About Kafene
Kafene is a company based in New York (United States) founded in 2019 by Neal Desai.. Kafene has raised $89.08 million across 7 funding rounds from investors including Credit Suisse, FJ Labs and Trinity Cap. The company has 69 employees as of December 31, 2022. Kafene operates in a competitive market with competitors including Sunwealth, Microf, Uown Leasing, Autowatts and Chowder, among others.
- Headquarter New York, United States
- Employees 69 as on 31 Dec, 2022
- Founders Neal Desai
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Kafene, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$89.08 M (USD)
in 7 rounds
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Latest Funding Round
$15 M (USD), Series B
Jan 31, 2024
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Investors
Credit Suisse
& 12 more
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Employee Count
69
as on Dec 31, 2022
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Funding Insights of Kafene
Kafene has successfully raised a total of $89.08M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in January 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series B — $15.0M
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First Round
First Round
(08 Jun 2021)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Series B - Kafene | Valuation | Trinity Capital |
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| Aug, 2023 | Amount | Series B - Kafene | Valuation | Third Prime |
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| Sep, 2022 | Amount | Series B - Kafene | Valuation | Third Prime |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Kafene
Kafene has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Credit Suisse, FJ Labs and Trinity Cap. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture debt and equipment financing are provided to growth-stage companies.
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Founded Year | Domain | Location | |
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Early-stage startups are funded by Third Prime venture capital firm.
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Founded Year | Domain | Location | |
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Venture capital is directed toward infrastructure software companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Kafene
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Kafene
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Kafene Comparisons
Competitors of Kafene
Kafene operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sunwealth, Microf, Uown Leasing, Autowatts and Chowder, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Commercial solar projects are curated for clean energy investments.
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| domain | founded_year | HQ Location |
Online platform for rent-to-own specialty financing
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| domain | founded_year | HQ Location |
An online marketplace for point-of-sale financing is developed and operated.
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| domain | founded_year | HQ Location |
Software platform for solar data collection and financing is offered.
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| domain | founded_year | HQ Location |
Point-of-sale financing is provided for residential utility equipment purchases.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Kafene
Frequently Asked Questions about Kafene
When was Kafene founded?
Kafene was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Kafene located?
Kafene is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Kafene?
Neal Desai is the current CEO of Kafene. They have also founded this company.
Is Kafene a funded company?
Kafene is a funded company, having raised a total of $89.08M across 7 funding rounds to date. The company's 1st funding round was a Series B of $18M, raised on Jun 08, 2021.
How many employees does Kafene have?
As of Dec 31, 2022, the latest employee count at Kafene is 69.
What does Kafene do?
Kafene was founded in 2019 in New York, United States, within the fintech sector. An online platform, accessible through web and mobile apps, is operated to provide lease-to-own financing at the point of sale. Underwriting, approval, and payment processing are handled for users seeking loans with varying amounts and repayment terms. Operations focus on enabling flexible consumer financing options in the retail environment.
Who are the top competitors of Kafene?
Kafene's top competitors include Sunwealth, Microf and Uown Leasing.
Who are Kafene's investors?
Kafene has 13 investors. Key investors include Credit Suisse, FJ Labs, Trinity Cap, Third Prime, and Uncorrelated Ventures.
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