Dan Bladen, co-founder and CEO of Kadence, recounts the venture funding raised by his previous IoT startup Chargifi before its pivot.
0:00 / 0:04exact quote · 4.6s
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“We raised about 17 and a half million dollars from Intel and Hewlett Packard Enterprise.”
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More from Dan Bladen
Disclosure
Bladen: Kadence raised Series A at mid-teens ARR multiple
“Mid teens.”
Dan BladenApr 15, 2026▶ 13:57Kadence Reaches $15M ARR Managing Hybrid Work for Revolut & Boeing
“So you can be a company like Willis Tau Watson that works with us, right? They've gone from 10.1 to 4.7 million square feet. So now that everybody's not in the office every single day, though, that's obviously a various difference across lots of different comp…”
Dan BladenApr 15, 2026▶ 1:28Kadence Reaches $15M ARR Managing Hybrid Work for Revolut & Boeing
Disclosure
New VCs urged Bladen to abandon early investors; he pitched 100 instead
“We had a lot of investors saying, hey, new, new investors, we wanna come into Cadence, just ditch them, start this afresh on the side but that didn't feel like winning the right way to me, so we, I did over a hundred investors to get the round done”
Dan BladenApr 15, 2026▶ 9:02Kadence Reaches $15M ARR Managing Hybrid Work for Revolut & Boeing
Disclosure
Bladen reset the company cap table after being diluted to 15 percent
“I was down to about 15% of the business at that point, and so yeah, I went to them, proposed, hey, we're gonna have to, the way to protect everybody's ownership, keep you guys all in, is to do an options increase so that's what we did.”
Dan BladenApr 15, 2026▶ 12:02Kadence Reaches $15M ARR Managing Hybrid Work for Revolut & Boeing
AssertionNot checkable as stated
Bladen: Kadence achieved over 130% net dollar retention
“North of a 130%.”
Dan BladenApr 15, 2026▶ 14:48Kadence Reaches $15M ARR Managing Hybrid Work for Revolut & Boeing
AssertionNot checkable as stated
Bladen: Kadence ARR run rate is around $15M
“We don't talk too publicly about it, but yeah, we're in and around that range.”
Dan BladenApr 15, 2026▶ 15:30Kadence Reaches $15M ARR Managing Hybrid Work for Revolut & Boeing
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