Kennedy Lewis Investment Management

Kennedy Lewis Investment Management LLC is a private equity and credit management firm founded in 2017, headquartered in New York City, with an additional office in Miami, Florida. The firm focuses on middle-market companies that are experiencing disruptions, offering capital solutions in both equity and distressed debt investments. Its strategy emphasizes event-driven situations where specific catalysts can unlock value independently of overall market conditions. Kennedy Lewis targets companies with unsustainable capital structures or those lacking access to traditional financing sources. Through a rigorous credit approach and established sector insights, the firm concentrates its investments in a variety of industries, including healthcare, automotive, financial services, and technology. The firm's investment profile is characterized by complex, highly structured opportunities with significant asset coverage, requiring a contrarian investment perspective.

Douglas Logigian

Co-Managing Partner, President and Member of Investment and Executive Committee

Robert Nitkin

Director

Darren Richman

Co-Founder, Co-Portfolio Manager, Co-Managing Partner and Co-Chairs of Firm Investment Committee and Executive Committee

13 past transactions

EchoNous

Series D in 2022
EchoNous, Inc. is a medical technology company based in Redmond, Washington, that specializes in developing AI-guided ultrasound devices for bladder and kidney care. The company offers a range of products, including KOSMOS for cardiothoracic assessment, Vein for ultrasound guidance in peripheral IV placement, and Uscan, an AI-driven tool for bladder assessment. EchoNous also provides a non-mechanical bladder tool designed for enhanced durability and an AI Station for organizing supplies. Founded in 2015, the company aims to address common healthcare challenges by leveraging artificial intelligence and machine learning to improve diagnostic capabilities, thereby enhancing patient care and operational efficiency.

Sanctuary Wealth

Convertible Note in 2022
Operator of an investment platform intended to provide freedom, flexibility and control of owning one's own business. The company's platform of partnered independence ensures entrepreneurial advisors have the resources and services they need without giving up the support, infrastructure, platform and integration they rely on at a large bank or brokerage firm.

Impulse Dynamics

Venture Round in 2022
Impulse Dynamics N.V. is a medical device company focused on developing electrical therapies for chronic heart failure (CHF) in the United States and Europe. The company specializes in Cardiac Contractility Modulation therapy, utilizing its proprietary technology to administer non-excitatory electrical impulses that enhance cardiac performance. The Optimizer III device, which is CE marked, delivers these impulses to the ventricular septum during the myocardial absolute refractory period. Impulse Dynamics conducts clinical trials to evaluate the safety and efficacy of its treatments and collaborates with universities and hospitals for research programs. Founded in 1996 and headquartered in Willemstad, Curacao, the company also has offices in New York and Hong Kong, along with product development centers in New Jersey and Israel.

Clickatell

Series C in 2022
Clickatell Inc. specializes in mobile messaging and transaction services that facilitate communication and transactions between businesses and their customers via mobile devices. Founded in 2000 and headquartered in Silicon Valley, the company offers a range of solutions, including SMS messaging for alerts, marketing campaigns, and customer relationship management, as well as mobile transaction services like prepaid mobile top-ups. Clickatell's Mobile eXchange platform enables global message delivery, while its USSD-based banking products assist financial institutions in reducing foot traffic to branches. Additionally, the company provides Clickatell Secure, a multi-factor authentication suite for transaction protection, and Chat Desk, a digital contact center that enhances customer service through real-time chat support. With a diverse clientele that includes enterprises, government agencies, and application developers, Clickatell serves over 18,000 brands and businesses worldwide, making it a leader in the mobile communications sector.

Gelesis

Post in 2022
Gelesis, Inc. is a biotechnology company focused on developing therapies for gastrointestinal-related chronic diseases, particularly obesity and type 2 diabetes. Utilizing a mechanobiology technology platform, Gelesis creates innovative products aimed at weight management. Its lead product, Gelesis100, is an orally administered smart pill composed of hydrogel particles that expand in the gastrointestinal tract, promoting a feeling of fullness and aiding in calorie reduction. This product is designed to be safe, having materials recognized as safe by regulatory authorities. In addition to Gelesis100, the company has a pipeline of potential therapies targeting conditions such as non-alcoholic fatty liver disease, non-alcoholic steatohepatitis, and chronic idiopathic constipation. Founded in 2006, Gelesis is based in Boston, Massachusetts.

EchoNous

Venture Round in 2021
EchoNous, Inc. is a medical technology company based in Redmond, Washington, that specializes in developing AI-guided ultrasound devices for bladder and kidney care. The company offers a range of products, including KOSMOS for cardiothoracic assessment, Vein for ultrasound guidance in peripheral IV placement, and Uscan, an AI-driven tool for bladder assessment. EchoNous also provides a non-mechanical bladder tool designed for enhanced durability and an AI Station for organizing supplies. Founded in 2015, the company aims to address common healthcare challenges by leveraging artificial intelligence and machine learning to improve diagnostic capabilities, thereby enhancing patient care and operational efficiency.

Kodak

Post in 2021
Kodak is a technology company based in Rochester, New York, established in 1888 by George Eastman. It specializes in providing imaging solutions and services for both enterprises and consumers. The company is known for its photographic film products but has shifted its focus toward digital photography and digital printing in response to the rise of digital cameras. Kodak's key segments include digital printing and enterprise solutions, as well as graphic communications and professional services. Although it previously manufactured a range of consumer products, including digital cameras and video devices, Kodak is now primarily concentrated on the corporate digital imaging market, offering a variety of services tailored to business needs.

Kodak

Post in 2021
Kodak is a technology company based in Rochester, New York, established in 1888 by George Eastman. It specializes in providing imaging solutions and services for both enterprises and consumers. The company is known for its photographic film products but has shifted its focus toward digital photography and digital printing in response to the rise of digital cameras. Kodak's key segments include digital printing and enterprise solutions, as well as graphic communications and professional services. Although it previously manufactured a range of consumer products, including digital cameras and video devices, Kodak is now primarily concentrated on the corporate digital imaging market, offering a variety of services tailored to business needs.

Kodak

Post in 2021
Kodak is a technology company based in Rochester, New York, established in 1888 by George Eastman. It specializes in providing imaging solutions and services for both enterprises and consumers. The company is known for its photographic film products but has shifted its focus toward digital photography and digital printing in response to the rise of digital cameras. Kodak's key segments include digital printing and enterprise solutions, as well as graphic communications and professional services. Although it previously manufactured a range of consumer products, including digital cameras and video devices, Kodak is now primarily concentrated on the corporate digital imaging market, offering a variety of services tailored to business needs.

Impulse Dynamics

Series D in 2019
Impulse Dynamics N.V. is a medical device company focused on developing electrical therapies for chronic heart failure (CHF) in the United States and Europe. The company specializes in Cardiac Contractility Modulation therapy, utilizing its proprietary technology to administer non-excitatory electrical impulses that enhance cardiac performance. The Optimizer III device, which is CE marked, delivers these impulses to the ventricular septum during the myocardial absolute refractory period. Impulse Dynamics conducts clinical trials to evaluate the safety and efficacy of its treatments and collaborates with universities and hospitals for research programs. Founded in 1996 and headquartered in Willemstad, Curacao, the company also has offices in New York and Hong Kong, along with product development centers in New Jersey and Israel.

Flywheel Sports

Acquisition in 2019
Flywheel Sports, Inc. was founded in 2009 and is based in New York, New York. The company specialized in indoor cycling and offered a data-driven, high-intensity cardio workout experience aimed at helping riders achieve fitness goals. Its studios provided an immersive environment where participants could measure their performance and track their progress over time. In addition to fitness services, Flywheel Sports sold apparel and accessories online. However, on September 14, 2020, the company filed for liquidation under Chapter 7 in the U.S. Bankruptcy Court for the Southern District of New York, marking a significant shift in its operations.

Vemo Education

Series A in 2019
Vemo Education, Inc. is an educational technology company based in Reston, Virginia, dedicated to enhancing educational access for all Americans. The company specializes in income-based student financing solutions, particularly through the design and implementation of income share agreement (ISA) programs. Vemo partners with colleges and universities to create tailored financing options that address financial barriers to education and promote economic mobility. Their services encompass product design, fund creation, loan origination, disbursement, servicing, and compliance with legal regulations. Through these efforts, Vemo aims to improve educational opportunities and support the financial well-being of students.
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