B/2BNOW, a Madison, Wisconsin-based provider of electronic data interchange (EDI) solutions for the SAP S/4HANA Cloud enterprise resource planning (ERP) system, closed its first round of funding.
The amount of the deal was not disclosed.
Esker, a worldwide leader in cloud computing and AI-driven process automation solutions, was responsible for 40% of the total amount raised. Steve Smith, COO at Esker, will also be joining B/2BNOW’s board of directors. CSA Partners, LLC out of Milwaukee, Wisconsin led the round.
Led by Mike Kersels, CEO and founder, B/2BNOW is a strategically focused B2B Cloud Solution that automates, integrates and manages the exchange of critical business data between S/4HANA systems and external business partners. As a dedicated S/4HANA B2B solution provider, the company is recognized by SAP and system integrators as the subject matter expert.
The strategic partnership between Esker and B/2BNOW will provide automation and an improved experience on S/4HANA as customers prepare for the transition from SAP’s legacy ERP business suite, of which SAP is discontinuing support by 2025.