Total amount raised
$550 Millions
Latest funding date
5/1/2021
Location
Kajabi has successfully raised significant funding through multiple rounds, attracting notable investors such as Owl Rock Capital and TPG. The platform offers a comprehensive suite of tools designed to help creators build and scale their businesses online.
Keep reading to explore the intricacies of Kajabi's fundraising journey and the investors backing this innovative platform.
What Is Kajabi?
Kajabi, founded in 2009 by Kenny Rueter and Travis Rosser, is headquartered in Irvine, California. The platform serves as an all-in-one knowledge commerce solution, enabling creators to build and scale their businesses online.
With a robust suite of tools, Kajabi helps users package their expertise into profitable online courses, coaching programs, membership sites, and more. The platform also offers features like email marketing, community building, and podcast hosting.
Employing between 251-500 people, Kajabi continues to innovate and support creators in monetizing their knowledge effectively.
How Much Funding Has Kajabi Raised?
- Private Equity Round
- Amount Raised: $550 million
- Date: May 4, 2021
- Lead Investors: Tiger Global Management
- Valuation at Round: Over $2 billion
- Motivation Behind the Round: To scale the team, build new products, expand internationally, and explore strategic mergers and acquisitions.
- Private Equity Round
- Amount Raised: Not publicly disclosed
- Date: November 8, 2019
- Lead Investors: Spectrum Equity
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support growth and expand market reach.
Total Amount Raised: $550 million
Current Valuation: Over $2 billion
Key Investors
- Tiger Global Management
- Details: Tiger Global Management is a leading global investment firm that focuses on private and public companies in the global Internet, software, consumer, and financial technology industries. Founded in 2001, the firm has offices in New York, Hong Kong, Singapore, Bangalore, and Melbourne.
- Investment Focus Areas: Internet, software, consumer, financial technology
- Notable Investments: Facebook, LinkedIn, Spotify
- TPG
- Details: TPG is a global alternative asset firm with over $91 billion in assets under management. Founded in 1992, TPG has offices in multiple cities including Beijing, Fort Worth, Hong Kong, London, and San Francisco.
- Investment Focus Areas: Private equity, growth capital, real estate, public equity
- Notable Investments: Airbnb, Uber, Spotify
- Tidemark
- Details: Tidemark is an investment firm that partners with high-growth companies to help them scale. The firm focuses on category-leading technology companies.
- Investment Focus Areas: Technology companies
- Notable Investments: Toast, ServiceTitan
- Owl Rock Capital
- Details: Owl Rock Capital is a division of Blue Owl, a global alternative asset manager. The firm focuses on direct lending and providing capital solutions to middle-market companies.
- Investment Focus Areas: Direct lending, capital solutions for middle-market companies
- Notable Investments: Blue Owl, other middle-market firms
- Spectrum Equity
- Details: Spectrum Equity is a growth equity firm that invests in internet-enabled software and information services companies. With over 25 years of experience, the firm partners with entrepreneurs and management teams to support growth.
- Investment Focus Areas: Internet-enabled software, information services companies
- Notable Investments: Ancestry.com, Grubhub, SurveyMonkey
What's Next for Kajabi?
As Kajabi looks to the future, the opportunities are vast. The platform is poised to capitalize on the growing knowledge economy, with plans to scale its team, build new products, and expand internationally. The recent $550 million funding round underscores the potential for further growth and strategic acquisitions, setting the stage for Kajabi to become a dominant player in the industry.
However, with rapid growth comes challenges. Managing expansion efficiently, staying competitive, and integrating acquisitions smoothly will be critical. As the market evolves, Kajabi's ability to adapt and innovate will determine its long-term success. Future fundraising rounds may be necessary to support these ambitious goals.
Use Clay to Get Funding Data
Sales professionals, take your strategy to the next level by leveraging Clay's platform to access comprehensive fundraising data on companies like Kajabi and gather other critical business insights.
Sign up for free on Clay and start making data-driven decisions today.
