About BeFake
BeFake is a company based in Wilmington (United States) founded in 2023 by Kristen Garcia Dumont and Tracy Lane.. BeFake has raised $3 million across 1 funding round from investors including Khosla Ventures, Next Coast Ventures and Maveron. BeFake operates in a competitive market with competitors including Stability AI, Ideogram, Bria, Black Forest Labs and Civitai, among others.
- Headquarter Wilmington, United States
- Founders Kristen Garcia Dumont, Tracy Lane
-
Sectors
Media & EntertainmentTechnology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$3 M (USD)
in 1 rounds
-
Latest Funding Round
$3 M (USD), Seed
Sep 01, 2023
-
Investors
Khosla Ventures
& 5 more
-
Employee Count
Employee Count
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 BeFake
BeFake has successfully raised a total of $3M through 1 strategic funding round. The most recent funding activity was a Seed round of $3 million completed in September 2023. 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 1
- Last Round Seed — $3.0M
-
First Round
First Round
(01 Sep 2023)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Seed - BeFake | Valuation | Khosla Ventures |
| 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 BeFake
BeFake has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Khosla Ventures, Next Coast Ventures and Maveron. 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 |
|---|---|---|---|---|
|
Early-stage startups are funded by this venture capital firm.
|
Founded Year | Domain | Location | |
|
Early-stage technology companies are invested in via thematic research.
|
Founded Year | Domain | Location | |
|
Venture capital investments in consumer businesses, emphasizing technology and human behavior.
|
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 BeFake
| 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 - BeFake
| 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 |
Befake Comparisons
Competitors of BeFake
BeFake operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Stability AI, Ideogram, Bria, Black Forest Labs and Civitai, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Developer of generative AI models for image, video, audio, and 3D
|
|
| domain | founded_year | HQ Location |
Platform offering generative media tools
|
|
| domain | founded_year | HQ Location |
AI-based solutions are provided for creating customized visual content.
|
|
| domain | founded_year | HQ Location |
Black Forest Labs is recognized as a leading frontier AI research lab focused on visual infrastructure.
|
|
| domain | founded_year | HQ Location |
AI art models are generated via Stable Diffusion prompts.
|
| 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 BeFake
When was BeFake founded?
BeFake was founded in 2023.
Where is BeFake located?
BeFake is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.
Who is the current CEO of BeFake?
Kristen Garcia Dumont is the current CEO of BeFake. They have also founded this company.
Is BeFake a funded company?
BeFake is a funded company, having raised a total of $3M across 1 funding round to date. The company's 1st funding round was a Seed of $3M, raised on Sep 01, 2023.
What does BeFake do?
Founded in 2023, BeFake operates as an AI-driven platform based in Wilmington, United States, within the digital media sector. Images uploaded by users are processed through artificial intelligence to generate artistic modifications. Content creation and sharing features are provided, enabling digital self-expression. The service supports user interactions for uploading and distributing altered visuals across the platform.
Who are the top competitors of BeFake?
BeFake's top competitors include Stability AI, Bria and Ideogram.
Who are BeFake's investors?
BeFake has 6 investors. Key investors include Khosla Ventures, Next Coast Ventures, Maveron, Peter Thiel, and Joe Lonsdale.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.