Kiinde, LLC

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.

Kiinde, LLC - overview

Established

2012

Location

Indian Harbour Beach, FL, US

Primary Industry

Medical Devices & Equipment

About

Kiinde, LLC is a company focused on enhancing breastfeeding and infant feeding experiences through innovative product solutions. Their offerings allow for efficient storage and feeding of breast milk, catering primarily to new parents. Kiinde, LLC, founded in 2012, is based in Indian Harbour Beach, US, and specializes in breastfeeding and infant feeding products. The company was co-founded by John McBean and Kailas Narendran, with Vijay Brihmadesam serving as CEO.


Kiinde was recapitalized by Tower Arch Capital in August 2018, although financial terms were not disclosed. The company has engaged in a single investment deal to date. Kiinde specializes in innovative products designed to enhance the experience of breastfeeding and infant feeding. Their core offerings include the Kiinde Twist system, which allows for seamless and sanitary milk storage, preparation, and feeding.


This unique system utilizes a series of pouches that directly connect to various breast pumps, enabling mothers to pump, store, and feed without transferring milk between containers. Additional products include bottle adapters and accessories that accommodate different feeding preferences, targeting the needs of breastfeeding mothers and their infants. Kiinde's solutions are primarily marketed towards new parents in North America, Europe, and select markets in Asia, addressing the challenges of milk storage and feeding efficiency. Kiinde generates revenue through a combination of direct-to-consumer sales and partnerships with retailers and healthcare providers.


The company establishes relationships with major baby product retailers, facilitating shelf space for their unique product lines while also engaging in direct sales through their online platform. This dual approach allows Kiinde to reach a broad customer base, including parents and caregivers who seek convenient feeding solutions. Revenue is primarily derived from the sale of their flagship products, such as the Kiinde Twist Pouches and associated feeding accessories, which are marketed through various pricing plans that cater to different consumer needs. The company’s pricing strategy positions its products competitively within the market, ensuring accessibility for families looking for effective feeding solutions.


Kiinde plans to utilize its recent funding to support the development of new products and expand into additional markets. The company is actively designing new products aimed at enhancing the breastfeeding experience, with a goal to launch these innovations by late 2023. Kiinde also aims to penetrate further into Asian markets and expand its footprint in Europe by 2024. The funding from the recapitalization deal in August 2018 will assist in bolstering these initiatives and driving the company's strategic growth.


Current Investors

Tower Arch Capital

Primary Industry

Medical Devices & Equipment

Sub Industries

Medical Equipment Distributors

Website

www.kiinde.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

Kiinde, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
RecapitalisationCompletedKiinde, LLC-

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.