Kinnek

Kinnek

  • FOUNDING YEAR: 2012
    LOCATION:
    United States
    REGION:
    NY
    Last Update:
    18 Oct, 2019

Description

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:
Viewable by subscribers only
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

MEDICI analysts will analyze Kinnek soon

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$31.5 Millions
SEED & PRIOR FUNDING:
$1.5 Millions
SEED PRIOR FUNDING COMMENT:
An additional undisclosed amount funded in Nov 2012.
FUNDING SERIES:
SERIES A
$10 Million Closed:
SERIES B
$20 Millions Closed:
LISTED:
NO

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