# Kikoff

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

- Industry: Financial Services
- Headquarters: San Francisco, US
- Website: www.kikoff.com
- Total disclosed funding: $43M
- Latest round: Series B (May 28, 2021)
- Investors on record: 8

## About

Based in California, US, and founded in 2019, Kikoff Inc. operates as a fintech company that provides a mobile application that enables customers to manage their credits. The company was co-founded by Christophe Chong and Cynthia Chen. In June 2021, Kickoff raised USD 30 million in Series B funding from Coatue Management, GGV Capital, Lightspeed Venture Partners, and Sagard.

Kikoff offers a personal finance platform that allows users to sign up for a credit account, spend or use the allotted $500 line for a credit card, and track payments and card balances through a mobile application.

The company generates revenue by charging administrative fees of $8.95-$25 for installment and $9 for a credit card. Annual fees charged $25-$35 for a credit card. Kickoff charges late fees of 5% monthly payment and $15-$38. Maximum APR charges 13.50-15.92% for installment and 17-23.74% for a credit card. And the annual finance charges an $89-$128.

Kikoff plans to increase its team to more than 50 people by the end of 2021 and scale its product and operations.

## Funding rounds

- Series B, May 28, 2021, $30M — Lightspeed Venture Partners, Granite Asia, Coatue Management, Core Innovation Capital, Sagard
- Series A, Jul 1, 2020, $10M — Lightspeed Venture Partners, Foundation Capital, Granite Asia, Coatue Management, Core Innovation Capital
- Seed, Nov 18, 2019, $2.5M — Lightspeed Venture Partners, Foundation Capital, Granite Asia, Coatue Management, Core Innovation Capital, Female Founders Fund, Abstract Ventures

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Seed, Series A, Series B
- Foundation Capital (https://capitalatlas.ai/funds/foundation-capital) — Seed, Series A
- Granite Asia (https://capitalatlas.ai/funds/granite-asia) — Seed, Series A, Series B
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Seed, Series A, Series B
- Core Innovation Capital (https://capitalatlas.ai/funds/core-innovation-capital) — Seed, Series A, Series B
- Female Founders Fund (https://capitalatlas.ai/funds/female-founders-fund) — Seed
- Abstract Ventures (https://capitalatlas.ai/funds/abstract-ventures) — Seed
- Sagard (https://capitalatlas.ai/funds/sagard) — Series B