About Kinvey
Kinvey is a Technology company based in Boston (United States) founded in 2010 by Sravish Sridhar, and was acquired by Progress in June 2017. Cloud backend services are offered for mobile and web applications. Kinvey has raised $17.89 million across 4 funding rounds from investors including Verizon, Progress and Atlas Venture. The company has 825 employees. Its chief executive, as recorded, is Sravish Sridhar. Its focus areas include Enterprise Infrastructure, PaaS, BaaS and mBaaS. Its legal entity is PROGRESS SOFTWARE CORPORATION. Its competitors include Modo Labs, Parse and Firebase; 3 of its 3 listed competitors have raised funding.
Company details
Kinvey is a Backend as a Service for developers and enterprises to setup and operate a cloud backend for mobile, tablet and web apps. With Kinvey, developers model the cloud backend needs and Kinvey auto-generates all the APIs to access the data from mobile, web or computing platform. Developers integrate the APIs, and connect to them directly or through native iOS, Android, JavaScript, etc., libraries that Kinvey provides. Customers include Schneider Electric, VMware, Game Show Network, Holder Corporation, Johnson Johnson, and Macquarie Bank.
- Headquarters Boston, United States
- Employees 825
- Founders Sravish Sridhar
- Stage Acquired
- SectorsTechnology
- Website kinvey.com
- Social LinkedIn X Facebook
- Acquired by Progress (Jun 2017)
- Legal Name Progress Software Corporation
Funding Insights of Kinvey
Kinvey has successfully raised a total of $17.89M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $10.87 million completed in September 2014. 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 $17.89M
- Total Rounds 4
- Last Round Series B — $10.87M
- First Round $18,000
(Mar 2011)
- Investors Count 5
All 4 funding rounds of Kinvey with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2014 | $10.87M | Series B | – | Ntt Docomo Ventures, Verizon | |
| Jul 2012 | $5M | Series A | – | Avalon Ventures, Atlas Venture | – |
| Jul 2011 | $2M | Seed | – | Atlas Venture, Avalon Ventures | – |
| Mar 2011 | $18,000 | Seed | – | – |
6 investors in total: 6 institutional.
Investors in Kinvey
Kinvey has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Verizon, Progress and Atlas Venture.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
NTT Group backed venture capital fund | nttdocomo-v.com | Minato, Japan | ||
Seed and early-stage venture capital is provided to US companies. | avalon-ventures.com | Cambridge, United States | ||
Venture capital firm investing in life science and biotechnology sectors | 1980 | atlasventure.com | Cambridge, United States | |
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States | |
Mobile and internet services are provided to homes and businesses. | 1983 | verizon.com | New York, United States | |
IDE-based software is provided for application development and management. | 1981 | progress.com | Bedford, United States |
Investor details for Kinvey
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People of Kinvey
1 people are tracked at Kinvey (1 in leadership); the tracked headcount is 825.
| Name | Role | Group |
|---|---|---|
Sravish Sridhar | Founder & CEO | Leadership |
Complete people profiles for Kinvey
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Timeline of Kinvey
4 dated milestones of Kinvey across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Kinvey is founded.
- Funding First funding round of $18K.
- Funding Latest funding round, Series B, of $10.9M.
- Exit Acquired by Progress.
Competitors of Kinvey
Kinvey has 3 listed competitors in our database, 3 of them funded. They include Modo Labs, Parse and Firebase.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| modolabs.com | 2010 | Cambridge, United States | $14.4M | 89 | Digital engagement and no-code application development platform | |
| parseplatform.org | 2011 | Menlo Park, United States | $8.54M | Mobile backend-as-a-service platform | ||
| firebase.com | 2011 | San Francisco, United States | $7M | 1 | Build Realtime Apps |
Detailed competitors of Kinvey
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Web traffic of Kinvey
Websites that share an audience with Kinvey (kinvey.com).
Websites whose visitors overlap most with Kinvey. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
parse.com | parse.com | 100% | – | ||
| baasbox.com | 97% | View details | |||
| quickblox.com | 78% | 21.7K | #1,379,238 | View details | |
| formotus.com | 76% | View details | |||
api.shephertz.com | api.shephertz.com | 74% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 14 similar websites and full traffic analytics for Kinvey
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- 14 similar websites
- Audience overlap
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- Traffic by brand
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Top companies in PaaS & SaaS Platforms
3 companies that operate in the same segment as Kinvey (PaaS & SaaS Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A cloud-based database-as-a-service platform is provided for application development. | 2007 | New York, New York, United States | USD 311.32 M | USD 2.46 B | 8,070 | |
Cloud-based identity management solutions are provided for enterprises. | 2002 | Denver, Colorado, United States | USD 136.89 M | USD 36.94 M | 821 | |
Cloud-based software for continuous application development and deployment. | 2013 | San Francisco, California, United States | USD 212 M | 205 |
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Related news about Kinvey
Complete news archive for Kinvey
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Frequently Asked Questions about Kinvey
Kinvey was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Kinvey is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Sravish Sridhar is the CEO of Kinvey, as recorded in our data. They have also founded this company.
Kinvey is a funded company, having raised a total of $17.89M across 4 funding rounds to date. The company's 1st funding round was a Seed of $18K, raised on Mar 2011.
Kinvey has 825 employees.
Kinvey is a Backend as a Service for developers and enterprises to setup and operate a cloud backend for mobile, tablet and web apps. With Kinvey, developers model the cloud backend needs and Kinvey auto-generates all the APIs to access the data from mobile, web or computing platform. Developers integrate the APIs, and connect to them directly or through native iOS, Android, JavaScript, etc., libraries that Kinvey provides. Customers include Schneider Electric, VMware, Game Show Network, Holder Corporation, Johnson Johnson, and Macquarie Bank.
Kinvey has 6 investors. Key investors include Verizon, Progress, Atlas Venture, Techstars, and Ntt Docomo Ventures.
Kinvey operates through Progress Software Corporation.
Yes. Kinvey was acquired by Progress in June 2017.