Kennect - About the company
Kennect is a seed company based in New York City (United States), founded in 2015 by Pulkit Agrawal and Pralok Chhajed. It operates as a Platform offering sales performance and incentive management software. Kennect has raised $711K in funding from FortyTwo.VC, with a current valuation of ₹*****. The company has 117 active competitors, including 21 funded and 11 that have exited. Its top competitors include companies like Xoxoday, Varicent and Everstage.
Company Details
Platform offering sales performance and incentive management software. It helps to make the sales process more transparent, automates sales compensation, and improves operational efficiency. It reduces time and calculation error, optimizes commission strategies and reduces the post incentive disbursement queries. Their clients include Cipla, Oaknet, and several others.
- Website
- www.kennect.io/
- Email ID
- *****@kennect.io
- Phone Number
- +1 **********
- Registered Address
- 15TH FLR, 1501, PROMENADE 4 LBS ROAD, OPP R CITY MALL, NEAR GODREJ GATE NO. 1 GHATKOPAR(W), Mumbai, Mumbai, Mumbai, Maharashtra, India, 400086
Key Metrics
Founded Year
2015
Location
New York City, United States
Stage
Seed
Total Funding
$711K in 2 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Dec 22, 2016
Investors
Ranked
24th among 117 active competitors
Employee Count
42 as on Aug 31, 2025
Legal entities associated with Kennect
Kennect is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
KENNECT SOLUTIONS PRIVATE LIMITED CIN: U72300MH2015PTC270190 , India, Strike off | Nov 16, 2015 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
KENNECT TECHNOLOGIES PRIVATE LIMITED CIN: U72900MH2021PTC371646 , India, Active | Nov 16, 2021 | 0 - ₹10 Cr (As on Mar 31, 2025) | 42 (As on Aug 31, 2025) | |
KENNECT INC. CIN: 6327113 , United States, Active | Oct 21, 2021 | - | - | - |
Amadeus IT Group CIN: A84409408 , Spain, Active | - | - | - |
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Kennect's funding and investors
Kennect has raised a total funding of $711K over 2 rounds. Its first funding round was on Dec 22, 2016. Its latest funding round was a Seed round on Aug 09, 2022 for $*****. 1 investor participated in its latest round. Kennect has 2 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of Kennect:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 09, 2022 | 4952126 | Seed | 8950483 | 1446240 | 4627981 | 9000327 |
Dec 22, 2016 | 3647572 | Angel | 6354777 | 3431413 | 9948479 |
View details of Kennect's funding rounds and investors
Kennect's founders and board of directors
Founder? Claim ProfileThe founders of Kennect are Pulkit Agrawal and Pralok Chhajed. Pulkit Agrawal is the CEO of Kennect.
Here are the details of Kennect's key team members:
- Pulkit Agrawal: Co-Founder & CEO of Kennect and founder of 2 other companies, MedStudio and Kennect. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 3 email addresses and 1 phone number
- Pralok Chhajed: Co-Founder & COO of Kennect and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address
Kennect's Board of Directors
Kennect's board has 2 active members. Pulkit Agrawal and Pralok Chhajed are part of team.Here is the list of Kennect's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 10y 9m | |
pabcihh | Team | - | Current | 1y 2m |
View details of Kennect's Founder profiles and Board Members
Kennect's employee count trend
Kennect has 42 employees as of Aug 25. The total employee count is 2.0% lower than what it was in Aug 24. Here is Kennect's employee count trend over the years:
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Kennect's Competitors and alternates
Top competitors of Kennect include Xoxoday, Varicent and Everstage. Here is the list of Top 10 competitors of Kennect, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Cloud-based platform providing digitized rewards, incentives, loyalty, and payouts solutions for businesses worldwide | $101M | 78/100 | ||
2nd | Provider of incentive compensation management solutions for enterprises | $49M | 71/100 | ||
3rd | Everstage 2020, Wilmington (United States), Series B | Platform offering software to manage sales commissions | $44.7M | 70/100 | |
4th | CaptivateIQ 2017, San Francisco (United States), Series C | Platform offering sales incentive management software | $165M | 69/100 | |
5th | QuotaPath 2018, Philadelphia (United States), Series B | SaaS-based performance management system for sales professionals | $67.3M | 63/100 | |
6th | Spiff 2015, Salt Lake City (United States), Acquired | Compensation and commission management software | $109M | 59/100 | |
7th | Board 1994, Chiasso (Switzerland), Acquired | Cloud-based financial planning and analysis and budgeting solutions for enterprises | $23.8M | 57/100 | |
8th | Monocle 2023, New York City (United States), Acquired | Provider of an AI platform personalizing customer interactions across marketing channels | $7.5M | 56/100 | |
9th | Cloud based ERP software and management solutions for businesses | $8.68M | 53/100 | ||
10th | Provider of performance management solutions for enterprises | - | - | 53/100 | |
24th | Kennect 2015, New York City (United States), Seed | Platform offering sales performance and incentive management software | $711K | 34/100 |
Looking for more details on Kennect's competitors? Click here to see the top ones
Kennect's Investments and acquisitions
Kennect has made no investments or acquisitions yet.
Reports related to Kennect
Here is the latest report on Kennect's sector:
News related to Kennect
Media has covered Kennect for 1 event in last 1 year, It was about company updates.
•
Kennect Appoints Puneet Gupta as Chief Business Officer to Lead Next Phase of ScaleThe Tribune•Sep 03, 2026•Kennect
•
B2B SaaS sales start-up Kennect raises USD 700k in seed funding led by FortyTwo VCAsian News International•Aug 09, 2022•Kennect, FortyTwo.VC, Sanofi, Lupin and 2 others
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