Kite

Kite

A commerce firm focused on growing high-potential brands. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€727m—1.1b (Dealroom.co estimates Apr 2023.)
New York City New York (HQ)
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DateInvestorsAmountRound
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$200m

Late VC
Total Funding€182m

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Kite.co is a startup that is revolutionizing the commerce industry by streamlining the process of how products are created, marketed, stored, shipped, and sold at a large scale. The company aims to simplify the complexities of commerce for entrepreneurs who are looking to expand their brands beyond initial product traction.

Kite operates in the e-commerce market, serving entrepreneurs and businesses that are seeking to grow their brands. The company's business model revolves around creating efficiencies across a product's commerce journey, which it achieves through the use of artificial intelligence (AI). This AI is predictive, assistive, and evaluative, helping to intelligently scale the brands that Kite invests in and acquires.

The company's platform, built from scratch, becomes smarter with each new product that it acquires. This is what Kite refers to as the 'Kite Effect' - the more products that utilize the platform, the more the platform adapts and learns, resulting in increased efficiencies and transformational growth for the brands.

Kite's revenue comes from the businesses it invests in and acquires. The company is backed by Blackstone, a leading private equity firm, and Juxtapose, an investment firm focused on tech businesses that have the potential to transform industries.

In summary, Kite.co is a startup that uses AI to streamline the commerce process for entrepreneurs and businesses, helping them to scale their brands intelligently.

Keywords: E-commerce, Artificial Intelligence, Brand Scaling, Entrepreneurship, Product Marketing, Supply Chain, Business Acquisition, Business Investment, Private Equity, Tech Businesses.