How Much Did K4Connect Raise?
Funding & Key Investors

K4Connect has successfully navigated multiple stages of capital acquisition to solidify its position in the health technology sector. With a cumulative total of $51.8M, the company has demonstrated a consistent ability to attract institutional backing. The most recent strategic investment of $8.9M underscores the market confidence in its mission-driven approach to integrating technology for older adults and individuals with disabilities.

Since its inception in 2013, the North Carolina-based firm has evolved from early-stage development to a mature enterprise-level entity. This trajectory is marked by a series of financing rounds that have enabled the company to scale its operations and expand its reach within the healthcare ecosystem.

What is K4Connect?

K4Connect
SoftwareHealthcare SoftwareMobile App Development

K4Connect operates at the intersection of health tech and social impact, providing a comprehensive platform designed to empower older adults and those living with disabilities. By partnering with communities and organizations, the company facilitates the integration of advanced technology into daily living environments. Its market position is defined by a commitment to improving quality of life through digital solutions, effectively bridging the gap between complex healthcare needs and user-friendly technological interfaces.

How much funding has K4Connect raised?

K4Connect has raised a total of $51.8M across 5 funding rounds:

2015

Angel/Seed

$1.9M

2016

Series A

$8M

2020

Series B

$21M

2022

Other Financing Round

$12M

2023

Other Financing Round

$8.9M

Angel/Seed (2015): $1.9M with participation from Stonehenge Growth Equity Partners, Lowe's Companies, Inc., Sierra Ventures, and Better Ventures

Series A (2016): $8M led by Intel Capital, RGAx, LLC, and Traverse Venture Partners

Series B (2020): $21M supported by Reinsurance Group of America, Sierra Ventures, Intel Capital, Better Ventures, Revolution Ventures, Forte Ventures, AXA Venture Partners, the Ziegler Link•Age Fund, Traverse Venture Partners, and Topmark Partners

Other Financing Round (2022): $12M featuring Kurt Read, William Petty, Second Century Ventures, Daniel Decker, and Forte Ventures

Other Financing Round (2023): $8.9M backed by Forte Ventures and Second Century Ventures

Key Investors in K4Connect

Intel Capital

A division of Intel, this firm invests in innovative startups targeting artificial intelligence, cloud computing, and next-generation technologies to drive digital transformation.

Sierra Ventures

A Silicon Valley-based venture capital firm focused on early-stage technology startups, providing expertise in enterprise software, infrastructure, and data-driven solutions.

Revolution Ventures

A venture capital firm that backs visionary founders at various stages, with a specific focus on transformative technologies that redefine possibilities beyond traditional tech hubs.

What's next for K4Connect?

Looking ahead, the infusion of capital from the latest financing round positions K4Connect to accelerate its product development and deepen its market penetration. The company is expected to leverage these resources to enhance its enterprise software capabilities and expand its footprint in the aging-in-place market. By maintaining strong relationships with its diverse investor base, K4Connect is well-equipped to navigate the complexities of the health tech landscape and continue its mission of fostering independence through innovation.

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Frequently Asked Questions Regarding K4Connect Financial Insights

What are the most recent funding rounds that K4Connect has completed, and what were the funding rounds?
K4Connect has recently completed 3 funding rounds: Other Financing Round on Jul 13, 2023, Other Financing Round on Feb 14, 2022, Series B on Jul 8, 2020.
What is the total amount of funding K4Connect has raised to date?
K4Connect has raised a total of $51.8M in funding to date.
How many funding rounds has K4Connect completed?
K4Connect has completed 3 funding rounds.
How much funding did K4Connect raise in its most recent funding round?
K4Connect raised $8.9M in its most recent funding round.
Who are the lead investors in K4Connect's latest funding round?
The lead investor in K4Connect's latest funding round was Forte Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in K4Connect's history?
The largest funding round in K4Connect's history was $21M.
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