Napkin

Montreal, Canada Founded: 2016 • Age: 10 yrs
Revenue-based financing is enabled via a P2P investment marketplace.

About Napkin

Napkin is a Financial Services company based in Montreal (Canada) founded in 2016 by Sam Kawtharani and Derek Manuge. Revenue-based financing is enabled via a P2P investment marketplace. It operates on a Revenue Share and Professional Services model. Napkin has raised $20.41 million across 3 funding rounds from investors including Naos Finance and RevTech Labs Capital. Its chief executive, as recorded, is Sam Kawtharani. Napkin offers products and services including Napkin Deals, Revenue Sharing, and Digital Transformation. Its focus areas include Technology, Software & IT Services, Digital Transformation and Finance. Its legal entity is Napkin Inc.

Company details

Napkin is involved in the acquisition of profitable businesses to build a collective for a planned IPO by 2027. Operations span multiple sectors including technology, media, creative, and fintech. Solutions such as revenue sharing, digital transformation, and performance marketing are provided to support acquired companies. The focus is on fostering founder synergy, optimizing operations, and driving growth through cross-selling and global networking. Locations are maintained across Canada, USA, UAE, India, and Ecuador to support a diverse portfolio of companies.

  • Headquarters Montreal, Canada
  • Founders Sam Kawtharani, Derek Manuge
  • Sectors
    Financial Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website corl.io
  • Social LinkedIn X Facebook
  • Legal Name Napkin Inc.
Key Metrics
  • Total Equity Funding
    $20.41M (USD)

    in 3 rounds

  • Latest Funding Round
    $20M (USD), Series A

    Mar 2022

  • Investors

Products & Services of Napkin

Napkin offers a comprehensive portfolio of products and services, including Napkin Deals, Revenue Sharing, and Digital Transformation.

Napkin Deals
Mergers & Acquisitions

Acquisitions are facilitated for businesses targeting IPO growth.

Revenue Sharing
Financial Solutions

Revenue sharing models are offered for business partnerships.

Digital Transformation
Technology Services

Digital transformation services are provided for business optimization.

Funding Insights of Napkin

Napkin has successfully raised a total of $20.41M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $20 million completed in March 2022. 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 $20.41M
  • Total Rounds 3
  • Last Round Series A β€” $20M
  • First Round $411,490

    (Jun 2018)

  • Investors Count 2

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2022$20MSeries A–NAOS
–
Nov 2019Seed––
Jun 2018$411,490Seed––
–
Valuation history

2 investors in total: 2 institutional.

Investors in Napkin

Napkin has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Naos Finance and RevTech Labs Capital.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
rtl.capital
Online marketplace for invoice financing
2020naos.financeSingapore, Singapore
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Investor details for Napkin

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

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of Napkin

2 people are tracked at Napkin (2 in leadership).

NameRoleGroup
Sam Kawtharani
Co-Founder & CEOLeadership
Derek Manuge
Co-Founder & CIOLeadership
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Complete people profiles for Napkin

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Timeline of Napkin

3 dated milestones of Napkin across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Napkin is founded.
  2. Funding First funding round of $411K.
  3. Funding Latest funding round, Series A, of $20.0M.
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Related news about Napkin

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Complete news archive for Napkin

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Frequently Asked Questions about Napkin

Napkin was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Napkin is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.

Sam Kawtharani is the CEO of Napkin, as recorded in our data. They have also founded this company.

Napkin is a funded company, having raised a total of $20.41M across 3 funding rounds to date. The company's 1st funding round was a Seed of $411.49K, raised on Jun 2018.

Napkin is involved in the acquisition of profitable businesses to build a collective for a planned IPO by 2027. Operations span multiple sectors including technology, media, creative, and fintech. Solutions such as revenue sharing, digital transformation, and performance marketing are provided to support acquired companies. The focus is on fostering founder synergy, optimizing operations, and driving growth through cross-selling and global networking. Locations are maintained across Canada, USA, UAE, India, and Ecuador to support a diverse portfolio of companies.

Napkin offers Napkin Deals, Revenue Sharing, and Digital Transformation.

Napkin has 2 investors. Key investors include Naos Finance, and RevTech Labs Capital.

Napkin operates through Napkin Inc..

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