K1x Inc.
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.
K1x Inc. - overview
Established
2022
Location
-, NJ, US
Primary Industry
Software
About
Founded in 2022 by its president, Geralyn Hurd, and CTO, Neal Schneider, and based in Illinois, US, K1x, Inc. , operates as a software as a service company that caters to financial companies with implementation, onboarding, custom development, data management, and validation, and process optimization. In December 2022, K1x, Inc. raised USD 15 million in venture funding from an investor, Edison Partners.
As of 2022, John LaMancuso acts as the CEO of the company. The company offers various digital solutions that include automating preparation, streamlining analysis, tax logic, and investor data collection tools used by institutional investors, funds, and accounting firms. The company uses artificial intelligence technology for K-1 aggregation and digital K-1 packet production, helping users organize unstructured data into simplified analyses and reducing compliance, risk, and opportunity costs. The company plans to use its December 2022 funding to further develop its platform and expand its market.
In September 2024, Edison Partners led a USD 20 million in growth funding for K1x Inc.
Current Investors
Edison Partners
Primary Industry
Software
Sub Industries
Accounting Services, Accounting/Finance Software
Website
www.k1x.io/
Verticals
Artificial Intelligence, Big Data, Cloud Computing, FinTech
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
K1x Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | K1x Inc. | - |
Displaying 1 - 1 of 1
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.