About Crayfish
Crayfish is a company based in Cambridge (United Kingdom) founded in 2016 by Ting Zhang, Jiao Li, and Elizabeth YT Hill.. Crayfish has raised $534.72 thousand across 3 funding rounds. Crayfish operates in a competitive market with competitors including Zingword, Cdfanfan, 365Fanyi, MyHelpBuddy and Babelcube, among others.
- Headquarter Cambridge, United Kingdom
- Founders Ting Zhang, Jiao Li, Elizabeth YT Hill
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Crayfish.Io Ltd
- Date of Incorporation 28 Oct, 2016
- Jurisdiction CAMBRIDGE, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$534.72 K (USD)
in 3 rounds
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Latest Funding Round
$304.33 K (USD), Seed
Feb 14, 2023
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Investors
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Employee Count
Employee Count
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Sales and Marketing
1 people
Leadership Team
1 people
Operations Team
1 people
Finance and Accounting
1 people
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Funding Insights of Crayfish
Crayfish has successfully raised a total of $534.72K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $304.33 thousand completed in February 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 3
- Last Round Seed — $304,330
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First Round
First Round
(24 Feb 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2023 | Amount | Seed - Crayfish | Valuation |
investors |
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| Mar, 2018 | Amount | Seed - Crayfish | Valuation |
investors |
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| Feb, 2017 | Amount | Seed - Crayfish | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Crayfish
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Crayfish
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Crayfish Comparisons
Competitors of Crayfish
Crayfish 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 Zingword, Cdfanfan, 365Fanyi, MyHelpBuddy and Babelcube, 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 |
Online freelancing job portal for translators
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| domain | founded_year | HQ Location |
Online platform to book translation services
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| domain | founded_year | HQ Location |
Translation services are crowdsourced via an expert-matching marketplace.
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| domain | founded_year | HQ Location |
Online freelance marketplace for transational services
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| domain | founded_year | HQ Location |
Translation services are matched via an online freelancer marketplace.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Crayfish
Frequently Asked Questions about Crayfish
When was Crayfish founded?
Crayfish was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Crayfish located?
Crayfish is headquartered in Cambridge, United Kingdom. It is registered at Cambridge, Cambridgeshire, United Kingdom.
Who is the current CEO of Crayfish?
Ting Zhang is the current CEO of Crayfish. They have also founded this company.
Is Crayfish a funded company?
Crayfish is a funded company, having raised a total of $534.72K across 3 funding rounds to date. The company's 1st funding round was a Seed of $112.19K, raised on Feb 24, 2017.
What does Crayfish do?
Founded in 2016 and based in Cambridge, United Kingdom, Crayfish operates as an online recruitment platform focused on bilingual freelancers. Projects are posted by employers with specified budgets, allowing searches and filtering of freelancers based on ratings, experience, and portfolios. Hires are facilitated through the platform, with all transactions processed via PayPal. Freelancer profiles are created and verified through document submissions for approval.
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