Kin

Kin IPO

$1B
Series D-5 Valuation, Feb 2024
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Company Details

Kin Insurance was founded in 2016 by Jason Heidkamp, Lucas Ward, Sean Harper, Sebastian Villarreal, and Stephen Wooten. In 2021 the company announced plans to go public via SPAC merger, though the company later cancelled the deal due to “current unfavorable market conditions.”

Kin is a direct-to-customer home insurance company that uses data to provide affordable coverage to homeowners in catastrophe-prone regions. The company has raised more than $390 million in venture capital funding from investors including Runway Growth Capital, Avenue Capital Group, Skyline Capital Management, Hudson Structured Capital Management, and Group1001.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

Sector
Subsector
Founded
2016
Headquarters
Kingsport, TN, United States
Forge Price 1
Price not yet available
Post-Money Valuation 3
$1B
Total Funding
$1.69B
LFR Price per Share
$xx.xx
Last Funding Share Class
Series D-5

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Can you invest in Kin pre-IPO?

Kin is a privately held company and is not publicly traded, therefore investing in Kin pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.

Can you sell shares of Kin before it goes public?

You can seek to sell your shares in Kin while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.

What is the pre-IPO value of my Kin shares?

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Is Kin a publicly traded company?

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To learn more about Kin potential IPO

Will Kin go IPO?

Kin has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2025.

What is Kin’s IPO price?

The Kin IPO price does not exist at this time, as Kin is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Kin register for Forge Markets, today.

When was Kin founded?

Kin was founded in 2016.

What is Kin funding to date?

Kin has raised $1.69B to date.
Kin Major Investors
Qed Investors
Alpha Edison
Picus Capital
Senator Investment Group
August Capital
Linkedin
500 Global
University Of Chicago
Square
Portage Ventures
500 Startups
Avanta Ventures
Portag3 Ventures
Commerce Ventures
Facebook
Geodesic Capital
Industry Ventures
Activate Capital
Allegis Nl Capital
Proof.Vc
Avant
Omidyar Network
Hudson Structured Capital Management
Flourish Ventures
Capital One
Symphony Ventures
Chicago Ventures

Kin Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
02/05/2024 Series D-5 $5MM $xx.xx $1B Activate Capital
Price per Share
$xx.xx
Shares Outstanding
227,272
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Activate Capital
03/01/2022 Series D-3 $95MM $xx.xx $873.87MM Allegis Nl Capital, Alpha Edison, August Capital, Avanta Ventures, Commerce Ventures, Flourish Ventures, Geodesic Capital, Hudson Structured Capital Management, Proof.Vc, Qed Investors
Price per Share
$xx.xx
Shares Outstanding
1,579,924
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Allegis Nl Capital, Alpha Edison, August Capital, Avanta Ventures, Commerce Ventures, Flourish Ventures, Geodesic Capital, Hudson Structured Capital Management, Proof.Vc, Qed Investors
03/01/2022 Series D-4 $5MM $xx.xx $873.87MM Allegis Nl Capital, Alpha Edison, August Capital, Avanta Ventures, Commerce Ventures, Flourish Ventures, Geodesic Capital, Hudson Structured Capital Management, Proof.Vc, Qed Investors
Price per Share
$xx.xx
Shares Outstanding
83,153
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Allegis Nl Capital, Alpha Edison, August Capital, Avanta Ventures, Commerce Ventures, Flourish Ventures, Geodesic Capital, Hudson Structured Capital Management, Proof.Vc, Qed Investors
06/03/2021 Series D-1 $60.5MM $xx.xx $601.3MM Flourish Ventures, Hudson Structured Capital Management, Senator Investment Group, Symphony Ventures
Price per Share
$xx.xx
Shares Outstanding
1,303,119
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Flourish Ventures, Hudson Structured Capital Management, Senator Investment Group, Symphony Ventures
06/03/2021 Series D-2 $16.13MM $xx.xx $601.3MM Flourish Ventures, Hudson Structured Capital Management, Senator Investment Group, Symphony Ventures
Price per Share
$xx.xx
Shares Outstanding
347,495
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Flourish Ventures, Hudson Structured Capital Management, Senator Investment Group, Symphony Ventures
08/13/2020 Series B-1 $23.56MM $xx.xx $180.64MM Allegis Nl Capital, Alpha Edison, August Capital, Avanta Ventures, Flourish Ventures, Hudson Structured Capital Management, Qed Investors, University Of Chicago
Price per Share
$xx.xx
Shares Outstanding
1,569,540
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Allegis Nl Capital, Alpha Edison, August Capital, Avanta Ventures, Flourish Ventures, Hudson Structured Capital Management, Qed Investors, University Of Chicago
08/13/2020 Series B-3 $3.08MM $xx.xx $180.64MM Allegis Nl Capital, Alpha Edison, August Capital, Avanta Ventures, Flourish Ventures, Hudson Structured Capital Management, Qed Investors, University Of Chicago
Price per Share
$xx.xx
Shares Outstanding
351,181
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Allegis Nl Capital, Alpha Edison, August Capital, Avanta Ventures, Flourish Ventures, Hudson Structured Capital Management, Qed Investors, University Of Chicago
08/13/2020 Series B-2 $12.62MM $xx.xx $180.64MM Allegis Nl Capital, Alpha Edison, August Capital, Avanta Ventures, Flourish Ventures, Hudson Structured Capital Management, Qed Investors, University Of Chicago
Price per Share
$xx.xx
Shares Outstanding
1,525,203
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Allegis Nl Capital, Alpha Edison, August Capital, Avanta Ventures, Flourish Ventures, Hudson Structured Capital Management, Qed Investors, University Of Chicago
02/15/2018 Series A $12.86MM $xx.xx $52.24MM August Capital, Commerce Ventures
Price per Share
$xx.xx
Shares Outstanding
1,954,831
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
August Capital, Commerce Ventures
08/01/2017 Series Seed-1 $3.46MM $xx.xx $14.4MM 500 Startups, Avant, Capital One, Chicago Ventures, Commerce Ventures, Facebook, Linkedin, Omidyar Network, Portag3 Ventures, Square
Price per Share
$xx.xx
Shares Outstanding
1,111,127
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
500 Startups, Avant, Capital One, Chicago Ventures, Commerce Ventures, Facebook, Linkedin, Omidyar Network, Portag3 Ventures, Square
08/01/2017 Series Seed-6 $44,996.40 $xx.xx $14.4MM 500 Startups, Avant, Capital One, Chicago Ventures, Commerce Ventures, Facebook, Linkedin, Omidyar Network, Portag3 Ventures, Square
Price per Share
$xx.xx
Shares Outstanding
18,047
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
500 Startups, Avant, Capital One, Chicago Ventures, Commerce Ventures, Facebook, Linkedin, Omidyar Network, Portag3 Ventures, Square
08/01/2017 Series Seed-5 $234,994.47 $xx.xx $14.4MM 500 Startups, Avant, Capital One, Chicago Ventures, Commerce Ventures, Facebook, Linkedin, Omidyar Network, Portag3 Ventures, Square
Price per Share
$xx.xx
Shares Outstanding
113,101
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
500 Startups, Avant, Capital One, Chicago Ventures, Commerce Ventures, Facebook, Linkedin, Omidyar Network, Portag3 Ventures, Square
08/01/2017 Series Seed-4 $344,995.85 $xx.xx $14.4MM 500 Startups, Avant, Capital One, Chicago Ventures, Commerce Ventures, Facebook, Linkedin, Omidyar Network, Portag3 Ventures, Square
Price per Share
$xx.xx
Shares Outstanding
207,555
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
500 Startups, Avant, Capital One, Chicago Ventures, Commerce Ventures, Facebook, Linkedin, Omidyar Network, Portag3 Ventures, Square
08/01/2017 Series Seed-3 $19,999.85 $xx.xx $14.4MM 500 Startups, Avant, Capital One, Chicago Ventures, Commerce Ventures, Facebook, Linkedin, Omidyar Network, Portag3 Ventures, Square
Price per Share
$xx.xx
Shares Outstanding
16,043
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
500 Startups, Avant, Capital One, Chicago Ventures, Commerce Ventures, Facebook, Linkedin, Omidyar Network, Portag3 Ventures, Square
08/01/2017 Series Seed-2 $124,999.49 $xx.xx $14.4MM 500 Startups, Avant, Capital One, Chicago Ventures, Commerce Ventures, Facebook, Linkedin, Omidyar Network, Portag3 Ventures, Square
Price per Share
$xx.xx
Shares Outstanding
151,086
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
500 Startups, Avant, Capital One, Chicago Ventures, Commerce Ventures, Facebook, Linkedin, Omidyar Network, Portag3 Ventures, Square
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CerebrasCerebras$36.58+0.03%$xx.xxSeries F-1$2.84B$xx.xx$85MM
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ChimeChime$26.50+6.6%$xx.xxSeries G$24.93B$xx.xx$1.1B
KlarnaKlarna$447.67+20.99%$xx.xxUnknown------
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CircleCircle$25.50+3.2%$xx.xxSeries F$8.05B$xx.xx$401MM
NetskopeNetskope$12.03+8.67%$xx.xxSeries H$7.5B$xx.xx$300MM
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Updated on: Feb 13, 2025

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