Kite
2400 Broadway, Santa Monica, New York, 90404, United States
Overview
Kite, founded in 2022 by Rob Solomon, Juxtapose, and Blackstone, builds infrastructure and technologies to scale high-potential brands across e-commerce, social, retail, and other channels. The company leverages AI and the API economy to create a modern technology stack intended to drive manufacturing, supply chain, design, and customer acquisition excellence at scale. Kite plans to use its platform to invest in, acquire, and operate high-potential brands and to support M&A activity. The company says the new capital will accelerate development of a technology-driven commerce platform and enable continued team expansion across tech, supply chain, growth and marketing, design, and M&A. Kite recently closed a $200M equity commitment, and backers included funds managed by Blackstone and founding partner Juxtapose. Recent senior hires and board additions—covering operations, product and technology, design, logistics, and fulfillment—are intended to support the company’s operational and product ambitions.
- Total raised
- $200M
- Funding rounds
- 1
- Latest round
- Equity
- Latest activity
- Apr 2023
Industries
- Commercial
- E-Commerce
- Internet
Recent funding
Equity
Apr 2023
$200M