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Valuation

$15M

2017 Revenue

$5M

Customers

50

Funding

$17.9M

Avg ACV

$100K

Team

44

Churn

2%

Founded

2011

How Kinvey CEO Sravish Sridhar grew Kinvey to $5M revenue and 50 customers in 2017.

Progress Software Corporation is an American publicly held company headquartered in Bedford, Massachusetts.

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Kinvey Revenue

In 2017, Kinvey's revenue reached $5M. Since its launch in 2011, Kinvey has shown consistent revenue growth.

Kinvey Revenue GrowthReported revenue / ARR by year$0$1M$3M$4M$5M$6M2011201220132014201520162017$0$5MSource: GetLatka.com
YearMilestone
2017Kinvey Hit $5m revenue in August 2017
2011Launched with $0 revenue

Kinvey Valuation, Funding Rounds

Kinvey's most recent disclosed valuation is $15M.

Kinvey has raised $17.9M in total funding across 4 rounds, most recently a $10.9M Series B round in 2014.

Kinvey Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)$0$4M$8M$12M$16M$20M20112012201320142011 cumulative: $18K • 2011 Seed Round: $18K2011 cumulative: $2M • 2011 Seed Round: $18K • 2011 Seed Round: $2M2012 cumulative: $7M • 2011 Seed Round: $18K • 2011 Seed Round: $2M • 2012 Series A: $5M2014 cumulative: $18M • 2011 Seed Round: $18K • 2011 Seed Round: $2M • 2012 Series A: $5M • 2014 Series B: $11M$18MSource: GetLatka.com
YearRoundAmountValuation% Sold
2014Series B$10.9M--
2012Series A$5M--
2011Seed Round$2M--
2011Seed Round$18K--

Kinvey Employees & Team Size

Kinvey employs approximately 44 people as of 2026.

Kinvey has 44 total employees in different roles and functions. They have 50 customers that rely on the company's solutions.

Kinvey Team GrowthReported headcount over time010203040502011201220132014201520162017004444Source: GetLatka.com
YearMilestone
2017Reached 44 employees (August 2017)

Founder / CEO

Sravish Sridhar

Sravish is the Founder and CEO at Kinvey. He has been an entrepreneur from the time he graduated with a Computer Science degree from the University of Texas at Austin. He founded Kinvey with the belief that mobile devices and applications are going to empower people across the planet by enabling new ways to access, communicate and collaborate with the world we live in. Prior to Kinvey, Sravish invested in and advised various startups in the areas of cloud computing, virtualization and Green IT. He also worked at Red Hat as part of the team that built its cloud strategy and product roadmap. Straight out of college, Sravish was a founding team-member at United Devices (UD), a company that built grid computing software. At UD, Sravish wore many hats. He wrote a desktop agent and screen saver that 3.5 million people downloaded to contribute idle cycles from their PCs to run cancer research algorithms. He then moved to India to build a large offshore development team for the company, and eventually lived in Europe for 4 years to grow a sales and consulting organization in Zurich, Paris and London, while being the #1 revenue contributor to the business. UD was acquired by Univa, where Sravish became the VP of Product Management and Business Development. In addition to his corporate work, Sravish is the Founder at We Flap, a 501(C)(3) non-profit that trains and helps non-profits and NGOs in India use social media to create a support network of people that are interested in helping them with their professional expertise.

Q&A

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Customers

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Frequently Asked Questions about Kinvey

What is Kinvey's revenue?

Kinvey generates $5M in revenue.

Who founded Kinvey?

Kinvey was founded by Sravish Sridhar.

Who is the CEO of Kinvey?

The CEO of Kinvey is Sravish Sridhar.

How much funding does Kinvey have?

Kinvey raised $17.9M.

How many employees does Kinvey have?

Kinvey has 44 employees.

Where is Kinvey headquarters?

Kinvey is headquartered in Bedford, Massachusetts, United States.

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Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Kinvey Revenue 2017: $5M ARR, $15M Valuation