Tech Company Financing Transactions
Kinnek Funding Round
On 9/15/2014, Kinnek announced $10 million in Series A funding from Matrix Partners, private investors and Sierra Ventures.
Transaction Overview
Company Name
Announced On
9/15/2014
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
Matrix Partners (Lead Investor) (Josh Hannah)
private investors (Naval Ravikant)
Sierra Ventures (Mark Fernandes)
Proceeds Purpose
The new funds will be used to grow the company's marketing and engineering capabilities and fuel Kinnek's expansion into new industries.
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
Browse more venture capital transactions:
Prev: 9/15/2014: Konekt venture capital transaction
Next: 9/15/2014: OBMedical venture capital transaction
Share this article
News on VC Transactions
We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs