kale

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

kale - overview

Established

2021

Location

New York, NY, US

Primary Industry

Marketing/Advertising

About

Based in New York, US, and founded in 2021 by Isha Patel (CEO), and Luis Molina (CTO), Palette Technologies, Inc. , doing business as, Kale, is a start-up that encourages loyal customers of a product to advertise the products they consume. In March 2022, Palette Technologies, Inc. raised USD 3.


75 million in seed funding led by new investor Forerunner Ventures, with participation from another new investor Pear VC. Kale has devised a method in which returning buyers of a product will receive monetary incentives ranging from 5% to 100% of the price paid if the consumers publish a review of the product on social media. This approach is used to increase product reach through word-of-mouth marketing, as opposed to past marketing techniques that paid influencers large sums of money for a poor job.


Current Investors

Forerunner Ventures, Pear VC

Primary Industry

Marketing/Advertising

Sub Industries

Public Relations & Communications, eMarketing/Digital Marketing

Website

www.kalecard.com

Verticals

Social Media

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.