# Kafene

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kafene

- Industry: Financial Services
- Headquarters: New York, US
- Website: www.kafene.com/
- Total disclosed funding: $56M
- Latest round: Series B (Jun 21, 2023)
- Investors on record: 12

## About

Based in New York, US, and founded in 2019 by co-founders Neal Desai (CEO) and James Schuler, Kafene, Inc. operates as a provider of a digital lease-to-own platform that offers flexible purchasing options to consumers looking for affordable ownership solutions. In January 2024, Kafene, Inc. raised USD 15 million in venture debt funding from Trinity Capital.

The company provides a digital lease-to-own platform that offers flexible purchasing options to consumers. The platform's services include instant approval and customized lease pricing. Moreover, the firm offers solutions such as payment processing, servicing, and underwriting. Additionally, the company also provides services such as application processing and flexible payment scheduling.

## Funding rounds

- Series B, Jun 21, 2023, $13M — Third Prime Capital
- Series B, May 11, 2022, $14M — Valar, FJ Labs, Third Prime Capital, Gaingels, Company Ventures, Uncorrelated Ventures, Xffirmers
- Series A, Oct 8, 2021, $15M — Valar, FJ Labs, Third Prime Capital, Flucas Ventures
- Series A, Mar 18, 2021, $14M — Valar, Global Founders Capital, FJ Labs, Third Prime Capital, Gaingels, Company Ventures, Hermann Companies Inc., Uncorrelated Ventures, Republic Capital, Flucas Ventures
- Seed, Jun 19, 2019 — Valar, Third Prime Capital, Upper90

## Investors

- Valar (https://capitalatlas.ai/funds/valar) — Seed, Series A, Series B
- Third Prime Capital (https://capitalatlas.ai/funds/third-prime-capital) — Seed, Series A, Series B
- Upper90 (https://capitalatlas.ai/funds/upper90) — Seed
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Series A
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Series A, Series B
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series A, Series B
- Company Ventures (https://capitalatlas.ai/funds/company-ventures) — Series A, Series B
- Hermann Companies Inc. — Series A
- Uncorrelated Ventures (https://capitalatlas.ai/funds/uncorrelated-ventures) — Series A, Series B
- Republic Capital (https://capitalatlas.ai/funds/republic-capital) — Series A
- Flucas Ventures (https://capitalatlas.ai/funds/flucas-ventures) — Series A
- Xffirmers — Series B