Total amount raised
$42.5 Millions
Latest funding date
06/01/2021
Location
Kikoff has developed a platform that offers credit-building services, including credit builder plans, credit reporting, and secured credit cards. The company emphasizes transparency with no credit checks, hidden fees, or interest, making it accessible for users looking to improve their credit scores.
With various plans starting at $5 per month, Kikoff provides tools for tracking credit progress, reporting rent payments, and protecting privacy. Keep reading to explore the intricacies of Kikoff's fundraising journey and the investors backing this innovative platform.
What Is Kikoff?
Kikoff is a financial technology company dedicated to helping users build credit. The company operates in the Fin-Tech industry and is based in Reno, NV.
Offering credit-building services with no credit checks, hidden fees, or interest, Kikoff provides various plans starting at $5/month. They report to all three major credit bureaus and offer additional tools like rent reporting and a secured credit card to help users improve their credit scores.
With a focus on transparency and customer satisfaction, Kikoff has garnered high ratings and positive reviews from its users.
How Much Funding Has Kikoff Raised?
- Seed Round
- Amount Raised: $2.5M
- Date: November 2019
- Lead Investors: Lightspeed Venture Partners
- Series A
- Amount Raised: $10M
- Date: July 2020
- Lead Investors: Lightspeed Venture Partners
- Series B
- Amount Raised: $30M
- Date: June 2021
- Lead Investors: Portage Ventures
In total, Kikoff has raised $42.5M in funding.
Key Investors
- Portage Ventures
- Details: Portage Ventures is a global investment firm that focuses on early and growth-stage financial technology companies. They aim to support innovative startups that are transforming the financial services industry.
- Investment Focus Areas: Fintech, Insurtech, Wealth Management
- Notable Investments: Wealthsimple, Borrowell, Koho
- Lightspeed Venture Partners
- Details: Lightspeed Venture Partners is a multi-stage venture capital firm that invests in the enterprise, consumer, and health sectors. They have a strong track record of backing successful startups and helping them scale.
- Investment Focus Areas: Enterprise, Consumer, Health
- Notable Investments: Snap, Affirm, Grubhub
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