# Kong

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.konghq.com
- Total disclosed funding: $257M
- Latest round: Series E (Aug 6, 2024)
- Investors on record: 11

## About

Founded in 2009 and based in California, US, provides a cloud-based Application Programming interface (APIs) and its micro-services. Kong platform, helps enterprises to secure, manage, and organize microservice APIs. In October 2024, Kong Inc. raised USD 175 million in series E funding co-led by  Tiger Global Management, Balderton Capital, with participation 137 Ventures and Ontario Teachers' Pension Plan. The series E funding values Kong Inc. at USD 2 billion post-money. The company's platform offers an application programming interface (API) that includes API gateways, developer portals, and API analytics, enabling development teams to distribute, monetize, manage, analyze and consume APIs. The company also offers products including Kong Community Edition, Kong Enterprise Edition, and Kong Subscriptions. The company generates revenue by offering its services on a subscription-based pricing plan. The plans include Kong Konnect, Kong Gateway Enterprise, Kong Mesh, Kong Insomnia (USD 12-45 per user per month). The company plans to use the funding to develop its cloud-based API platform further and expand its customer base, supporting continued growth and innovation.

## Funding rounds

- Series E, Aug 6, 2024, $80M — CRV, Index Ventures, Andreessen Horowitz
- Series D, Feb 8, 2021, $100M — CRV, Index Ventures, Granite Asia, Tiger Global Management, Andreessen Horowitz, Goldman Sachs Asset Management
- Series C, Dec 14, 2018, $50M — CRV, Index Ventures, Granite Asia, Andreessen Horowitz, World Innovation Lab
- Series B, Jan 25, 2017, $19M — CRV, Index Ventures, Andreessen Horowitz
- Series A, Nov 21, 2013, $6.5M — CRV, Index Ventures, Stanford University
- Seed, Aug 15, 2011, $1.5M — CRV, Index Ventures, New Enterprise Associates, Ignition Partners, Innovation Endeavors

## Investors

- CRV (https://capitalatlas.ai/funds/crv) — Seed, Series A, Series B, Series C, Series D, Series E
- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Seed, Series A, Series B, Series C, Series D, Series E
- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Seed
- Ignition Partners (https://capitalatlas.ai/funds/ignition-partners) — Seed
- Innovation Endeavors (https://capitalatlas.ai/funds/innovation-endeavors) — Seed
- Stanford University — Series A
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series B, Series C, Series D, Series E
- Granite Asia (https://capitalatlas.ai/funds/granite-asia) — Series C, Series D
- World Innovation Lab — Series C
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series D
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series D