Kountable
The B2B marketplace for Sustainable Trade
Overview
Raised: $0
Total Commitments ($USD)
Wefunder
05/04/2022
01/17/2023
$100
SAFE
Seed
RegCF
$35,000,000
0%
Rolling Commitments ($USD)
01/17/2023
$0
2015
Business Services, Software, & Applications
MarketplaceTech
B2B
Medium
Low
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$1,603,000 |
$645,000 |
|
COGS |
$179,000 |
$167,000 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$7,653,000 |
$-2,355,000 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$14,000 |
$247,000 |
|
Accounts Receivable |
$137,000 |
$1,508,000 |
|
Total Assets |
$1,503,000 |
$2,359,000 |
|
Short-Term Debt |
$1,920,000 |
$1,334,000 |
|
Long-Term Debt |
$3,416,000 |
$15,443,000 |
|
Total Liabilities |
$5,336,000 |
$16,777,000 |
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Founder Profile
Kountable Co-Founder Catherine Nomura on Leveraging Networks
Many well-meaning projects aim to enact social or environmental change. For example, a company or organization may aim to get millions of COVID-19 vaccines overseas to a country in need. This would then lead to transactions that involve three parties: a buyer, a supplier, and a small-to-medium enterprise (SME) trader that can act as a middleman and handle shipping. However, such transactions can get messy and sometimes bring projects to a halt.Kountable is a business-to-business marketplace designed to smooth out this trading process. The platform allows multiple parties to collaborate and conduct payments with ease. We reached out to co-founder and President Catherine Nomura to hear more about why the company started with Rwanda and how it makes a difference in people’s lives.
Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.