About Kofluence
Kofluence is a company based in Bengaluru (India) founded in 2018 by Sreeram Reddy Vanga and Ritesh Ujjwal. Kofluence has raised $5.33 million across 2 funding rounds from investors including LetsVenture, Upsparks Capital and unknown. The company has 93 employees as of April 06, 2024.
- Headquarter Bengaluru, India
- Employees 93 as on 06 Apr, 2024
- Founders Sreeram Reddy Vanga, Ritesh Ujjwal
- Stage Minicorn
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Sectors
Technology
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Kofluence Tech Private Limited
- Date of Incorporation 31 Jan, 2020
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$2.95 M (USD)271.7as on Mar 31, 2023
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Net Profit
-$895.82 K (USD)-121.28as on Mar 31, 2023
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EBITDA
-$869 K (USD)-124.79as on Mar 31, 2023
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Total Equity Funding
$5.33 M (USD)
in 2 rounds
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Latest Funding Round
$750.07 K (USD), Seed
Oct 08, 2024
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Investors
LetsVenture
& 20 more
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Employee Count
93
as on Apr 06, 2024
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People of Kofluence
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Funding Insights of Kofluence
Kofluence has successfully raised a total of $5.33M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $750.07 thousand completed in October 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.
Investors in Kofluence
Kofluence has secured backing from 21 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include LetsVenture, Upsparks Capital and unknown.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Micro venture capital fund focused on tech startups
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Locked | Locked | Locked | |
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Investments are made in multi-stage tech-focused startups.
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Locked | Locked | Locked | |
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Venture capital funding is provided to innovative startups in India.
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Locked | Locked | Locked |
Investor details for Kofluence
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Investments & Acquisitions by Kofluence
Investment portfolio details for Kofluence
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Financial Statements - Kofluence
Detailed financials for Kofluence
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Kofluence Comparisons
Peer comparison for Kofluence
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Competitors of Kofluence
Detailed competitors of Kofluence
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Latest news on Kofluence
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Frequently Asked Questions about Kofluence
Kofluence was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Kofluence is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Sreeram Reddy Vanga is the current CEO of Kofluence. They have also founded this company.
Kofluence is a funded company, having raised a total of $5.33M across 2 funding rounds to date.
As of Apr 06, 2024, the latest employee count at Kofluence is 93.
Annual revenue of Kofluence is $2.95M as on Mar 31, 2023.
Kofluence was founded in 2018 in Bengaluru, India, within the AI technology sector focused on influencer marketing. A platform is provided for brands and influencers to collaborate on campaigns via Instagram and Facebook. Services include planning, execution, and tracking of marketing initiatives to streamline operations. The application supports optimization of influencer engagements for business purposes.
Kofluence has 21 investors. Key investors include LetsVenture, Upsparks Capital, unknown, Nikhil Kamath, and Kunal Shah.
The valuation of Kofluence is $33.39M as of Oct 2024.