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Kanda (yc W21)

Kanda (yc W21)

A platform for contractors to offer "buy now, pay later" financing

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Security Type
Equity
Categories
Building & Construction
Min Investment
$100
Location
Dover, United Kingdom
Offering Date
April 15, 2021
Expected Close Date
July 14, 2021

Company Description

We let contractors buy now and pay later providing a platform for their financing.

Perks

Invest $250 receive T-shirt and hat to make you one of the team.

Key Deal Facts

$8K MRR; growing 25% MoM
Just raised $5M debt facility, so customers can offer 0% finance
Closed $400k on these terms so far, including from PlanGrid's cofounders
Team with 10+ years of industry experience
$70B total addressable market in Europe + USA

Management Team / Advisory Board Bios

Phillip Daneshyar, CEO
Built app to detect dehydration in under 60s. Economics Major from York Uni. Known Rich & Rob for 15 years. Richard spent 10 years as an electrician and would constantly lose out on work to larger contractors who could offer payment plans to their customers. So he got together with Phil and Rob to help small businesses just like his fight back against big companies.

Richard Fleeman, COO
Industry expert - He was a general contractor for 10+ years. Experienced the problem of not being able to offer finance as a contractor firsthand.

Robert Gallagher, CTO
Has a Ph.D in Astrophysics from Cambridge where he discovered a new star formation. Richard’s cousin and known Phil since childhood.
Amount Raised : $0
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Security Description

Equity is a stock or any other security representing a direct ownership interest.

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