Company Culture

Kinglet wraps $500K angel round

Investors include the cofounder of Millennial Media and the CFO of Baltimore titan Under Armour.

What a listing on Kinglet looks like. (Screenshot via kinglet.biz)

Kinglet closed $500,000 in angel round funding, officials there announced Tuesday.
Kinglet is an online marketplace allowing entrepreneurs and small businesses to rent office space as small as a desk and chair.
Investors include Merkle CEO David Williams, Under Armour CFO Brad Dickerson and Millennial Media co-founder Chris Brandenburg.
Jeff Jacobson, Kinglet’s cofounder and CMO, said in a release that the funding will allow Kinglet to expand to Washington and Philadelphia, as well as boost hiring.
“Hiring talented developers will also be a priority as we continue to provide an innovative online marketplace for landlords, entrepreneurs and small businesses,” Jacobson said.
Brandenburg, who left Millennial in 2013, was also involved in the $7 million Series A round of investments into Canton-based OrderUp.
“Jeff and [cofounder and CEO Alex Kopicki’s] entrepreneurial pedigree, having previously launched a very successful commercial real estate startup, and their deep experience in the space give them a very unique perspective on the challenges faced by all entrepreneurs as they relate to office space,” Brandenburg said in the release. “Combining that with the simple fact that the market is clamoring for the changes Kinglet’s solution provides — variety, flexibility and simplicity in attaining office space — made this investment an easy choice for me.”
Kinglet, a Betamore graduate, has already inked partners in the form of Corporate Office Properties Trust and Maryland Nonprofits and manages leasing for 285 spaces in Baltimore and suburbs including Towson, Annapolis and Gaithersburg.

Companies: Kinglet / OrderUp / Under Armour / Millennial Media / Betamore

Before you go...

Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.

Our services Preferred partners The journalism fund
Engagement

Join our growing Slack community

Join 5,000 tech professionals and entrepreneurs in our community Slack today!

Trending

High school seniors in Maryland are getting daily AI training 

Let’s vote (again), Baltimore: Meet your 2024 Technical.ly Award nominees

Cannabis gets the spotlight at a DMV tech conference

This Week in Jobs: Unfreeze your career with these 30 open roles

Technically Media