About FarShore
FarShore is a Technology company based in Chicago (United States) founded in 2006 by Nicholas Begich. It offers custom software development, web, mobile, and digital marketing services. It operates on a B2B and Service-Based model. FarShore has raised $125 thousand across 1 funding round. The company has 39 employees. Its chief executive, as recorded, is Nicholas Begich. Its Indian entity Far Shore Software Development Private Limited reported revenue of ₹7.82 Cr. FarShore offers products and services including Web Development, Mobile Development, Digital Marketing, and Branding and UI/UX. Its focus areas include Software Development, Custom Applications, Web and Mobile and Marketing. Its competitors include Townsquare Media, Advantage Solutions and Prophet; 2 of its 3 listed competitors have raised funding.
Company details
FarShore is a full-service firm specializing in custom software development and award-winning design. They deliver web development, mobile development, digital marketing, SEO, branding, and UIUX services. Led locally and built with a global team, they have launched thousands of projects and worked with clients like Artifact Uprising. Based in Chicago, USA, they focus on extending brands online through innovative solutions.
- Headquarters Chicago, United States
- Employees 39
- Founders Nicholas Begich
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website farshore.com
- Social LinkedIn X Facebook Instagram
- Legal Name Far Shore Software Development Private Limited
- Date of Incorporation 27 Nov, 2007
- Jurisdiction Madurai, Tamil Nadu, India
- Indian entity revenue₹7.82 Cr
FY 2022 · +6% YoY
- Indian entity net profit₹16.9 Lakh
FY 2022 · 2% margin
- Indian entity EBITDA₹22.8 Lakh
FY 2022 · 3% margin
- Total Equity Funding$125K (USD)
in 1 rounds
- Latest Funding Round$125K (USD), Seed
Apr 2017
- Employee Count39
Associated legal entities of FarShore
FarShore operates through Far Shore Software Development Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Far Shore Software Development Private Limited CIN U72200TN2007PTC065522 | Active | 27 Nov 2007 | Madurai, Tamil Nadu | ₹7.8 Cr | 39 | 2 | View details |
Products & Services of FarShore
FarShore offers a comprehensive portfolio of products and services, including Web Development, Mobile Development, Digital Marketing, and Branding and UI/UX.
Provides custom website building and maintenance services for businesses.
Develops custom mobile applications for various platforms and users.
Offers SEO and online promotion strategies to enhance brand visibility.
Creates user interfaces and brand identities for effective digital experiences.
Funding Insights of FarShore
FarShore has successfully raised a total of $125K through 1 strategic funding round. The most recent funding activity was a Seed round of $125 thousand completed in April 2017. 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 $125,000
- Total Rounds 1
- Last Round Seed — $125,000
- First Round $125,000
(Apr 2017)
All 1 funding rounds of FarShore with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2017 | $125,000 | Seed | – | – | – |
Board of directors of Far Shore Software Development Private Limited (FarShore)
Far Shore Software Development Private Limited is the primary company behind FarShore. The board of Far Shore Software Development Private Limited currently have 2 directors; the longest-serving is Balchamy Srinivasan, appointed in 2007. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Balchamy Srinivasan DIN 01793619 | Managing Director | 27 Nov 2007 | 18 yrs 10 mo | Far Shore Software Development Private Limited |
| Srinivasan Bhuvaneswari DIN 01793670 | Director | 27 Nov 2007 | 18 yrs 10 mo | Far Shore Software Development Private Limited |
People of FarShore
3 people are tracked at FarShore (1 in leadership, 2 in team); the tracked headcount is 39.
| Name | Role | Group |
|---|---|---|
Nicholas Begich | Founder, CEO | Leadership |
Rachel Muzljakovich | Team Lead, Client Services | Team |
Tom Doar | Senior Relationship Manager | Team |
Complete people profiles for FarShore
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of FarShore
Figures of Far Shore Software Development Private Limited, the primary company behind FarShore, for FY 2022. Revenue was ₹7.82 Cr (+6% year on year). Net profit was ₹16.9 Lakh (2% margin). EBITDA was ₹22.8 Lakh (3% margin). Revenue has grown at a compounded annual rate of +13% over three years and +8% over five years.
- ₹7.82 CrRevenue · FY 2022 · +6% YoY
- ₹16.9 LakhNet profit · 2% margin
- ₹22.8 LakhEBITDA · 3% margin
- ₹9.8 LakhPaid-up capital
- 39Employees (provident fund records)
- +13%Revenue CAGR, 3 years
- +8%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Far Shore Software Development Private Limited are on its company page.
Detailed financial statements for FarShore
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of FarShore
2 dated milestones of FarShore across 11 years, from founding to its latest funding, stage changes and deals.
- Founded FarShore is founded.
- Funding First funding round of $125K.
Competitors of FarShore
FarShore has 3 listed competitors in our database, 2 of them funded. They include Townsquare Media, Advantage Solutions and Prophet.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| townsquaremedia.com | 2010 | Greenwich, United States | $100.5M | 2,016 | Media Company focused on radio broadcasting, live events, marketing solutions | |
| advantagesolutions.net | 1987 | Irvine, United States | 21 | Consumer packaged goods sales and digital marketing services are provided. | ||
| prophet.com | 1992 | San Francisco, United States | $94.33M | Brand and marketing consulting solutions provider |
Detailed competitors of FarShore
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Programming & Software Development Tools
3 companies that operate in the same segment as FarShore (Programming & Software Development Tools) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Collaborative platform for design prototyping and feedback is provided. | 2012 | San Francisco, California, United States | USD 748.62 M | 2,877 | ||
AI-based platform for secure collaboration and content management is utilized. | 2005 | Redwood City, California, United States | USD 692.63 M | USD 1.18 B | 4,447 | |
Automated usability testing and feedback for mobile experiences is provided. | 2007 | San Francisco, California, United States | USD 148.5 M | USD 21.68 M | 557 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about FarShore
FarShore was founded in 2006 and raised its 1st funding round 11 years after it was founded.
FarShore is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Nicholas Begich is the CEO of FarShore, as recorded in our data. They have also founded this company.
FarShore is a funded company, having raised a total of $125K across 1 funding round to date. The company's 1st funding round was a Seed of $125K, raised on Apr 2017.
FarShore has 39 employees.
The primary company behind FarShore, Far Shore Software Development Private Limited, reported revenue of ₹7.82 Cr for FY 2022, up 6% year on year.
FarShore is a full-service firm specializing in custom software development and award-winning design. They deliver web development, mobile development, digital marketing, SEO, branding, and UIUX services. Led locally and built with a global team, they have launched thousands of projects and worked with clients like Artifact Uprising. Based in Chicago, USA, they focus on extending brands online through innovative solutions.
FarShore's top competitors include Townsquare Media, Prophet and Advantage Solutions.
FarShore offers Web Development, Mobile Development, Digital Marketing, and Branding and UI/UX.
FarShore operates through Far Shore Software Development Private Limited.
The legal entities of FarShore currently have 2 directors, including Balchamy Srinivasan, Srinivasan Bhuvaneswari.