About Firi
Firi is a Financial Services company based in Oslo (Norway) founded in 2017 by Thuc Tuan Hoang and Oyvind Kvanes. It operates as a cryptocurrency trading and exchange are enabled via a mobile app. Firi has raised $7.33 million across 2 funding rounds from investors including Schibsted Media Group and Skyfall Ventures. Its chief executive is Thuc Tuan Hoang. Its website firi.com draws about 107 thousand monthly visits. Firi offers products and services including Firi App, Tax Calculator, and Crypto Savings Plan. Its focus areas include FinTech, Cryptocurrencies, Investment Industry and Online Trading Platforms. Its legal entity is Firi AS. Its competitors include Coinsquare, KuCoin, Kraken, Bitso and Coinbase and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
Firi was founded in 2017 in Oslo, Norway, as an app-based platform in the cryptocurrency sector. Trading, buying, selling, exchanging, and storing of digital currencies such as Bitcoin, Ethereum, and Cardano are supported. The service operates on Android and iOS devices, providing access to these functions for users in the region.
- Annual Revenue$3.77 M (USD)-43as on Dec 31, 2022
- Net Profit-$7.09 M (USD)-124as on Dec 31, 2022
- EBITDA-$7.06 M (USD)-126as on Dec 31, 2022
- Total Equity Funding$7.33M (USD)
in 2 rounds
- Latest Funding Round$6.75M (USD), Series A
Jan 2022
- InvestorsSchibsted Media Group
& 1 more
Products & Services of Firi
Firi offers a comprehensive portfolio of products and services, including Firi App, Tax Calculator, and Crypto Savings Plan.
Mobile application for buying, selling, and managing cryptocurrencies securely.
Free tool to calculate taxes on cryptocurrency transactions and investments.
Service for setting up monthly investments in preferred cryptocurrencies.
Funding Insights of Firi
Firi has successfully raised a total of $7.33M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6.75 million completed in January 2022. 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 $7.33M
- Total Rounds 2
- Last Round Series A — $6.75M
- First Round $581,485
(Jan 2021)
- Investors Count 2
All 2 funding rounds of Firi 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 |
|---|---|---|---|---|---|
| Jan 2022 | $6.75M | Series A | – | Schibsted Media Group | – |
| Jan 2021 | $581,485 | Seed | – | Skyfall Ventures | – |
2 investors in total: 2 institutional.
Investors in Firi
Firi has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Schibsted Media Group and Skyfall Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on tech startups | – | skyfall.vc | Oslo, Norway | |
Leading Nordic news brands are operated by media house. | 1839 | schibsted.com | Oslo, Norway |
Investor details for Firi
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Firi
4 people are tracked at Firi (4 in leadership).
| Name | Role | Group |
|---|---|---|
Thuc Tuan Hoang | Co-Founder & CEO | Leadership |
Oyvind Kvanes | Co-Founder | Leadership |
Thuc Hoang | CEO | Leadership |
Cong Nguyen Nguyen | Co-founder & Head Of Frontend | Leadership |
Complete people profiles for Firi
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Firi
3 dated milestones of Firi across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Firi is founded.
- Funding First funding round of $581K.
- Funding Latest funding round, Series A, of $6.8M.
Competitors of Firi
Firi has 9 listed competitors in our database, 9 of them funded. They include Coinsquare, KuCoin, Kraken, Bitso and Coinbase, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| coinsquare.com | 2014 | Toronto, Canada | $124.67M | – | Digital assets are bought, sold, and traded on Coinsquare. | |
| kucoin.com | 2017 | Mahe, Seychelles | $180M | – | Cryptocurrencies are bought, sold, and traded via this exchange platform. | |
| kraken.com | 2011 | San Francisco, United States | $866.01M | 4 | Provider of an app-based trading and exchange platform for cryptocurrency | |
| bitso.com | 2014 | Mexico | $331.35M | – | Cryptocurrencies are traded and exchanged through an online platform. | |
| coinbase.com | 2012 | San Francisco, United States | $546.62M | 3,416 | Cryptocurrency trading, storage, and exchange services are offered online. | |
| wealthsimple.com | 2014 | Toronto, Canada | $1.29B | 1,251 | Online robo advisory and stock trading services are provided. | |
| bitflyer.com | 2014 | Chiba, Japan | $36.61M | 15 | Bitcoin is bought, sold, and traded via an online platform. | |
| coinlist.co | 2017 | San Francisco, United States | $119.2M | 27 | App-based trading platform for cryptocurrency | |
| mercadobitcoin.com.br | 2013 | Sao Paulo, Brazil | $237.6M | – | Cryptocurrency assets are traded and exchanged online by users. |
Detailed competitors of Firi
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Firi
The website of Firi (firi.com) receives about 106.8K visits a month and ranks #244,706 among all websites worldwide, #2,611 in Investing.
- Monthly visits106.8K
▼ 2.4% vs previous month
- Unique visitors39.6K
per month
- Global rank#244,706
among all websites
- Category rank#2,611
Finance · Investing
- Bounce rate35%
- Pages per visit5.9
- Average visit1 min 42 sec
- DevicesDesktop 59% · Mobile 41%
Websites whose visitors overlap most with Firi. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
nordnet.no | nordnet.no | 100% | – | #9,642 | – |
| etoro.com | 88% | 25M | #2,139 | View details | |
| tradingview.com | 86% | 248.1M | #118 | View details | |
| binance.com | 84% | 48.2M | #741 | View details | |
tekinvestor.no | tekinvestor.no | 81% | – | #624,743 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 20 similar websites and full traffic analytics for Firi
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Top companies in Cryptocurrencies
10 companies that operate in the same segment as Firi (Cryptocurrencies), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cross-border cryptocurrency payments for businesses are enabled through APIs. | 2013 | Boston, Massachusetts, United States | USD 1.51 B | USD 2.75 B | 1,533 | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | 14,747 | |
App-based platform for exchange and trading solutions for cryptocurrency | 2011 | London, England, United Kingdom | USD 700 M | – | 1,212 | |
Terraform Labs is engaged in blockchain technology development. | 2018 | Singapore, Singapore | USD 57 M | – | – | |
Ledger is recognized for providing secure cryptocurrency hardware wallets. | 2014 | Paris, Ile de France, France | USD 575.4 M | – | 802 | |
App-based wallet and exchange platform for cross-border money transfers | 2013 | London, England, United Kingdom | USD 73.36 M | – | – | |
Cryptocurrency trading, storage, and exchange services are offered online. | 2012 | San Francisco, California, United States | USD 546.62 M | USD 7.18 B | 7,025 | |
Cryptocurrencies are traded and exchanged through an online platform. | 2014 | Mexico City, Mexico City, Mexico | USD 331.35 M | – | 884 | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | – | 217 | |
Mobile app for storing and trading cryptocurrencies is utilized. | 2013 | London, England, United Kingdom | USD 13 M | – | – |
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Related news about Firi
Complete news archive for Firi
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Frequently Asked Questions about Firi
Firi was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Firi is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Thuc Tuan Hoang is the current CEO of Firi. They have also founded this company.
Firi is a funded company, having raised a total of $7.33M across 2 funding rounds to date. The company's 1st funding round was a Seed of $581.49K, raised on Jan 2021.
Annual revenue of Firi is $3.77M as on Dec 31, 2022.
Firi was founded in 2017 in Oslo, Norway, as an app-based platform in the cryptocurrency sector. Trading, buying, selling, exchanging, and storing of digital currencies such as Bitcoin, Ethereum, and Cardano are supported. The service operates on Android and iOS devices, providing access to these functions for users in the region.
Firi offers Firi App, Tax Calculator, and Crypto Savings Plan.
Firi has 2 investors. Key investors include Schibsted Media Group, and Skyfall Ventures.
Firi operates through Firi As.
The website of Firi receives about 107 thousand visits a month and ranks #244,706 among all websites worldwide.