Today, we are thrilled to announce that Kami has received NZ $1.5 million in seed funding to accelerate the rapid growth of our company in North America, valuing the company at almost NZ $20 million.
The seed round, which was oversubscribed by 180% was led by Australian venture capital firm, Right Click Capital. Other investors include the New Zealand Venture Investment Fund (NZVIF), Australian venture capital firm Capital Pitch, as well as Australian and New Zealand Angels.
“When building the round, it was important to us that we find a lead investor with a track record of successful similar investments in the Aus/NZ region, and be part of a global network capable of larger future investments. For us, Right Click Capital hit the mark, “ says Bob Drummond, Founding Chairman, and CRO.
With an increasing number of schools across North America and Europe going paperless, Kami’s cloud-based application allows teachers and students to annotate, view, edit and collaborate on digital documents in their browser and complements existing office suites, cloud platforms and learning management systems.
To enable students to take better notes, Hengjie Wang (CEO), Jordan Thoms (CTO), and Alliv Samson (COO) created the app while at university in 2013, a passion project which turned into what Kami is today, “your digital classroom hero.”
Kami // Our vision is to reimagine the digital learning environment by providing tools that unlock potential, ignite creativity and nurture collaboration.
“We have received overwhelmingly positive feedback from teachers, who have recognized the significant time savings and uplift in active, real-time participation in the classroom using Kami,” says Hengjie Wang.
Kami won the 2015 New Zealand Innovators Award, was named the 2017 American Chamber of Commerce NZ Exporter of the Year. Co-founder and COO Alliv Samson was a finalist for the 2018 Woman of Influence Awards and is also a current semi-finalist for the Young New Zealander of the Year Award.
Kami is also backed by Silicon Valley investors such as Sam Altman (Y Combinator), Scott Nolan (Founders Fund), and Right Side Capital Management, as well as the NZ-based Flying Kiwi Angels.
- Kami started in January 2013 by Hengjie Wang (CEO), Alliv Samson (COO), and Jordan Thoms (CTO) while studying in the university.
- Kami has now over 6 million users signed up from over 130 countries with North America as its biggest market.
- There are over 20,000 American K-12 schools using Kami in the classroom.
- Revenue: Kami has been cashflow positive and has tripled its revenue for the past two years.
- The latest seed investment round will help accelerate the growth in the US education market.
- Right Click Capital, an Australian venture capital lead the latest seed round.
- Other investors include the New Zealand Venture Investment Fund (NZVIF), Capital Pitch, and other Australian and New Zealand angels.
- Notable investors include Sam Altman (President, Y Combinator) and Scott Nolan (Founders Fund).
For interviews and other media related inquiry, please contact Whirl PR – email@example.com
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