About Fake Spot
Fake Spot is a company based in New York (United States) founded in 2016 by Rob Gross and Saoud Khalifah was acquired by Mozilla in May 2023.. Fake Spot has raised $7.05 million across 3 funding rounds from investors including Mozilla, Bullpen Capital and 500 Global.
- Headquarter New York, United States
- Founders Rob Gross, Saoud Khalifah
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Sectors
Retail
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Email
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Phone
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Website
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Social
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Funding Insights of Fake Spot
Fake Spot has successfully raised a total of $7.05M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $4 million completed in November 2020. 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 Series A — $4.0M
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First Round
First Round
(05 Sep 2018)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2020 | Amount | Series A - Fake Spot | Valuation | Bullpen Capital | |
| May, 2020 | Amount | Seed - Fake Spot | Valuation |
investors |
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| Sep, 2018 | Amount | Seed - Fake Spot | 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 Fake Spot
Fake Spot has secured backing from 7 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Mozilla, Bullpen Capital and 500 Global. 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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Seed & early stage tech-focused venture capital firm investing in the US and Canada
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Founded Year | Domain | Location | |
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Venture capital and acceleration are provided to tech startups.
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Founded Year | Domain | Location | |
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Investing in enterprise tech, consumer, and health/bio sectors.
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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 Fake Spot
| 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 - Fake Spot
| 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 |
Fake Spot Comparisons
Competitors of Fake Spot
| 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 Fake Spot
Frequently Asked Questions about Fake Spot
When was Fake Spot founded?
Fake Spot was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Fake Spot located?
Fake Spot is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Fake Spot?
Saoud Khalifah is the current CEO of Fake Spot. They have also founded this company.
Is Fake Spot a funded company?
Fake Spot is a funded company, having raised a total of $7.05M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.3M, raised on Sep 05, 2018.
What does Fake Spot do?
FakeSpot was founded in 2016 in New York, United States, and operates in the AI sector focused on e-commerce review verification. A browser extension is provided to detect fraudulent consumer reviews and third-party sellers across multiple product categories in real-time. Additionally, mobile applications for Android and iOS devices are offered to support review analysis on various platforms.
Who are Fake Spot's investors?
Fake Spot has 7 investors. Key investors include Mozilla, Bullpen Capital, 500 Global, SRI Capital, and Faith Capital.
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