Kandji Secures $100M to Boost Apple Endpoint Management Platform

Kandji, the Apple endpoint management and security platform, announced it raised $100 million in capital from General Catalyst. The investment is split evenly, with $50 million allocated to equity financing for Kandji's Series D and another $50 million designated for go-to-market investment.

The latest round of funding brings Kandji’s valuation to $850 million and will see Deep Nishar from General Catalyst joining Kandji’s Board of Directors.

“In our view, Kandji brings a unique combination of innovative solutions and fiscal value to their customers with their sophisticated approach to Apple endpoint management and security,” said Nishar. “We believe Kandji has a truly differentiated approach, and we are excited to embark on this long-term partnership with Adam and team.”
 

According to company officials, the equity financing will be used for product innovation and engineering enhancements as well as accelerating Kandji's growth and scaling efforts in sales and marketing.

Since its last funding round in 2021, Kandji experienced over 600% growth in annual recurring revenue and its customer base has nearly quadrupled, spanning across more than 40 industries.

The company, who was named to Forbes’ Next Billion Dollar Startup List for 2023, also recently introduced new advancements to its product portfolio, including Assignment Maps and Prism to provide IT teams with the automation and visibility needed to manage Apple device fleets efficiently at scale. 

“Delivering value to customers has been our north star since founding Kandji in 2018, and we’ve realized this vision by building products that enable the comprehensive endpoint management and security of Apple devices in the enterprise,” said Adam Pettit, CEO and co-founder of Kandji. “As we embark on this next phase of growth, we remain steadfast in our mission of bringing thoughtful automation, unparalleled customer support, and a superior experience to admins and end users. Our future product innovation will only continue this trajectory and further establish Kandji as the leading integrated platform for enterprise Apple device management and security.”