kennek has raised $4.5m pre-seed funding!

We’re thrilled to announce that kennek has raised a $4.5m pre-seed funding round

The round was led by DFF (Dutch Founders Fund)and joint with ff Venture Capital and Plug and Play Europe.

The fact we were able to complete the raise in today’s tough fundraising environment is testament to…

• The value of kennek’s software for lenders
• The strength of our team
• Our vision to revolutionise the world of private credit and enable more funding to flow to the real economy

In just one year of operations, we have:

• Scaled our team to 20+ kennektors
• Launched a comprehensive operating system for alternative lenders that helps lenders to manage everything from loan origination and servicing & monitoring, to portfolio management and investor reporting. All without the need to develop anything in-house.
• Secured commercial wins with clients across SME lending, R&D tax credits and Real Estate
• Our ultimate goal is to supercharge the growth of alternative lenders with complete, easy-to-use software
• We think the result will be a win for all; removing operational & funding frictions lets lenders scale their business, and gives small & medium-sized businesses access to the capital they need

But don’t just take our word for it… listen to what Laurens Groenendijk (DFF (Dutch Founders Fund), Co-founder Just Eat) has to say:

“Xavier De Pauw, Thibault Lancksweert and Edmund Parsons bring such varied and necessary experience together to address the inefficiencies of lending. The uniquely designed product and lending rails that kennek is creating will make it much easier for lenders worldwide to launch, operate and scale.”

And now…. it’s time for us to focus on building.

We can’t wait to show you what we’ve got in store!