About Flahmingo
Flahmingo is a company based in Calgary (Canada) founded in 2020 by Taran Kainth. Flahmingo has raised $1.49 million across 1 funding round from investors including Kevin Sandhu, Austin Hankwitz and Hanif Joshaghani. The company has 24 employees. Flahmingo offers products and services including Pies and Slices, Fractional Shares, USD Accounts, and Flahmingo Central. Flahmingo operates in a competitive market with competitors including Moka and Tranako, among others.
- Headquarter Calgary, Canada
- Employees 24
- Founders Taran Kainth
- SectorsTechnology
- Email••••••••
- Website flahmingo.com
- Social LinkedIn X Facebook Instagram
- Legal Name Flahmingo Investments Inc
- Total Equity Funding$1.49M (USD)
in 1 rounds
- Latest Funding Round$1.49M (USD), Seed
Oct 2021
- InvestorsOpen People Network
& 3 more
- Employee Count24
Products & Services of Flahmingo
Flahmingo offers a comprehensive portfolio of products and services, including Pies and Slices, Fractional Shares, USD Accounts, and Flahmingo Central.
Tool for creating and managing investment portfolios with fractional shares.
Enables buying fractions of stocks starting at $1 USD for diversification.
Allows holding USD to trade securities without foreign exchange fees.
Video-based hub for learning investing basics and concepts in the app.
Funding Insights of Flahmingo
Flahmingo has successfully raised a total of $1.49M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.49 million completed in October 2021. 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 $1.49M
- Total Rounds 1
- Last Round Seed — $1.49M
- First Round $1.49M
(Oct 2021)
- Investors Count 4
All 1 funding rounds of Flahmingo 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 |
|---|---|---|---|---|---|
| Oct 2021 | $1.49M | Seed | – | Open People Network |
4 investors in total: 1 institutional and 3 angel.
Investors in Flahmingo
Flahmingo has secured backing from 4 investors, including angel and venture fund investors. Prominent investors backing the company include Kevin Sandhu, Austin Hankwitz and Hanif Joshaghani.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A global platform connecting startups with investors and partners. | – | opn.ninja | - | |
KS Kevin Sandhu | Angel investor and entrepreneur, founder of Spenny, focused on fintech | – | unknown_94f6f657ebe24fdfb | - |
AH Austin Hankwitz | - | – | unknown_35087285736e498f9 | - |
HJ Hanif Joshaghani | Co-founder of Symbiosis, active angel investor in Indian startups | – | unknown_0530aad9985c4d2aa | - |
Investor details for Flahmingo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Flahmingo
2 people are tracked at Flahmingo (1 in leadership, 1 in team); the tracked headcount is 24.
| Name | Role | Group |
|---|---|---|
Taran Kainth | Founder & CEO | Leadership |
Hamza Humayun | Frontend Engineer | Team |
Complete people profiles for Flahmingo
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.
Timeline of Flahmingo
2 dated milestones of Flahmingo across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Flahmingo is founded.
- Funding First funding round of $1.5M.
Competitors of Flahmingo
Flahmingo 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 Moka and Tranako, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| moka.ai | 2017 | Montreal, Canada | $12.51M | – | Spare change from purchases is saved and invested by users. | |
| toranotec.com | 2016 | Tokyo, Japan | $26.4M | – | Spare change from purchases is automatically invested in global assets. |
Detailed competitors of Flahmingo
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.
Similar companies to Flahmingo
10 companies that operate in the same segment as Flahmingo (Investment & Financial Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.73 B | USD 2.98 B | 2,300 | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | – | |
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs | 2007 | Tel Aviv, Israel | USD 422.94 M | USD 925.73 M | – | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | – | – | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 | |
App-based automated investment and retirement planning platform | 2010 | New York, New York, United States | USD 335 M | – | – | |
Money Forward is engaged in providing financial technology solutions. | 2012 | Minato, Tokyo, Japan | USD 42.9 M | USD 322.51 M | 2,600 | |
Wealth management solutions are delivered for investment advisors. | 2009 | Mountain View, California, United States | USD 759.1 M | – | – |
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Frequently Asked Questions about Flahmingo
Flahmingo was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Flahmingo is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
Taran Kainth is the current CEO of Flahmingo. They have also founded this company.
Flahmingo is a funded company, having raised a total of $1.49M across 1 funding round to date. The company's 1st funding round was a Seed of $1.49M, raised on Oct 2021.
Flahmingo has 24 employees.
Flahmingo was established in 2020 in Calgary, Canada, as a fintech platform focused on micro-investing and savings. Fractional ownership of ETFs and stocks is offered to individual users through the service. Investments are automated based on user-selected preferences. Operations center on accessible financial tools for personal wealth building in the investment sector.
Flahmingo offers Pies and Slices, Fractional Shares, USD Accounts, and Flahmingo Central.
Flahmingo has 4 investors. Key investors include Kevin Sandhu, Austin Hankwitz, Hanif Joshaghani, and Open People Network.
Flahmingo operates through Flahmingo Investments Inc.