Kinnek Receives $20,000,000 Series B Funding

  • Feed Type
  • Date
    10/15/2015
  • Company Name
    Kinnek
  • Mailing Address
    304 Park Ave South New York, NY 10010 USA
  • Company Description
    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. However, they can’t run the costly and complex procurement processes used by large businesses.
  • Website
    http://www.kinnek.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $20,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    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.
  • M&A Terms
  • Venture Investor
    Thrive Capital
  • Venture Investor
    Matrix Partners
  • Venture Investor
    Sierra Ventures
  • Venture Investor
    Version One Ventures
  • Venture Investor
    AngelPad

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