KindiCare CEO Benjamin Balk with his family. Source: KindiCare
Nine Entertainment Co’s Domain Group has led the seed investment round for KindiCare, pledging $1.2 million for the leading edtech marketplace startup — making the real estate giant the largest individual investor in the $3.3 million pot.
The hefty stake will see KindiCare’s app and website syndicate Domain’s property listings — Domain has included KindiCare’s listings on their app and website since September 2021, but the partnership has evolved to a paid data licence agreement in addition to the investment.
The startup’s founder and CEO Benjamin Balk retains the majority stake in the business he founded less than a year ago — it has experienced intense growth since, with more than 60,000 sessions on the app in March.
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