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Kingo

181 employees

Lack of access to energy and connectivity are formidable barriers to human progress in developing countries. Reliable energy and internet open the doors to improved healthcare, education and economic opportunities. However, over 1 billion people still lack access to modern energy services, and billions more lack internet connectivity. Kingo Holding Company, Inc. is a technology startup formed in 2022 to acquire and restructure the business and operations of Ignite Holding Company Inc, which previously operated under the Kingo tradename. We provide affordable clean energy and connectivity solutions to people and small businesses in off-the-grid (OTG) communities in Guatemala and Colombia. We design and operate high-uptime systems that provide last-mile service in remote and areas where traditional wired infrastructure is too challenging or costly to deploy. We serve approximately 700 communities with an aggregate population of 250,000 people, mostly subsistence-level farmers living at the so-called “base of the pyramid.” Kingo uses internet-of-things (IoT) technology to enable consumer goods and financial services companies expand to OTG areas. We also make it possible for OTG communities to have access to education, healthcare and other basic services for the first time.

Investor insights

Funding rounds participated in

$2.1M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Technology, Information and Internet

Sectors

Technology, Information and Internet

Date founded

2022

Funding rounds raised

Total raised

$2.1M

from investors over 1 rounds

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Kingo raised $2.1M on May 30, 2024

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