Kestrl Overview
- Year Founded
-
2019
- Status
-
Private
- Employees
-
43
- Latest Deal Type
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Accelerator/Inc
- Investors
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9
Kestrl General Information
Description
Developer of a wealth management platform designed to provide interest-free loans. The company's platform offers the functionality of a bank by permitting people to deposit their money and not lending out money in return, thereby not charging any interest and notifying any payment activities through notifications in the application, enabling muslim people to grow their wealth without compromising their beliefs while attaining interest-free loans.
Contact Information
Website
www.kestrl.ioCorporate Office
- Salisbury House, 29 Finsbury Circus
- Moorgate
- London EC2M 5SQ
- England, United Kingdom
Corporate Office
- Salisbury House, 29 Finsbury Circus
- Moorgate
- London EC2M 5SQ
- England, United Kingdom
Kestrl Timeline
Kestrl Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 12. Accelerator/Incubator | 01-May-2024 | Completed | Generating Revenue | |||
| 11. Seed Round | 31-Mar-2023 | Cancelled | Generating Revenue | |||
| 10. Equity Crowdfunding | Completed | Generating Revenue | ||||
| 9. Seed Round | 10-Dec-2023 | Completed | Generating Revenue | |||
| 8. Accelerator/Incubator | 19-Sep-2022 | Completed | Generating Revenue | |||
| 7. Seed Round | 17-Jul-2022 | Completed | Generating Revenue | |||
| 6. Accelerator/Incubator | 01-Jan-2022 | Completed | Generating Revenue | |||
| 5. Equity Crowdfunding | 07-Dec-2020 | Completed | Generating Revenue | |||
| 4. Seed Round | 01-Dec-2020 | $500K | $843K | Completed | Startup | |
| 3. Seed Round | 31-Jul-2020 | $135K | $343K | Completed | Startup |
Kestrl Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Class A | ||||||||
| Class A | ||||||||
| Class A | 253,164 | $0.000125 | $0.3 | $0.3 | 1x | $0.3 | 1.6% | |
| Class A | 1,265,824 | $0.000125 | $0.1 | $0.1 | 1x | $0.1 | 8.01% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Kestrl Comparisons
Industry
Financing
Details
Kestrl Competitors (4)
One of Kestrl’s 4 competitors is Algbra, a Venture Capital-Backed company based in London, United Kingdom.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Algbra | Venture Capital-Backed | London, United Kingdom | ||||
| Emma (Financial Services) | Venture Capital-Backed | London, United Kingdom | ||||
| Moneythor | Private Equity-Backed | Singapore, Singapore | ||||
| mmob | Venture Capital-Backed | Warrington, United Kingdom |
Kestrl Signals
Kestrl Investors (9)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Grow London | Accelerator/Incubator | |||
| Aweh Ventures | Family Office | Minority | ||
| Innate Capital Partners | Venture Capital | Minority | ||
| StarSeed (Angel Group) | Angel Group | Minority | ||
| Techstars | Accelerator/Incubator | Minority |
Kestrl FAQs
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When was Kestrl founded?
Kestrl was founded in 2019.
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Where is Kestrl headquartered?
Kestrl is headquartered in London, United Kingdom.
-
What is the size of Kestrl?
Kestrl has 43 total employees.
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What industry is Kestrl in?
Kestrl’s primary industry is Other Financial Services.
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Is Kestrl a private or public company?
Kestrl is a Private company.
-
What is Kestrl’s current revenue?
The current revenue for Kestrl is .
-
How much funding has Kestrl raised over time?
Kestrl has raised $2.71M.
-
Who are Kestrl’s investors?
Grow London, Aweh Ventures, Innate Capital Partners, StarSeed (Angel Group), and Techstars are 5 of 9 investors who have invested in Kestrl.
-
Who are Kestrl’s competitors?
Algbra, Emma (Financial Services), Moneythor, and mmob are competitors of Kestrl.
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