Kaymbu Secures Growth Funding from Decathlon Capital Partners to Enhance Early Childhood Education Platform and Expand Services
Kaymbu, a leading provider of early education software, has secured a growth funding package from Decathlon Capital Partners. This revenue-based financing will support Kaymbu’s continued investment in platform development, expansion of client service capabilities, and new customer growth.
Founded in 2012, Kaymbu specializes in creating tools for early childhood education, focusing on assessment, instructional planning, family engagement, and professional development. Their platform is designed to connect educators with young, digital-native parents through simple photo sharing, rich visual assessment, and student portfolios. Kaymbu’s software is used by early education programs in all 50 states and around the world, ranging from private childcare centers to Head Start programs and public school districts.
The funding from Decathlon Capital Partners is a significant milestone for Kaymbu, as it allows the company to build on its success without diluting ownership or control. Kin Lo, Founder and Chief Executive Officer of Kaymbu, emphasized the company’s commitment to empowering early childhood educators with the tools they need to enhance family engagement and enrich learning experiences. “Our platform empowers teachers to build meaningful connections with families, creating a collaborative environment that enriches the early learning experience for children,” Lo said.
Decathlon Capital Partners, with offices in Palo Alto and Park City, is the largest revenue-based funding investor in the U.S. and is active across a wide range of sectors. John Borchers, Managing Director of Decathlon Capital Partners, highlighted the firm’s excitement in supporting Kaymbu’s mission. “Kaymbu’s innovative platform is making a tangible difference for educators and families in early childhood education, providing valuable tools that connect families to the classroom experience,” Borchers said.
The revenue-based financing package is a strategic choice for Kaymbu, as it allows the company to repay the investment through its future revenues without giving up any equity, ownership, or control. This approach aligns with Decathlon Capital Partners’ philosophy of providing long-term growth capital without the dilution, loss of control, and operational overhead that often comes with equity-based funding.
Kaymbu’s platform has been recognized for its impact on early childhood education. Jennifer Carolan, co-founder and senior partner at Reach Capital, a venture capital firm that has invested in Kaymbu, noted the company’s unique approach to using screens in early education. Carolan pointed out that Kaymbu’s communication portal, which lets teachers send pictures, video, and notes to a child’s parents, has led to greater attendance rates and saves teachers 1.5 hours each day and 5,000 sheets of paper each year from moving communication online.
With this new funding, Kaymbu is poised to further its mission of empowering early childhood educators and enhancing family engagement. The company’s commitment to providing valuable tools for educators and families, combined with Decathlon Capital Partners’ support, positions Kaymbu for continued growth and success in the early childhood education sector.
Kaymbu’s headquarters is located in Cambridge, Massachusetts, and the company has previously raised $2.11 million in funding. The latest funding from Decathlon Capital Partners marks a significant step forward for Kaymbu, as it continues to innovate and expand its services to support more educators and families.
The partnership between Kaymbu and Decathlon Capital Partners underscores the importance of flexible financing options for growing companies. By choosing a revenue-based financing package, Kaymbu can maintain its independence and focus on delivering high-quality services to its clients. This approach also reflects Decathlon Capital Partners’ commitment to supporting companies that are making a positive impact in their respective fields.
In conclusion, Kaymbu’s securing of a growth funding package from Decathlon Capital Partners is a significant development for the company and the early childhood education sector. The funding will enable Kaymbu to enhance its platform, expand its services, and reach more educators and families, ultimately contributing to better outcomes for children.