About Kennek
Kennek is a company based in London (United Kingdom) founded in 2021 by Thibault Lancksweert, Edmund Parsons, and Xavier De Pauw.. Kennek has raised $18.32 million across 3 funding rounds from investors including Plug and Play Tech Center, HV Capital and Dutch Founders Fund. The company has 2 employees as of March 31, 2022. Kennek offers products and services including Kennek Platform, Origination and Underwriting Tool, and Servicing and Monitoring Service. Kennek operates in a competitive market with competitors including Finastra, ezbob, Cloud Lending, Linedata and Oakbrook, among others.
- Headquarter London, United Kingdom
- Employees 2 as on 31 Mar, 2022
- Founders Thibault Lancksweert, Edmund Parsons, Xavier De Pauw
- Stage Minicorn
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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 Kennek Solutions Ltd
- Date of Incorporation 14 Jun, 2021
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$18.32 M (USD)
in 3 rounds
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Latest Funding Round
$12.5 M (USD), Seed
Oct 10, 2023
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Investors
Plug and Play Tech Center
& 5 more
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Employee Count
2
as on Mar 31, 2022
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Products & Services of Kennek
Kennek offers a comprehensive portfolio of products and services, including Kennek Platform, Origination and Underwriting Tool, and Servicing and Monitoring Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for automating loan origination and servicing processes
Software for efficient loan application and risk assessment
System to track and manage loan portfolios in real-time
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Funding Insights of Kennek
Kennek has successfully raised a total of $18.32M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $12.5 million completed in October 2023. 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 3
- Last Round Seed — $12.5M
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First Round
First Round
(10 Dec 2021)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Seed - Kennek | Valuation | HV Capital | |
| Feb, 2023 | Amount | Seed - Kennek | Valuation | Dutch Founders Fund , Plug and Play Tech Center |
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| Dec, 2021 | Amount | Seed - Kennek | Valuation |
investors |
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| 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 Kennek
Kennek has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Plug and Play Tech Center, HV Capital and Dutch Founders Fund. 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 capital funding is provided to digital company founders.
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Founded Year | Domain | Location | |
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Venture capital firm focused on investing in tech startups
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Founded Year | Domain | Location | |
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Early-stage technology-enabled companies are invested in by ff Venture Capital.
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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 Kennek
| 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 - Kennek
| 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 |
Kennek Comparisons
Competitors of Kennek
Kennek 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 Finastra, ezbob, Cloud Lending, Linedata and Oakbrook, 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 |
Financial software solutions for lending, payments, and banking are provided.
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| domain | founded_year | HQ Location |
Lending-as-a-service platforms are offered by ezbob for financial institutions.
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| domain | founded_year | HQ Location |
A cloud-based lending platform is provided for financial institutions.
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| domain | founded_year | HQ Location |
Software, data, analytics, and services are provided to financial institutions.
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| domain | founded_year | HQ Location |
Consumers are connected with lenders for personal loans online.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Kennek
Frequently Asked Questions about Kennek
When was Kennek founded?
Kennek was founded in 2021.
Where is Kennek located?
Kennek is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Kennek?
Thibault Lancksweert is the current CEO of Kennek. They have also founded this company.
Is Kennek a funded company?
Kennek is a funded company, having raised a total of $18.32M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.32M, raised on Dec 10, 2021.
How many employees does Kennek have?
As of Mar 31, 2022, the latest employee count at Kennek is 2.
What does Kennek do?
Kennek was founded in 2021 and is based in London, United Kingdom. Software solutions for lending management are developed within the fintech sector. Loan origination, disbursement, credit memos, and scheduling are supported, along with analytics, workflow management, and API integrations. Operations focus on financial institutions seeking streamlined lending processes.
Who are the top competitors of Kennek?
Kennek's top competitors include Finastra, Cloud Lending and ezbob.
What products or services does Kennek offer?
Kennek offers Kennek Platform, Origination and Underwriting Tool, and Servicing and Monitoring Service.
Who are Kennek's investors?
Kennek has 6 investors. Key investors include Plug and Play Tech Center, HV Capital, Dutch Founders Fund, AlbionVC, and ff Venture Capital.
What is Kennek's valuation?
The valuation of Kennek is $8.17M as of Dec 2021.