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Sep 27, 2016 4:44 EST

Kambit blends social crowdfunding and online shopping in a way that allows nonprofits, companies, and individuals to create & support causes

iCrowdNewswire - Sep 27, 2016

Kambit, Inc. Logo

Kambit, Inc.

Cedar Park, TX 78613, US
Web Service Software
www.kambit.com

Kambit blends social crowdfunding and online shopping in a way that allows nonprofits, companies, and individuals to create & support causes. Using Kambit, users can donate just by buying the things they’ve already budgeted for. A portion of user purchases is donated to help fund charities of the users choice, or projects created by the user, their church, or their school. There is no added cost to the user. Kambit is a new twist on fundraising; the money is raised through online shopping of the mass general public instead of through cash donations. Kambit is powered by new, groundbreaking Kambit Exchange Technology that has never been seen before. This new technology monetizes crowd activity on a project need basis.

Kambit is a web based product that combines Social Crowdfunding with Online Shopping. Fundraising projects of any kind can be created by users and funded through supporters online shopping. Kambit is approved by over 500 eRetailers including Amazon, Best Buy, iTunes, Buy.com, Office Depot, and Orbitz to promote them in return for a percentage fee of user transactions. Kambit sends half of these funds to user designated fundraising projects.

Products / Services

Kambit

Kambit is a web based product that combines Social Fundraising with Online Shopping. Fundraising projects of any kind can be created by users and funded through supporters online shopping.

 

Management

Chief Executive Officer
John Michael Davis

I was born and raised in Fayetteville, Arkansas and met Kasey when we were in elementary school. I recently graduated from the University of Arkansas with a Masters in Accounting and a B.S.B.A. in Accounting and Finance. This past month I took and passed the CPA exam. I have been offered a job as a tax associate with Ernst & Young, but have chosen to pursue Kambit to the fullest. Kasey and I work extremely well together and compliment each other.

Chief Executive Officer
Kasey Walker

I am the son of a serial entrepreneur restaurant owner, and have served the hospitality industry for most of my life. I have been serving as the General Manager of Noodles Italian Kitchen for the past few years. We are both very involved in the overall strategic development and direction of the company. My primary area of focus will be on the marketing and creative side. I have a lot of experience creating and managing email campaigns.

Director Technology/Technologist
Joseph Knecht

Managing Director of i2rd, Interactive Information Research and Development, which generates a creative atmosphere for our employees — and their clients — that stimulates original research, the discovery of new ideas, and new technologies which result in commercial opportunities.

Portfolio companies include: Vipa Solutions, ProviderTrust, and PitchBurner.

Specialties: Developing value, Web products, Java, Competitive analysis, financing, venture capital, mergers and acquisition

LinkedIn Profile: http://www.linkedin.com/pub/joseph-knecht/4/211/497

Summary

Prior Year Revenue Current Year Revenue Next Year Revenue

 

Company Age Employees Sub-Industry
5 years 5 Other Web Service Software

 

Company Type Stock Exchange Stock Symbol
Privately-Held
Contact Information:

Kasey Walker

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