Knorish, a do-it-yourself platform for creators to take their business online, has raised $1.1 million in a pre-Series A funding round led by Inflection Point Ventures along with participation of Rockstud Capital, Pentathlon Ventures and Prophetic Ventures syndicate, among others.
The financing follows a $323,000 round in June last year, bringing the total amount raised by the company to $1.4 million, according to a statement released on Monday. The new funds will be used for building sales funnels and automations for online academies, it added.
Founded by Kinner Sacchdev and Rakhi Wadhwa in April 2018, Knorish Frameworks Pvt. Ltd. is a software-as-a-service platform that allows its users to launch stores and sales funnels for selling courses and content.
“Coaches and instructors are good at teaching, but they struggle to sell. With Knorish’s funnel builder, over 90% of content sellers are able to cross $1,000 within the first few months of launching their first funnel,” Sacchdev, who is also the chief executive officer of the company, said.