About Farie
Farie is a company based in Zurich (Switzerland) founded in 2021.. Farie has raised $4.54 million across 1 funding round from investors including Carvolution and Die Mobiliar. Farie operates in a competitive market with competitors including AutoScout24 Switzerland, Autolina, car4you, Car Collector and CAR FOR YOU, among others.
- Headquarter Zurich, Switzerland
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Sectors
Transportation, Automotive & Logistics
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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
$4.54 M (USD)
in 1 rounds
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Latest Funding Round
$4.54 M (USD), Series A
Feb 27, 2024
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Investors
Carvolution
& 1 more
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Employee Count
Employee Count
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Funding Insights of Farie
Farie has successfully raised a total of $4.54M through 1 strategic funding round. The most recent funding activity was a Series A round of $4.54 million completed in February 2024. 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 Series A — $4.5M
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First Round
First Round
(27 Feb 2024)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Series A - Farie | Valuation | Die Mobiliar , Carvolution |
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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 Farie
Farie has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Carvolution and Die Mobiliar. 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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Life and non-life insurance is provided by this Swiss cooperative.
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Founded Year | Domain | Location | |
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Car subscription services are provided by Carvolution in Switzerland.
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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 Farie
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Farie
| 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 |
Farie Comparisons
Competitors of Farie
Farie 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 AutoScout24 Switzerland, Autolina, car4you, Car Collector and CAR FOR YOU, 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 classifieds portal of used & new automobiles
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| domain | founded_year | HQ Location |
Listing platform for buying and selling new and used cars
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| domain | founded_year | HQ Location |
Offers intellectual property protection, domain, DNS, and monitoring services for enterprises.
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| domain | founded_year | HQ Location |
Collectible cars are bought and sold through an online platform.
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| domain | founded_year | HQ Location |
Offers intellectual property protection, domain management, and internet monitoring for enterprises worldwide.
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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 Farie
Frequently Asked Questions about Farie
When was Farie founded?
Farie was founded in 2021 and raised its 1st funding round 3 years after it was founded.
Where is Farie located?
Farie is headquartered in Zurich, Switzerland.
Is Farie a funded company?
Farie is a funded company, having raised a total of $4.54M across 1 funding round to date. The company's 1st funding round was a Series A of $4.54M, raised on Feb 27, 2024.
What does Farie do?
Farie was founded in 2021 in Zurich, Switzerland. An online marketplace is operated in the automotive sector, focusing on second-hand vehicles. A platform is provided for users to buy and sell used cars, with options to select specific brands and models. Operations are centered in Switzerland, facilitating transactions through the domain farie.ch.
Who are the top competitors of Farie?
Farie's top competitors include Car Collector, AutoScout24 Switzerland and Autolina.
Who are Farie's investors?
Farie has 2 investors. Key investors include Carvolution, and Die Mobiliar.