About Finrise
Finrise is a company based in San Mateo (United States) founded in 2015.. Finrise has raised $5.4 million across 2 funding rounds from investors including Western Technology Investment, NFX and Mayfield. Finrise operates in a competitive market with competitors including PatientFi, medZERO, iCreditWorks, HealthFirst Financial and Parasail Health, among others.
- Headquarter San Mateo, United States
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Sectors
Financial Services
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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
$5.4 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Western Technology Investment
& 4 more
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Employee Count
Employee Count
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Funding Insights of Finrise
Finrise has successfully raised a total of $5.4M across 2 strategic funding rounds. 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 2
- Last Round Last Round
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First Round
First Round
(19 Oct 2016)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2016 | Amount | Seed - Finrise | Valuation | NFX , Mayfield | |
| Oct, 2016 | Amount | Debt – Conventional - Finrise | Valuation |
investors |
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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 Finrise
Finrise has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Western Technology Investment, NFX and Mayfield. 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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Venture capital firm offering funding and tools for startups in technology and investment sectors.
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Founded Year | Domain | Location | |
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Mayfield is focused on AI innovation and venture capital investments.
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Founded Year | Domain | Location | |
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Venture debt is provided globally across multiple 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 Finrise
| 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.
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2016 |
Financial Statements - Finrise
| 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 |
Finrise Comparisons
Competitors of Finrise
Finrise 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 PatientFi, medZERO, iCreditWorks, HealthFirst Financial and Parasail Health, 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 |
Marketplace-based financing platform for healthcare solutions is offered.
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| domain | founded_year | HQ Location |
Health prepaid cards are provided for employees' medical loans.
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| domain | founded_year | HQ Location |
Online marketplace for dental loans
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| domain | founded_year | HQ Location |
Patient financing is offered for healthcare procedures and events.
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| domain | founded_year | HQ Location |
Offers patient payment plans and patient financing options
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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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Frequently Asked Questions about Finrise
When was Finrise founded?
Finrise was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Finrise located?
Finrise is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.
Is Finrise a funded company?
Finrise is a funded company, having raised a total of $5.4M across 2 funding rounds to date. The company's 1st funding round was a Seed of $5.4M, raised on Oct 19, 2016.
What does Finrise do?
Finrise was founded in 2015 and is headquartered in San Mateo, United States. Operations focus on the healthcare financing sector, where loans are extended for expenses related to dental, vision, audiology, and veterinary services. Funding is sourced through partnerships with medical professionals. Loan amounts reach up to 20,000, with interest rates ranging from 6 to 27 APR. Services target individuals facing uncovered medical costs.
Who are the top competitors of Finrise?
Finrise's top competitors include iCreditWorks, PatientFi and HealthFirst Financial.
Who are Finrise's investors?
Finrise has 5 investors. Key investors include Western Technology Investment, NFX, Mayfield, Sam Hodges, and Matt Humphrey.