Kodo

Mumbai, India Founded: 2019 • Age: 7 yrs
Expense management solutions are offered via an online platform.

About Kodo

Kodo is a company based in Mumbai (India) founded in 2019 by Gaurav Thapa and Deepti Sanghi. It operates as a SaaS (Software-as-a-Service). Kodo has raised $9.58 million across 3 funding rounds from investors including Brex, Leonis Investment and Y Combinator. The company has 39 employees. Kodo offers products and services including Purchase Request, Corporate Cards, Invoices (AP), and Vendor Payments. Kodo operates in a competitive market with competitors including Zaggle, Sodexo, Concur, Fyle and Karbon, among others.

  • Headquarter Mumbai, India
  • Employees 39
  • Founders Gaurav Thapa, Deepti Sanghi
  • Sectors
    Technology
    Travel & Hospitality Financial Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website kodo.com
  • Social LinkedIn X Facebook
  • Legal Name Kodo Technologies Private Limited
  • Date of Incorporation 16 Sep, 2019
  • Jurisdiction Mumbai, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹5.44 Cr

    FY 2025 · -15% YoY

  • Net Loss
    -₹4.39 Cr

    FY 2025 · -81% margin

  • EBITDA
    -₹4.43 Cr

    FY 2025 · -82% margin

  • Total Equity Funding
    $9.58M (USD)

    in 3 rounds

  • Latest Funding Round
    $150K (USD), Seed

    Jun 2021

  • Investors
    Brex

    & 4 more

  • Employee Count
    39

Products & Services of Kodo

Kodo offers a comprehensive portfolio of products and services, including Purchase Request, Corporate Cards, Invoices (AP), and Vendor Payments.

Purchase Request
Spend Management

Intake-to-pay processes are streamlined to eliminate delays.

Corporate Cards
Spend Management

Expenses are controlled with real-time limits and insights.

Invoices (AP)
Spend Management

Invoice processing is automated for speed and accuracy.

Vendor Payments
Spend Management

Payments to vendors are automated with flexibility and control.

Funding Insights of Kodo

Kodo has successfully raised a total of $9.58M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $150 thousand completed in June 2021. 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 $9.58M
  • Total Rounds 3
  • Last Round Seed β€” $150,000
  • First Round $8.75M

    (May 2021)

  • Investors Count 5

All 3 funding rounds of Kodo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2021$675,000Seed–Leonis Investment
–
Jun 2021$150,000Seed–Y Combinator
–
May 2021$8.75MSeed–Brex, Goat Capital
–
Valuation history

5 investors in total: 5 institutional.

Investors in Kodo

Kodo has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Brex, Leonis Investment and Y Combinator.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Early-stage venture capital fund backed by Gabriel Jarrosson
–leonis.vcParis, France
Early-stage startups are accelerated via funding and educational programs.
–ycombinator.comMountain View, United States
Early-stage startups are funded by Goat Capital venture fund.
–goat.vcSan Francisco, United States
Investments in multiple sectors are made by Pioneer Fund.
–pioneerfund.vcSan Francisco, United States
SaaS-driven credit card and spend management solutions platform for businesses
2017brex.comDraper, United States
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Investor details for Kodo

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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Board of directors of Kodo Technologies Private Limited (Kodo)

Kodo Technologies Private Limited is the primary company behind Kodo. The board of Kodo Technologies Private Limited currently have 2 directors; the longest-serving is Deepti Sanghi, appointed in 2019. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Deepti Sanghi
DIN 07308012
Director16 Sep 20197 yrsKodo Technologies Private Limited
Gaurav Thapa
DIN 09592873
Director04 May 20224 yrs 5 moKodo Technologies Private Limited

People of Kodo

12 people are tracked at Kodo (3 in leadership, 9 in team); the tracked headcount is 39.

NameRoleGroup
Co-FounderLeadership
Co-FounderLeadership
Apurv Chawla
Director Of EngineeringLeadership
Kailash Bisht
Full Stack DeveloperTeam
Dinesh Sudepalli
Software Development Engineer In TestTeam
Vivek Kumar
Principal Devsecops EngineerTeam
Abhimanyu Sikarwar
Software EngineerTeam
Sachin Jagtap
Business AnalystTeam
Roshani Jawale
Back-end DeveloperTeam
Isna Yousuf
Software EngineerTeam
Hardik Miglani
Core TeamTeam
Anchal Sethi
Quality Assurance ArchitectTeam
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Complete people profiles for Kodo

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Financials of Kodo

Figures of Kodo Technologies Private Limited, the primary company behind Kodo, for FY 2025. Revenue was ₹5.44 Cr (-15% year on year). Net loss was -₹4.39 Cr (-81% margin). EBITDA was -₹4.43 Cr (-82% margin). Revenue has grown at a compounded annual rate of -6% over three years.

  • ₹5.44 CrRevenue · FY 2025 · -15% YoY
  • -₹4.39 CrNet loss · -81% margin
  • -₹4.43 CrEBITDA · -82% margin
  • ₹16.8 LakhPaid-up capital
  • 39Employees (provident fund records)
  • -6%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Kodo Technologies Private Limited are on its company page.

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Detailed financial statements for Kodo

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  • Financial ratios
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  • Downloads

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Timeline of Kodo

3 dated milestones of Kodo across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Kodo is founded.
  2. Funding First funding round of $8.8M.
  3. Funding Latest funding round, Seed, of $150K.

Competitors of Kodo

Kodo 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 Zaggle, Sodexo, Concur, Fyle and Karbon, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
zaggle.in2011Hyderabad, India$13.75M440
Business spends, payments, and rewards are streamlined by automated workflows.
sodexo.com1966––423,000
Employee benefits payment cards are provided via an online platform.
concur.com1988Bellevue, United States––
Corporate travel expenses and invoices are managed via SaaS platform.
fylehq.com2016Bengaluru, India$15.36M143
Cloud-based expense management is provided for business travelers.
karboncard.com2019Bengaluru, India$30.2M142
International payment and corporate expense solutions are offered to businesses.
tryjeeves.com2019New York, United States$268M–
Payment and corporate financial cards are provided digitally by Jeeves.
happay.com2012Bengaluru, India$22.35M225
Expense management software and corporate cards are offered to businesses.
enkash.com2018Mumbai, India$23.5M34
Provider of a platform for business spend management and payment solutions
dhanipay.in2010Mumbai, India$26.82M10
Provider of prepaid cards, UPI payments, mobile recharge, and bill payment
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Detailed competitors of Kodo

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  • Operating metrics
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  • Competitive positioning

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Web traffic of Kodo

The website of Kodo (kodo.com) receives about 12.3K visits a month.

  • Monthly visits
    12.3K

    ▲ 22.6% vs previous month

Similar websites

Websites whose visitors overlap most with Kodo. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
gonefarmers.com
100%
53.5K#382,834View details

Latest news on Kodo

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Complete news archive for Kodo

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  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to Kodo

10 companies that operate in the same segment as Kodo (HR & Workforce Technology), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Anonymous employee reviews and job search platform are operated.
2007San Francisco, California, United StatesUSD 201.5 M––
Cloud-based LMS platform for IT industry
2004Farmington, United StatesUSD 235.41 MUSD 4.95 M260
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M––
Business spends, payments, and rewards are streamlined by automated workflows.
2011Hyderabad, Telangana, IndiaUSD 13.75 MUSD 149.43 M431
Virtual physical therapy and digital pain care solutions are provided.
2015San Francisco, California, United StatesUSD 854.44 M––
Cloud-based HR and financial software is delivered to enterprises.
2005Pleasanton, California, United StatesUSD 352.3 MUSD 9.53 B20,400
Businesses are connected with freelancers via an online marketplace.
1999San Francisco, California, United StatesUSD 140 MUSD 787.78 M600
Tech-enabled mental health solutions for employers are provided.
2016New York, New York, United StatesUSD 508.73 M––
SaaS-driven credit card and spend management solutions platform for businesses
2017Draper, Utah, United StatesUSD 1.16 B–1
Cloud-based HRMS software is offered for small and medium-sized businesses.
2016Barcelona, Catalonia, SpainUSD 369.25 M––
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Frequently Asked Questions about Kodo

Kodo was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Kodo is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Kodo is a funded company, having raised a total of $9.58M across 3 funding rounds to date. The company's 1st funding round was a Seed of $8.75M, raised on May 2021.

Kodo has 39 employees.

The primary company behind Kodo, Kodo Technologies Private Limited, reported revenue of β‚Ή5.44 Cr for FY 2025, down 15% year on year.

Next-generation solutions for procure-to-pay, corporate cards, accounts payable automation, and vendor payouts are offered by Kodo. Businesses ranging from startups to enterprises are supported with scalable processes, automated compliance, and real-time insights. Operational excellence is ensured through dynamic workflows, robust integrations with ERP systems, and seamless collaboration tools. Spend visibility and policy alignment are prioritized to empower timely decisions across complex operations in the financial technology sector.

Kodo's top competitors include Zaggle, Concur and Sodexo.

Kodo offers Purchase Request, Corporate Cards, Invoices (AP), and Vendor Payments.

Kodo has 5 investors. Key investors include Brex, Leonis Investment, Y Combinator, Goat Capital, and Pioneer Fund.

Kodo operates through Kodo Technologies Private Limited.

The legal entities of Kodo currently have 2 directors, including Deepti Sanghi, Gaurav Thapa.

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