Sramana Mitra: How much did you raise in your first round? Cynthia Chen: First round was $2.5 million. Sramana Mitra: What milestone did that get you to? Cynthia Chen: It got me to tens of thousands of active users.
Sramana Mitra: Okay, but that’s not the company we are talking about today, right? Cynthia Chen: It’s not. I was at Figure for almost two years. I was the founding Chief Risk Officer and then became Chief Revenue Officer. Then I saw this opportunity for building a private company, and I started Kikoff with my
Sramana Mitra: Let’s come back to about 2012 when you have spent seven years in Deloitte in credit and consumer credit. What did you do next?
In the past year, 330 out of 1200 Unicorns have lost status. You read a lot about Unicorns that raise lots of VC money and then fail to scale. Cynthia Chen tells a very different story. She has raised about $43M and built a highly profitable $100M+ ARR company called Kikoff. Read on to learn