202118 Nov

Kandji pulls in $100M Series C on $800M valuation, up 10x since last year –

Summary

Kandji, the startup building an Apple device management business, has been doing pretty well for itself, with rapidly growing revenue, a fat valuation and lots of investment capital rolling in. The company offers medium-to-large businesses a way to manage their Apple devices, and founder and CEO Adam Pettit says that the pandemic and working from home really drove inbound customer interest. We do very little to no marketing internationally, but we’ve seen that over the last year, roughly 25% of our top line revenues comes internationally.” He is also seeing bigger customers more generally, who are becoming more comfortable that Kandji is in it for the long haul with this level of investment. Earlier this year, when I spoke to him around the Series B, Pettit talked about how important it was to build a diverse and inclusive culture, and that it started with recruiting. The other thing that’s been great for [building diversity] for us, and I’d imagine for a lot of other companies, is being able to hire remotely means that we’re not targeting one specific market.

Source: Techcrunch

Funding

$100M
Amount
Nov 18 2021
Date
-
Investor
Kandji
Company

Classifications

Companies