Kong was founded in 2017 by Augusto Marietti, Marco Palladino, and Michele Zonca. Kong has not officially endorsed or confirmed a plan to participate in an IPO.
Kong is a cloud connectivity company that powers APIs and microservices with its open-source API gateway. Per Forge data, Kong raised $169.1 million in funding over 6 rounds. Their latest funding was raised on Feb 8, 2021, from a Series D round. Key investors include CRV, Index Ventures, New Enterprise Associates, and Tiger Global Management.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
11/19/2024 | Series E | $100MM | $xx.xx | $2B | 137 Ventures, Andreessen Horowitz, Balderton, Crv, Index Ventures, Notable Capital, Ontario Teachers' Pension Plan, Sapphire Ventures, Teachers' Venture Growth, Tiger Global Management | |
Price per Share
$xx.xx
Shares Outstanding
9,761,998
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
137 Ventures, Andreessen Horowitz, Balderton, Crv, Index Ventures, Notable Capital, Ontario Teachers' Pension Plan, Sapphire Ventures, Teachers' Venture Growth, Tiger Global Management
|
||||||
02/08/2021 | Series D | $100.6MM | $xx.xx | $1.41B | Andreessen Horowitz, Crv, Ggv Capital, Goldman Sachs, Index Ventures, Tiger Global Management | |
Price per Share
$xx.xx
Shares Outstanding
11,581,609
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Crv, Ggv Capital, Goldman Sachs, Index Ventures, Tiger Global Management
|
||||||
03/28/2019 | Series C | $54.7MM | $xx.xx | $484.36MM | Andreessen Horowitz, Crv, Ggv Capital, Index Ventures, World Innovation Lab | |
Price per Share
$xx.xx
Shares Outstanding
16,626,460
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Crv, Ggv Capital, Index Ventures, World Innovation Lab
|
||||||
03/23/2017 | Series B | $20.76MM | $xx.xx | $89.07MM | Andreessen Horowitz, Crv, Index Ventures | |
Price per Share
$xx.xx
Shares Outstanding
30,390,728
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Crv, Index Ventures
|
||||||
11/21/2013 | Series A | $8.5MM | $xx.xx | $24.43MM | Crv, Index Ventures, Stanford University | |
Price per Share
$xx.xx
Shares Outstanding
31,948,608
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Crv, Index Ventures, Stanford University
|
||||||
08/12/2011 | Series Seed | $1.01MM | $xx.xx | $3.38MM | Crv, Ignition Partners, Index Ventures, Innovation Endeavors, Mucker Capital, New Enterprise Associates | |
Price per Share
$xx.xx
Shares Outstanding
9,369,780
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Crv, Ignition Partners, Index Ventures, Innovation Endeavors, Mucker Capital, New Enterprise Associates
|