FILE PHOTO: Kenny Rueter, CEO of Kajabi poses by the company's office logo in Irvine, California, U.S., November 2020 in this handout image obtained by Reuters on May 3, 2021. Courtesy of Kajabi/Handout via REUTERS
(Reuters) - Kajabi, an e-commerce platform that serves knowledge-based businesses, said on Tuesday it raised $550 million in its latest round of funding led by Tiger Global Management, which puts the company’s valuation at over $2 billion.
The mega round comes as the pandemic has given online businesses a boost and shown the potential growth of what some call the “knowledge economy” including business coaches, trainers, podcast and newsletter makers, and more.
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