Kinnek

b2b fintech

FOUNDING YEAR: 2012
LOCATION: United States
Last Update: 01/05/2020

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About

Kinnek help businesses owners research their purchases more easily by connecting them with most relevant suppliers, getting them customized quotes from those suppliers, evaluating the quotes, and in negotiate with those suppliers through a single platform.

Focus

PRODUCTS & SERVICES

Kinnek is the marketplace for small businesses to find suppliers and manage purchasing. The marketplace allows small business owners to research necessary supplies, connecting them with relevant suppliers, allowing to get customized quotes from those suppliers, evaluate the quotes, and negotiate with those suppliers - all in a single space.

REVENUE MODEL

Subscription-based model. Supplier may be required to pay a subscription fee to Kinnek.

MAIN CLIENTS

Hoochy Booch Kombucha (Vancouver

BC)

City Winery (Napa

CA)

O'Beehave Naturals (Babylon

NY)

Stumblin' Monkey Brewing (Victor

NY)

Heroic Aleworks LI (Woodbridge

VA)

Griess Family Brews Llc (Grants Pass

OR)

Five Thousand Forms Consulting (Fogelsville

PA)

Suspended Brewing Company (Rockville

MD)

Elite e-Juice (Burleson

TX)

PRIMARY PROBLEM SOLVED

Small business owners are facing difficulties when it comes to buying things for their businesses. They can't just walk into a typical store or shop on the usual consumer-focused websites, because their requirements were more customized. They need customized equipment, customized machinery, supplies in customized quantities - and they often don't have resources necessary to have a dedicated team of purchasing managers to handle all that complexity. Kinnek helps small business owners to ease research connecting them with relevant suppliers, allows to get customized quotes from those suppliers, evaluate the quotes, and negotiate with those suppliers, in a single space.

People

FOUNDERS

Karthik Sridharan

NUMBER OF EMPLOYEES

11-50

Momentum

FUNDED

YES

TOTAL FUNDING

$31.5 M

SEED & PRIOR FUNDING

$1.5 M

SEED PRIOR FUNDING COMMENT

An additional undisclosed amount funded in Nov 2012.

FUNDING SERIES

SERIES A  · $10 M  · ---

SERIES B  · $20 M  · ---

LISTED

NO

BASICS

FOUNDING YEAR:

2012

LOCATION:

United States

Views:

33 VISITORS | 43 VIEWS
LATEST FUNDING ROUND

$31.5 M

TOTAL EMPLOYEES
11-50

About

Kinnek help businesses owners research their purchases more easily by connecting them with most relevant suppliers, getting them customized quotes from those suppliers, evaluating the quotes, and in negotiate with those suppliers through a single platform.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

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