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Kafene - About the company
Kafene is a series B company based in New York City (United States), founded in 2019 by Neal Desai. It operates as an Online platform for point-of sale-financing. Kafene has raised $89.1M in funding from investors like Third Prime, Global Founders Capital and Valar Ventures. The company has 8 active competitors, including 3 funded and 1 that has exited. Its top competitors include companies like Sunwealth, Microf and Uown Leasing.
Company Details
Online platform for point-of-sale financing. It operates a web and app-based lease-to-own platform that underwrites, approves, and enables payment. Users can avail of loans with flexible amounts and terms.
- Website
- www.kafene.com/
- Email ID
- *****@kafene.com
- Registered Address
- New York City
Key Metrics
Founded Year
2019
Location
New York City, United States
Stage
Series B
Total Funding
$89.1M in 7 rounds
Latest Funding Round
Investors
Ranked
3rd among 8 active competitors
Employee Count
187 as on Aug 31, 2026
Legal entities associated with Kafene
Kafene is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
KAFENE, INC CIN: 84-1905334 , United States, Active | May 21, 2019 | - | 69 (As on Dec 31, 2022) | - |
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Kafene's funding and investors
Kafene has raised a total funding of $89.1M over 7 rounds. Its first funding round was on Jun 08, 2021. Its latest funding round was a Series B round on Jan 31, 2024 for $*****. 1 investor participated in its latest round. Kafene has 18 institutional investors.
Here is the list of recent funding rounds of Kafene:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 31, 2024 | 5489608 | Series B | 5771899 | 6078141 | 5383156 | 5698892 |
Aug 22, 2023 | 8700577 | Series B | 9993480 | 5672355 | 1553546 | 2579333 |
Sep 13, 2022 | 1902547 | Series B | 6408256 | 2028403 |
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Kafene's founders and board of directors
Founder? Claim ProfileThe founders of Kafene is Neal Desai. Neal Desai is the CEO of Kafene.
Here are the details of Kafene's key team members:
- Neal Desai: Co-Founder & CEO of Kafene. Contact Info: 1 email address
View details of Kafene's Founder profiles and Board Members
Kafene's employee count trend
Kafene has 187 employees as of Aug 26. Here is Kafene's employee count trend over the years:
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Kafene's Competitors and alternates
Top competitors of Kafene include Sunwealth, Microf and Uown Leasing. Here is the list of Top 10 competitors of Kafene, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Sunwealth 2015, Somerville (United States), Series A | Clean energy investment and crowdfunding platform | $12M | 54/100 | |
2nd | Microf 2010, Albany (United States), Seed | Online platform for rent-to-own specialty financing | $19M | 52/100 | |
3rd | _1574677326625.png?devicePixelRatio=2&height=30&width=30){kind=logo} Kafene 2019, New York City (United States), Series B | Online platform for point-of sale-financing | $89.1M | 50/100 | |
4th |  Uown Leasing 2008, Tampa (United States), Acquired | Developer of an online marketplace for point-of-sale financing | - | 40/100 | |
5th |  Chowder 2020, Peachtree City (United States), Funding Raised | Online platform for point of sale financing | - | 26/100 | |
6th |  MNGH 2014, Tampa (United States), Funding Raised | Online platform for point of sale financing | - | 24/100 | |
7th | Autowatts 2013, Denver (United States), Funding Raised | Offers software platform for solar industry | - | 22/100 | |
8th |  Tjleasing 1997, Dallas (United States), Funding Raised | Provider of leasing solutions for businesses and individuals | - | 15/100 |
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Kafene's Investments and acquisitions
Kafene has made no investments or acquisitions yet.
Reports related to Kafene
Here is the latest report on Kafene's sector:
News related to Kafene
Filter this list•
Kafene Joins LendPro's Financing Ecosystem, Expanding Lease-to-Own AccessBenzinga•Jul 25, 2025•Kafene, LendPro
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Kafene Named to Forbes List of America's Best Startup Employers of 2024PR Newswire•Mar 13, 2024•Kafene
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Trinity Capital Provides $15MM Venture Debt Facility to KafeneABL Advisor•Feb 01, 2024•Trinity Capital, Kafene
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Kafene amasses $31m Series B to boost point-of-sale financing optionsFintech•Oct 03, 2023•Kafene, Third Prime
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Kafene Raises Another $18M for its Flexible Financing Platform that Brings Lease-To-Own Options to the MainstreamAlleyWatch•Sep 20, 2022•Kafene, Third Prime, Uncorrelated Ventures, Company Ventures and 2 others
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