About KD Capital
KD Capital is a venture capital firm founded in 2006. It is primarily based out of Hong Kong, China. As of Oct 2023, KD Capital has invested in 16 companies. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and Environment Tech. Most recently it participated in the $***** Series B round of FounderSix Overall, KD Capital portfolio has seen 1 IPO and 4 acquisitions including key companies like SpotHero, OkCupid and ShopRunner. KD Capital has team of 5 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series B
Portfolio IPOs
Portfolio Soonicorns
KD Capital's List of Top Investments
KD Capital has a portfolio of 16 companies. Their most notable investmentis in FounderSixTheir portfolio spans across United States, China, Singapore and 2 more locations. They have invested in Enterprise Applications, Consumer, Environment Tech and 12 other sectors, across stages such as Series B stage. Here is the list of top investments by KD Capital:1. SpotHero
Provider of a platform for booking parking spots and related services. The platform allows users to search and reserve parking spaces. It offers options for hourly, daily, and monthly parking. The platform also provides booking capabilities through mobile applications and integration with vehicle dashboards.
Key facts about SpotHero
- Founded Year: 2011
- Location: Chicago (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $118M
- Employee Count: 303 as on Jul 31, 2026
- Investors: Union Grove Venture Partners, Blossom Street Ventures and 40 Others
- Latest Funding Round: Series D, Aug 22, 2019, $*****
- Highlight: Acquired
2. Paga
Agent-based payment solutions for consumers and businesses. Provides money transfers, bill payments, online or offline purchases, mobile recharges, travel reservations, cash deposits, cash withdrawals, business capital support, and more.
Key facts about Paga
- Founded Year: 2009
- Location: Lagos (Nigeria)
- Stage: Series B
- Total Funding till date: $35M
- Employee Count: 2 as on Jul 31, 2026
- Investors: Capricorn, KD Capital and 18 Others
- Latest Funding Round: Series B, Sep 06, 2018, $*****
- Highlight: Editors' Pick
3. OkCupid
OkCupid is a free online dating, friendship, and social networking website and mobile application. The website was started in 2004 and launched apps on iOS, Android platforms in 2010. Users who create a profile in the app are asked to answer 21 questions, which OkCupid’s algorithms will then crunch to show the best matches. Users tap on a match to view their full profile. OkCupid was owned by Humor Rainbow, Inc. In February 2011, OkCupid was acquired by IAC/InterActiveCorp, operators of Match.com, for US$50 million.
Key facts about OkCupid
- Founded Year: 2003
- Location: New York City (United States)
- Stage: Acquired
- Total Funding till date: $6M
- Employee Count: 75 as on Jul 31, 2026
- Investors: KD Capital, Eckford Group and 1 Other
- Latest Funding Round: Series A, Jan 12, 2007, $*****
- Highlight: Acquired
4. What3words
Developer of a system assigning unique identifiers to small areas. This technology divides the surface into squares, assigning a distinct combination of three words to each segment. These identifiers provide a method for communicating precise coordinates for navigation and logistics. The system functions through a digital interface that allows users to identify, share, and store specific points. It operates independently of traditional street addressing conventions and remains functional without an active network connection. The technology integrates into various software applications to facilitate location identification for transport and delivery purposes.
Key facts about What3words
- Founded Year: 2013
- Location: London (United Kingdom)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $231M
- Employee Count: 177 as on Jul 31, 2026
- Investors: Intel, Allen & Company and 210 Others
- Latest Funding Round: Series C, Jul 10, 2023, $*****
- Highlight: Editors' Pick
5. ShopRunner
ShopRunner is an online retailer offering multi-category products. The products catalog includes clothing, baby, beauty, books, electronics, movies, sporting goods, pets, toys, video games, luggage, automotive and more. The members can sign and can also avail deals on products.
Key facts about ShopRunner
- Founded Year: 2010
- Location: San Mateo (United States)
- Stage: Acquired
- Total Funding till date: $311M
- Employee Count: 56 as on Jul 31, 2026
- Investors: August Capital, KD Capital and 3 Others
- Latest Funding Round: PE, Jan 22, 2019, $*****
- Highlight: Acquired
KD Capital's Year-on-Year Investment Trends
KD Capital has invested in 16 companies over the last 3 years, with an average of 0 new investment annually in the last 3 years. Its most recent first time investment was in FounderSix.KD Capital's Investments by Stage
KD Capital has made 1 investment in Series B stage with an average round size of $12M.KD Capital's Investments by Sector
KD Capital has a portfolio focused on Retail. Notably, it has invested in 12 Tech companies, 9 Software companies, 8 Consumer (B2C) companies and at least 7 companies focusing on Enterprise (B2B).KD Capital's Investments by Geography
KD Capital has made most investments in United States (1).KD Capital's recent investments
KD Capital has not made any investment in 2026 so far.Here are the most recent investments by KD Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 25, 2023 | United States | Series B | 7997 | - |
IPOs and Publicly Listed companies in KD Capital's Portfolio
1 of KD Capital's portfolio company became public - Diginex. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jan 2025 at marketcap of $92.3MHere are KD Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 22, 2025 | - | - | 1781 |
Acquired companies in KD Capital's Portfolio
4 companies from KD Capital's portfolio have been acquired. The most recent acquisition was SpotHero in Feb 2026 by Uber for $*****.Here are KD Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 23, 2026 | - | - | 8680 | |
Oct 03, 2022 | - | - | 4451 | |
Dec 02, 2020 | - | - | 7995 | |
Feb 02, 2011 | - | - | 5040 |
Team profile of KD Capital
KD Capital has a team of 5 members including 1 Partner and 1 Principal located in China and United States. KD Capital's team does not sit on the board of any company as of now.Recent News related to KD Capital
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Foundersix Secures $12 Million Investment From Kd CapitalFashion Network•Aug 30, 2024•FounderSix, KD Capital
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