About Kynd
Kynd is a company based in Burleigh Heads (Australia) founded in 2017 by Michael M was acquired by nib in July 2023.. Kynd has raised $2 million across 1 funding round from investors including nib, Gandel Invest and Glen Richards. Kynd offers products and services including Kynd Platform and Booking System. Kynd operates in a competitive market with competitors including The Mighty, MemoryWell, Sociability, Yoocan and Grapes Club, among others.
- Headquarter Burleigh Heads, Australia
- Founders Michael M
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Sectors
Healthcare
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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 Kynd Pty. Ltd.
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Products & Services of Kynd
Kynd offers a comprehensive portfolio of products and services, including Kynd Platform and Booking System. 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.
System for connecting NDIS participants with verified support workers.
Tool for managing NDIS support requests and payments securely.
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Funding Insights of Kynd
Kynd has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in November 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 Total Funding
- Total Rounds 1
- Last Round Seed — $2.0M
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First Round
First Round
(03 Nov 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2021 | Amount | Seed - Kynd | Valuation | Gandel Invest |
| 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 Kynd
Kynd has secured backing from 3 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include nib, Gandel Invest and Glen Richards. 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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Investments are made in web3, travel, and sports tech startups.
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Founded Year | Domain | Location | |
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Provider of health and medical insurance services
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Founded Year | Domain | Location | |
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GR
Glen Richards |
Australian entrepreneur, angel investor, known for Greencross and Shark Tank Australia.
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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 Kynd
| 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 - Kynd
| 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 |
Kynd Comparisons
Competitors of Kynd
Kynd 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 The Mighty, MemoryWell, Sociability, Yoocan and Grapes Club, 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 |
An online platform connects individuals with disabilities for mutual support.
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| domain | founded_year | HQ Location |
Online social platform for elderly care and life path archiving
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| domain | founded_year | HQ Location |
Online platform that provides travel guides for disabled people
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| domain | founded_year | HQ Location |
Online community platform for people with disabilities
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| domain | founded_year | HQ Location |
An app-based social platform designed for people with disabilities.
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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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Frequently Asked Questions about Kynd
When was Kynd founded?
Kynd was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is Kynd located?
Kynd is headquartered in Burleigh Heads, Australia. It is registered at Burleigh Heads, Queensland, Australia.
Is Kynd a funded company?
Kynd is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on Nov 03, 2021.
What does Kynd do?
Kynd was founded in 2017 in Burleigh Heads, Australia, as a provider of an online platform in the disability support sector. Profiles are set up by disabled individuals, NDIS participants, support workers, coordinators, and family members to enable matching based on specific needs. Personalized local support is located, and bookings are arranged through integrated chat messaging. Operations focus on facilitating accessible connections within Australia.
Who are the top competitors of Kynd?
Kynd's top competitors include The Mighty, MemoryWell and Yoocan.
What products or services does Kynd offer?
Kynd offers Kynd Platform and Booking System.
Who are Kynd's investors?
Kynd has 3 investors. Key investors include nib, Gandel Invest, and Glen Richards.
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