Tech Company Financing Transactions
Kinnek Funding Round
Kinnek, operating out of New York, raised $20 million in investment from Thrive Capital, AngelPad and Matrix Partners.
Transaction Overview
Company Name
Announced On
10/15/2015
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series B
Investors
Thrive Capital (Lead Investor) (Josh Kushner)
Matrix Partners (Josh Hannah)
Sierra Ventures (Mark Fernandes)
Proceeds Purpose
Funds will be used to fuel Kinnek's expansion to meet demand from new industries, increase marketing efforts, and grow the company's engineering and sales teams.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
3 West 35th St.
New York, NY 10001
USA
New York, NY 10001
USA
Phone
Website
Email Address
Overview
Kinnek was started in 2012 by entrepreneurs in New York City who noticed that small businesses were stuck in a no-man's land when it came to purchasing for their businesses. They require bulk or customized orders that consumer-facing storefronts can't offer.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Rui Ma
Co-Founder
Karthik Sridharan
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