# Klub Works Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/klub-works-pvt

- Industry: Financial Services
- Headquarters: Bengaluru, India
- Website: www.klubworks.com
- Total disclosed funding: $22M
- Latest round: Seed (Sep 5, 2022)
- Investors on record: 13

## About

Based in Bangalore, India, and founded in 2019, Klub Works Pvt. Ltd. offers a fintech platform that provides growth financing to new-age consumer firms. Anurakt Jain (CEO) and Ishita Verma (COO) are the co-founders of the company. In 2020, the company raised USD 2 million in a pre-seed round from Surge, Sequoia, and a group of angel investors.

The company’s financial technology platform uses Revenue Based Financing (RBF) to provide growth capital to consumer brands through patrons (investors who help provide growth financing to brands on the Klub platform). The platform offers patrons features like curated brands, returns and rewards, portfolio diversification, a strong risk framework, seamless investing and monitoring, and operational risk mitigation. It offers businesses features like flexible repayments, transparent pricing, capital without constraints, and end-to-end support by experts.

The company generates revenue through its product packages which include Klub Blaze (inventory & marketing financing) and Klub Gro (growth capital). The Klub blaze package raises funding of ?10 Lakhs - ?25 Lakhs, and the Klub Gro package raises funding of ?25 Lakhs - ?5 Crores.

## Funding rounds

- Seed, Sep 5, 2022, $10M — GMO VenturePartners, Z Nation Lab, Emphasis Ventures, Alter Global, Surge, 100Unicorns
- Seed, May 10, 2021, $10M — Black Dragon Capital, Amnis Ventures Inc., Moonwhale Ventures
- Seed, Oct 19, 2020, $2M — Better Capital, AngelList, TraxcnLabs, Emphasis Ventures, EMV Capital, Surge, 100Unicorns

## Investors

- Better Capital — Seed
- AngelList — Seed
- TraxcnLabs — Seed
- Emphasis Ventures (https://capitalatlas.ai/funds/emphasis-ventures) — Seed
- EMV Capital (https://capitalatlas.ai/funds/emv-capital) — Seed
- Surge (https://capitalatlas.ai/funds/surge) — Seed
- 100Unicorns (https://capitalatlas.ai/funds/100unicorns) — Seed
- Black Dragon Capital (https://capitalatlas.ai/funds/black-dragon-capital) — Seed
- Amnis Ventures Inc. (https://capitalatlas.ai/funds/amnis-ventures-inc) — Seed
- Moonwhale Ventures (https://capitalatlas.ai/funds/moonwhale-ventures) — Seed
- GMO VenturePartners (https://capitalatlas.ai/funds/gmo-venturepartners) — Seed
- Z Nation Lab (https://capitalatlas.ai/funds/z-nation-lab) — Seed
- Alter Global (https://capitalatlas.ai/funds/alter-global) — Seed