Kinnek
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Kinnek was a buyer-led B2B marketplace that connected small and medium businesses with suppliers of supplies they needed. Instead of suppliers listing goods, SMB owners submitted a request-for-quote with item specifications, and vendors on the platform responded with quotes the buyer could compare; the platform's algorithm alerted the suppliers most likely to carry the requested goods. In September 2014 it raised $10 million led by Matrix Partners, with existing investors including Sierra Ventures, Version One Ventures, Naval Ravikant, CrunchFund, Richard Chen, TriplePoint Ventures and Benjamin Ling.
02 / FAILURE REASONS
Material for this section is being gathered and checked. It will appear here once ready.
03 / EVENT HISTORY
Events in the structured record
- Founded
Kinnek was founded to help small businesses find and purchase supplies online.
- 10 million dollar round
In September 2014 Kinnek raised $10 million from Matrix Partners and others to expand its buyer-led B2B marketplace into new verticals and markets.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.