertical ERP for craft breweries, cideries, and wineries — a market previously served only by expensive generic ERPs. Grew to 17k+ users on six continents via a horizontal product footprint (inventory, production, sales, accounting, TTB reporting). Now consolidated under the Next Glass parent (with Untappd, Ollie, PaySmart) — the strategic direction is clearly toward embedded finance, with Ekos Payments launching in 2026 and sibling brand PaySmart (withpaysmart.com) providing the payments rail. Ekos is transitioning from pure operational SaaS into an embedded-payments platform for the craft beverage supply chain.

Last 12 months
2026-05
2026
2026
2025
Product timeline
2014
Ekos founded in Charlotte, NC to build business management software for craft beverage producers.· pivot
2019
Closed Series A led by Noro-Moseley Partners.· funding
2021
Launched Ekos Order Hub — a digital B2B ordering portal for distributors.· pivot
2021
Closed $21M Series B led by Catalyst Investors.· funding
2024
Became part of Next Glass, Inc. (parent of Untappd, Oznr, BeerAdvocate, Hop Culture, Ollie, PaySmart).· acquisition
2025
Launched Ekos AI for natural-language reporting and data querying.· pivot
2026
Launched Ekos Payments (integrated AR/collections) and partnered with Wholesail for accounts receivable automation.· banking
The stack
2 layers disclosed in Ekos’s embedded-finance stack
Payments / PSP
Ekos Payments (self-operated)PaySmart (Next Glass affiliate)
Accounting
in the full report
Accounting gap: none
16 more providers across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.