About Favful
Favful is a Healthcare company based in Kuala Lumpur (Malaysia) founded in 2015, and was acquired by iMEDIA in July 2021. It operates as a community-based recommendation platform for beauty products. Favful has raised $600 thousand across 3 funding rounds from investors including iMEDIA, Gobi Partners and K-Startup Grand Challenge. The company was acqui-hired. Its focus areas include Retail, Beauty Tech, Product Discovery Platforms and Multi Category.
Company details
Favful was founded in 2015 in Kuala Lumpur, Malaysia, as a platform in the beauty and health sector. Community-driven recommendations for beauty products are facilitated via user reviews and ratings. Price comparisons across merchants are provided to assist purchasing decisions. Beauty tips are curated for users, while the latest news on industry trends is compiled to inform subscribers on developments in beauty and health.
- Headquarters Kuala Lumpur, Malaysia
- Stage Acquired
- SectorsHealthcare
- Email••••••••
- Website favful.com
- Social LinkedIn X
- Acquired by iMEDIA (Jul 2021)
Funding Insights of Favful
Favful has successfully raised a total of $600K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $500 thousand completed in November 2016. 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 $600,000
- Total Rounds 3
- Last Round Seed — $500,000
- First Round $100,000
(Feb 2016)
- Investors Count 4
All 3 funding rounds of Favful 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 |
|---|---|---|---|---|---|
| Nov 2016 | $500,000 | Seed | – | Gobi Partners | – |
| Jun 2016 | – | Grant | – | – | |
| Feb 2016 | $100,000 | Seed | – | – |
5 investors in total: 5 institutional.
Investors in Favful
Favful has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include iMEDIA, Gobi Partners and K-Startup Grand Challenge.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in early-stage tech startups | – | gobi.vc | Kuala Lumpur, Malaysia | |
Sector-agnostic acceleration is provided to startups through global programs. | – | k-startupgc.org | Seongnam-si, South Korea | |
Tech focused VC firm investing in seed stage startups in Asia | – | segnel.com | Singapore, Singapore | |
Seed-stage investments are targeted globally by this venture capital firm. | – | durians.500.co | Singapore, Singapore | |
Content marketing and branding services are provided to businesses. | 2019 | imediaasia.co | Petaling Jaya, Malaysia |
Investor details for Favful
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Timeline of Favful
4 dated milestones of Favful across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Favful is founded.
- Funding First funding round of $100K.
- Funding Latest funding round, Seed, of $500K.
- Exit Acquired by iMEDIA.
Top companies in Beauty & Skin Care Platforms
10 companies that operate in the same segment as Favful (Beauty & Skin Care Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cosmetics, skincare, haircare, and wellness products are retailed online. | 2012 | Mumbai, Maharashtra, India | USD 88.91 M | USD 1.07 B | 3,735 | |
Beauty and cosmetic products are retailed through an online platform. | 2011 | Mumbai, Maharashtra, India | USD 559.92 M | USD 166.71 M | 973 | |
Subscription-based men's grooming products are provided by Harry's. | 2012 | New York, New York, United States | USD 755.88 M | – | 431 | |
Online brand offering mens grooming products | 2015 | Gurugram, Haryana, India | USD 52.66 M | – | – | |
Hair coloring kits are provided via an internet-first brand. | 2013 | San Francisco, California, United States | USD 248.9 M | – | 247 | |
It offers a platform to schedule & manages appointments for beauty services | 2012 | San Francisco, California, United States | USD 168.82 M | – | – | |
Retailer of perfumes, cosmetics, skincare, and related gift set items | 2012 | Gurugram, Haryana, India | USD 58.54 M | – | – | |
Platform offering multi-category natural beauty care products | 2019 | Mumbai, Maharashtra, India | USD 46.98 M | USD 9.25 M | 94 | |
Online brand offering multi-category natural skin care and makeup products | 2016 | Gurugram, Haryana, India | USD 141.36 M | USD 182.2 M | 969 | |
Multi-category organic grooming products for men are offered online. | 2015 | Gurugram, Haryana, India | USD 10.98 M | USD 13.91 M | 264 |
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Related news about Favful
Complete news archive for Favful
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Frequently Asked Questions about Favful
Favful was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Favful is headquartered in Kuala Lumpur, Malaysia.
Favful is a funded company, having raised a total of $600K across 3 funding rounds to date. The company's 1st funding round was a Seed of $100K, raised on Feb 2016.
Favful was founded in 2015 in Kuala Lumpur, Malaysia, as a platform in the beauty and health sector. Community-driven recommendations for beauty products are facilitated via user reviews and ratings. Price comparisons across merchants are provided to assist purchasing decisions. Beauty tips are curated for users, while the latest news on industry trends is compiled to inform subscribers on developments in beauty and health.
Favful has 5 investors. Key investors include iMEDIA, Gobi Partners, K-Startup Grand Challenge, SEGNEL Ventures, and 500 Global.
Yes. Favful was acquired by iMEDIA in July 2021.