Knorish, a platform that enables coaches, instructors and organisations to build and launch online academies, announced that it has raised US$ 1.1 million as an extension of the Pre-Series A round. The investment was led by Inflection Point Ventures and Pentathlon Ventures, Rockstud Capital and Bespoke HNIs including KRS Jamwal, Dhanpal Jhaveri and Prophetic Ventures syndicate. The latest round comes on the heels of a US$ 323,000 round last June and the 100x.vc investment as a part of their funded class 01 of 2019.
The fresh infusion of funds would help Knorish in accelerating innovations that would empower Passion Entrepreneurs across the world to take their knowledge businesses online. Additionally, the company aims to bring one of the finest app creation technologies for online academies, expand their team and further empower a network of Academies on Knorish.
Speaking on the acquired funding, Kinner N Sacchdev, Co-founder and CEO, Knorish said, “The Coaches and instructors are good at teaching, but they struggle to sell. With Knorish’s Funnel builder, over 90 per cent of content sellers are able to cross US$ 1000 within the first few months of launching their first funnel.”