Airfrov

Singapore, Singapore Founded: 2014 • Age: 12 yrs
Provider of traveler assisted overseas shopping and logistics services

About Airfrov

Airfrov is a Retail company based in Singapore (Singapore) founded in 2014. Provider of traveler assisted overseas shopping and logistics services. It operates in the Retail and Transportation, Automotive & Logistics sectors. Airfrov has raised $500 thousand across 3 funding rounds from investors including East Ventures, Aaron Tan and Singtel Accelerator. Airfrov offers products and services including Gift Ideas Platform and Shopping Advice Blog. Its focus areas include Cross Border Commerce, Enabler, Logistics and P2P. Its legal entity is HM2B Pte. Ltd. Its competitors include ParcelX, Tracquire and IndoBox.

Company details

Provider of traveler-assisted overseas shopping and logistics services. The platform provides reliable reviews of local goods and enables a shopper to ask a traveler to get a product from overseas in exchange for a small fee. The company manages the logistics and holds the payment until the traveler comes back with the item with the service fee applicable. The platform claims a fulfillment rate for purchase requests within a limited time period and travelers on the platform are able to earn according per trip.

Key Metrics
  • Annual Revenue
    $302.4 K (USD)
    77
    as on Dec 31, 2017
  • Net Profit
    -$342.4 K (USD)
    -29
    as on Dec 31, 2017
  • Total Equity Funding
    $500K (USD)

    in 3 rounds

  • Latest Funding Round
    $500K (USD), Seed

    Jun 2017

  • Investors

Products & Services of Airfrov

Airfrov offers a comprehensive portfolio of products and services, including Gift Ideas Platform and Shopping Advice Blog.

Gift Ideas Platform
Ecommerce Platform

Online service for discovering and recommending gifts and shopping options

Shopping Advice Blog
Content Service

Provides reviews and tips on products, malls, and consumer trends

Funding Insights of Airfrov

Airfrov has successfully raised a total of $500K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $500 thousand completed in June 2017. 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 $500,000
  • Total Rounds 3
  • Last Round Seed β€” $500,000
  • First Round $14,000

    (Oct 2015)

  • Investors Count 3

All 3 funding rounds of Airfrov with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2017$500,000Seed–East Ventures
Mar 2016Seed–East Ventures
–
Oct 2015$14,000Grant––
Valuation history

3 investors in total: 2 institutional and 1 angel.

Investors in Airfrov

Airfrov has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include East Ventures, Aaron Tan and Singtel Accelerator.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital firm investing in Southeast Asian startups and publishing reports on technology and sustainability.
east.vc
singtelaccelerator.com

Aaron Tan

Angel investor and entrepreneur, co-founder of Carro, active in Southeast Asia and India.
unknown_101ef355182a47bda
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Investor details for Airfrov

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Timeline of Airfrov

3 dated milestones of Airfrov across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Airfrov is founded.
  2. Funding First funding round of $14K.
  3. Funding Latest funding round, Seed, of $500K.

Competitors of Airfrov

Airfrov has 3 listed competitors in our database. They include ParcelX, Tracquire and IndoBox.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
parcelx.io2018Singapore
Offers blockchain-enabled cross-border logistics services
tracquire.com2012Singapore
Operates a peer-to-peer courier service for efficient package delivery.
indoboxasia.com2013Singapore
Offers addresses for online shopping and affordable international shipping to global consumers.
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Detailed competitors of Airfrov

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Verified entity values are shown only after access is granted.

Web traffic of Airfrov

The website of Airfrov (airfrov.com) receives about 1K visits a month.

  • Monthly visits
    1K

    ▼ 26.2% vs previous month

Top companies in Cross-Border E-Commerce & Marketplaces

2 companies that operate in the same segment as Airfrov (Cross-Border E-Commerce & Marketplaces) in Singapore, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cross-border eCommerce solutions are provided for online businesses.
2011Singapore, SingaporeUSD 66.26 MUSD 492.26 M
Multi-category consumer products are retailed online through a dedicated platform.
2010Singapore, SingaporeUSD 20 M
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Frequently Asked Questions about Airfrov

Airfrov was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Airfrov is headquartered in Singapore, Singapore.

Airfrov is a funded company, having raised a total of $500K across 3 funding rounds to date. The company's 1st funding round was a Grant of $14K, raised on Oct 2015.

Annual revenue of Airfrov is $302.4K as on Dec 31, 2017.

Provider of traveler-assisted overseas shopping and logistics services. The platform provides reliable reviews of local goods and enables a shopper to ask a traveler to get a product from overseas in exchange for a small fee. The company manages the logistics and holds the payment until the traveler comes back with the item with the service fee applicable. The platform claims a fulfillment rate for purchase requests within a limited time period and travelers on the platform are able to earn according per trip.

Airfrov's top competitors include ParcelX, Tracquire and IndoBox.

Airfrov offers Gift Ideas Platform and Shopping Advice Blog.

Airfrov has 3 investors. Key investors include East Ventures, Aaron Tan, and Singtel Accelerator.

Airfrov operates through Hm2b Pte. Ltd..

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