About Fairphone
Fairphone is a company based in Amsterdam (Netherlands) founded in 2011 by Miquel Ballester Salva and Bas Van Abel.. Fairphone has raised $69.01 million across 7 funding rounds from investors including ABN AMRO, European Union and DOEN Foundation. Fairphone operates in a competitive market with competitors including Samsung, Apple, Meizu, Coolpad and EMDR Kit, among others.
- Headquarter Amsterdam, Netherlands
- Founders Miquel Ballester Salva, Bas Van Abel
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Sectors
ConsumerRetail
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$69.01 M (USD)
in 7 rounds
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Latest Funding Round
$53.27 M (USD), Series B
Jan 31, 2023
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Investors
ABN AMRO
& 9 more
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Employee Count
Employee Count
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Software Development Team
1 people
Supply Team
1 people
Impact Team
1 people
Sales and Marketing
1 people
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Funding Insights of Fairphone
Fairphone has successfully raised a total of $69.01M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $53.27 million completed in January 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 7
- Last Round Series B — $53.3M
- First Round First Round
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Series B - Fairphone | Valuation | Invest-NL , DALHAP Investments | |
| Dec, 2018 | Amount | Series A - Fairphone | Valuation | PDENH , Quadia | |
| Dec, 2018 | Amount | Debt – Conventional - Fairphone | 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 Fairphone
Fairphone has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include ABN AMRO, European Union and DOEN Foundation. 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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Infrastructure and venture capital funding is provided in key sectors.
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Founded Year | Domain | Location | |
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Energy and tech investments are made primarily in Europe.
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Founded Year | Domain | Location | |
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Impact investments are made in transformative agricultural technologies.
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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 Fairphone
| 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 - Fairphone
| 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 |
Fairphone Comparisons
Competitors of Fairphone
Fairphone 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 Samsung, Apple, Meizu, Coolpad and EMDR Kit, 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 electronic products are manufactured globally by the company.
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| domain | founded_year | HQ Location |
Consumer electronics, computers, and software are designed and sold worldwide.
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| domain | founded_year | HQ Location |
Multi-category consumer electronics are provided by an internet-first brand.
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| domain | founded_year | HQ Location |
Wireless solutions and smartphones are provided by Coolpad in China.
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| domain | founded_year | HQ Location |
Provides EMDR therapy equipment for mental health professionals via online sales.
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| domain | founded_year | HQ Location |
Offers protective cases, accessories for smartphones, tablets, and tech devices.
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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 Fairphone
Frequently Asked Questions about Fairphone
When was Fairphone founded?
Fairphone was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is Fairphone located?
Fairphone is headquartered in Amsterdam, Netherlands.
Who is the current CEO of Fairphone?
Raymond van Eck is the current CEO of Fairphone.
Is Fairphone a funded company?
Fairphone is a funded company, having raised a total of $69.01M across 7 funding rounds to date. The company's 1st funding round was a Series A of $5.11M, raised on Jun 01, 2012.
What does Fairphone do?
Fairphone was founded in 2011 and is headquartered in Amsterdam, Netherlands. Operations focus on online retail within the consumer electronics sector, where a variety of smartphones compatible with different operating systems are provided. Wireless earbuds and headphones form the audio product lineup, alongside accessories like cases and screen protectors. Spare parts for device repairs are also supplied to support maintenance needs.
Who are the top competitors of Fairphone?
Who are Fairphone's investors?
Fairphone has 10 investors. Key investors include ABN AMRO, European Union, DOEN Foundation, Bethnal Green Ventures, and Invest-NL.