kindrik partners advises qualgro as lead investor on series a round into hevo
Kindrik Partners recently advised Singapore-based venture capital firm Qualgro on its investment into data pipeline startup Hevo. Hevo raised $8 million as part of its series A funding round. Other investors included Lachy Groom, a former executive at Stripe, and existing investors Chirtae Ventures and Sequoia Capital’s accelerator, Surge.
The startup was founded in 2017 by Manish Jethani and Sourbh Agarwal. Manish Jethan says, “Our mission is to remove the technology barrier for non-technical users within companies and enable them to make smarter decisions with their data. Hevo enables companies to eliminate data silos without having to setup an engineering team to build and maintain complex integrations with multiple systems.”
Today Hevo has offices in San Francisco and Bengaluru, with customers across 20 countries. The funds will be used to accelerate Hevo’s global expansion and expand its technology, sales, and marketing teams.
Partner Chris Wilson, who advised Qualgro, says of the deal, “It was a pleasure to help Qualgro continue to support B2B SaaS startups in Southeast Asia and help those companies turn into global players.”