About CrowdForce
CrowdForce is a company based in San Francisco (United States) founded in 2016 by Damilola Ayorinde and Oluwatomi Ayorinde. It operates as a B2B. CrowdForce has raised $3.73 million across 5 funding rounds from investors including HAVAIC, Asia Africa Investment and Consulting and Aruwa Capital Management. CrowdForce operates in a competitive market with competitors including yufin, CIT VERiCASH, SaveChain, Skylight and Chomoka, among others.
- Headquarter San Francisco, United States
- Founders Damilola Ayorinde, Oluwatomi Ayorinde
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Sectors
Technology
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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
$3.73 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
HAVAIC
& 5 more
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Employee Count
Employee Count
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Funding Insights of CrowdForce
CrowdForce has successfully raised a total of $3.73M across 5 strategic funding rounds. 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 5
- Last Round Last Round
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Debt – Conventional - CrowdForce | Valuation |
investors |
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| Feb, 2022 | Amount | Seed - CrowdForce | Valuation | Aruwa Capital Management | |
| Jun, 2020 | Amount | Seed - CrowdForce | Valuation | Y Combinator |
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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 |
Investors in CrowdForce
CrowdForce has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include HAVAIC, Asia Africa Investment and Consulting and Aruwa Capital Management. 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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Venture capital fund investing in healthcare startups
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Founded Year | Domain | Location | |
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Early-stage centric tech and energy focused VC firm investing in geographies such as South Africa
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Founded Year | Domain | Location | |
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Aruwa Capital Management is engaged in investment management services.
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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 CrowdForce
| 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.
|
2016 |
Financial Statements - CrowdForce
| 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 |
Crowdforce Comparisons
Competitors of CrowdForce
CrowdForce 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 yufin, CIT VERiCASH, SaveChain, Skylight and Chomoka, 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 |
Provider of merchant services acquiring and payments hub for small merchants
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| domain | founded_year | HQ Location |
Mobile payment software is provided to financial institutions and operators.
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| domain | founded_year | HQ Location |
Non-residential U.S. bank accounts are facilitated through correspondent banking services.
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| domain | founded_year | HQ Location |
Correspondent banking services are provided to financial institutions from Atlanta.
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| domain | founded_year | HQ Location |
Provides correspondent banking solutions for savings groups and women.
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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 Crowdforce
Frequently Asked Questions about CrowdForce
When was CrowdForce founded?
CrowdForce was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is CrowdForce located?
CrowdForce is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of CrowdForce?
Oluwatomi Ayorinde is the current CEO of CrowdForce. They have also founded this company.
Is CrowdForce a funded company?
CrowdForce is a funded company, having raised a total of $3.73M across 5 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Jun 01, 2017.
What does CrowdForce do?
CrowdForce, based in San Francisco, focuses on leveraging cutting-edge technology, networking, business platforms, and micro enterprises. Operates a decentralized network connecting micro businesses for enhanced collaboration. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of CrowdForce?
CrowdForce's top competitors include yufin, CIT VERiCASH and Skylight.
Who are CrowdForce's investors?
CrowdForce has 6 investors. Key investors include HAVAIC, Asia Africa Investment and Consulting, Aruwa Capital Management, Y Combinator, and 500 Global.