Kettle

The hybrid work platform building a more human workplace

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Categories
Technology, Financial Services
Min Investment
$250
Location
New York, NY
Expected Close Date
April 30, 2023
Target Raise
$50.00K-$809.00K
No. Investors
138
Security Price
$0.22
Valuation
$9,133,000
Website
kettleos.com
Number of Employees
10
Cash
$559,960
Revenue
$277,107
Short Term Debt
$430,555
Cost of Goods
$176,970
Long Term Debt
$350,625
Net Income
$-1,961,193

Key Deal Facts

🏆 World-class leadership team from WeWork, Wayfair, & Intuit
🚀 CEO has led companies to generate $70M+ in revenue & sell 10M consumer products
🎯 $250,000 annual recurring revenue (ARR) since Q4 2021 launch
📈 Clients include New York University, iHeartRadio, & LeagueApps
🔥 100,000+ bookings powered by software
💸 $5T traditional office space market is undergoing transformation NOW
💰 $1M in projected ARR run rate within 12 months
📣 Featured in Bloomberg, Business Insider, MorningBrew, Wired, and Forbes

Management Team / Advisory Board Bios

Nick Iovacchini CEO & Co-FounderSerial entrepreneur (3x $0 to $1M+ in revenue). Experience scaling companies to $70M+ in revenue and to 10M consumer products sold. Rice University, Economics BA & George Washington University, International Finance MA., Ryan Donohue CTO and Co-FounderProduct leader and technology ace. Former Head of Product at Wayfair. 20+ years experience leading product and engineering teams for growth stage and Fortune 500 companies. Bentley University, Computer Information Systems BS., Dan Rosenzweig Head of Business Development & Co-FounderFuture of work visionary. Selected Nasdaq Business Rockstar. Early WeWork; facilitated WeWork expansion to 4.5M square feet of locations in 35 cities across 6 continents. Vanderbilt University, Economics & History BA., Jeff Hoffer VP of EngineeringEngineering whiz. 20+ years experience building platforms from 0 to 10M+ users, including at DocStoc (acquired by Intuit for $50M), Bouqs, Bank of America, and Bluebeam. University of Southern California, BS Computer Science., Janna Donohue, Ryan Donohue
Amount Raised : $1,717,849
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