Kajabi
Kajabi LLC is an Irvine, California-based SaaS technology company that develops a platform for creators and entrepreneurs to create, market and sell digital content. The company is a tech unicorn, with a $2 billion valuation. The company was founded in 2010, and its CEO as of March 2022 is Ahad Khan. History Kajabi was founded in Irvine, California in 2010 by Kenny Rueter, a software engineer who created a PVC sprinkler toy for his sons. The toy was popular, and after having difficulty trying to monetize a related how-to video on YouTube, Rueter started Kajabi. The company integrated various software that digital entrepreneurs needed to start online businesses. In November 2019, the company took its first outside capital since its inception, a minority equity investment from Spectrum Equity Partners. In 2021, Ahad Khan took over as CEO, and founder Rueter became executive chairman. In May 2021, the company raised a $550 million funding round at a $2 billion valuation, making it a tech unicorn. The funding round was led by Tiger Global, with participation from TPG Capital, Tidemark Capital, Owl Rock, Meritech Capital Partners, and Spectrum Equity. In July, the company added podcast hosting and marketing features for business owners.