About AFARA
AFARA is a company based in Calgary (Canada) founded in 2014 by Dan Zilnik was acquired by EY in September 2022.. AFARA has raised $13.51 million across 2 funding rounds from investors including EY, Clear Ventures and Sun Microsystems.
- Headquarter Calgary, Canada
- Founders Dan Zilnik
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of AFARA
AFARA has successfully raised a total of $13.51M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $13.41 million completed in May 2002. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $13.4M
-
First Round
First Round
(01 Jun 2000)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2002 | Amount | Series A - AFARA | Valuation |
investors |
|
| Jun, 2000 | Amount | Seed - AFARA | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AFARA
AFARA has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include EY, Clear Ventures and Sun Microsystems. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Tech focused early stage VC firm investing in the US, Europe, Asia
|
Founded Year | Domain | Location | |
|
Assurance, tax, consulting, and transaction services are provided globally.
|
Founded Year | Domain | Location | |
|
Provides scalable hardware systems, servers, and storage for enterprise database optimization and management.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by AFARA
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - AFARA
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Afara Comparisons
Competitors of AFARA
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about AFARA
When was AFARA founded?
AFARA was founded in 2014.
Where is AFARA located?
AFARA is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
Is AFARA a funded company?
AFARA is a funded company, having raised a total of $13.51M across 2 funding rounds to date. The company's 1st funding round was a Seed of $100K, raised on Jun 01, 2000.
What does AFARA do?
AFARA was founded in 2014 and is headquartered in Calgary, Canada. Management consulting services are offered to support business operations and strategic decisions. Expertise is focused on advisory roles across various sectors, with operations centered in the North American market. Leadership is provided by Dan Zilnik as founder and president, ensuring structured guidance for clients.
Who are AFARA's investors?
AFARA has 3 investors. Key investors include EY, Clear Ventures, and Sun Microsystems.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.