About Crazyfire
Crazyfire is a company based in Hong Kong (China) founded in 2014 by Raymond Zhang.. Crazyfire has raised $757 thousand across 1 funding round from investors including Huixinquan Investment. Crazyfire offers products and services including Promo Codes and Shopping Tips. Crazyfire operates in a competitive market with competitors including Segway, Unagi Scooters, Striemo, Freeway and Levy Electric, among others.
- Headquarter Hong Kong, China
- Founders Raymond Zhang
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$757 K (USD)
in 1 rounds
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Latest Funding Round
$757 K (USD), Seed
Jan 10, 2016
- Investors
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Employee Count
Employee Count
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Products & Services of Crazyfire
Crazyfire offers a comprehensive portfolio of products and services, including Promo Codes and Shopping Tips. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Service for accessing and applying codes to reduce shopping costs.
Guides on planning purchases and using coupons effectively.
Funding Insights of Crazyfire
Crazyfire has successfully raised a total of $757K through 1 strategic funding round. The most recent funding activity was a Seed round of $757 thousand completed in January 2016. 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 — $757,000
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First Round
First Round
(10 Jan 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2016 | Amount | Seed - Crazyfire | Valuation |
investors |
| 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 |
Investors in Crazyfire
Crazyfire has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Huixinquan Investment. 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 |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Crazyfire
| 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 - Crazyfire
| 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 |
Crazyfire Comparisons
Competitors of Crazyfire
Crazyfire 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 Segway, Unagi Scooters, Striemo, Freeway and Levy Electric, 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 |
Multi-category electric vehicles are manufactured for diverse applications.
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| domain | founded_year | HQ Location |
Electric kick scooters are manufactured and developed by Unagi Scooters.
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| domain | founded_year | HQ Location |
Electric kick scooters for short-distance travel are manufactured by Striemo.
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| domain | founded_year | HQ Location |
Personal electric trikes with lithium-ion batteries are developed.
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| domain | founded_year | HQ Location |
Provides affordable electric scooters with swappable batteries for daily urban travel.
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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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Frequently Asked Questions about Crazyfire
When was Crazyfire founded?
Crazyfire was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Crazyfire located?
Crazyfire is headquartered in Hong Kong, China.
Is Crazyfire a funded company?
Crazyfire is a funded company, having raised a total of $757K across 1 funding round to date. The company's 1st funding round was a Seed of $757K, raised on Jan 10, 2016.
What does Crazyfire do?
Crazyfire was founded in 2014 in Hong Kong, China, focusing on the personal mobility sector. Lightweight, foldable vehicles like the ZAR model, weighing 4kg with a 15km range, are produced for short-distance travel. An integrated Android app enables map navigation, tracking, and real-time location sharing. Products are priced at 699 and sold online via Amazon, supporting urban commuting needs.
Who are the top competitors of Crazyfire?
Crazyfire's top competitors include Segway, Striemo and Unagi Scooters.
What products or services does Crazyfire offer?
Crazyfire offers Promo Codes and Shopping Tips.
Who are Crazyfire's investors?
Crazyfire has 1 investor. Key investors include Huixinquan Investment.
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