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 as of December 31, 2024. 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 as on 31 Dec, 2024
- Founders Taran Kainth
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Flahmingo Investments Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.49 M (USD)
in 1 rounds
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Latest Funding Round
$1.49 M (USD), Seed
Oct 06, 2021
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Investors
Open People Network
& 3 more
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Employee Count
24
as on Dec 31, 2024
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Products & Services of Flahmingo
Flahmingo offers a comprehensive portfolio of products and services, including Pies and Slices, Fractional Shares, USD Accounts, and Flahmingo Central. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
Unlock access to complete
Unlock access to complete
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 Total Funding
- Total Rounds 1
- Last Round Seed — $1.5M
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First Round
First Round
(06 Oct 2021)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Seed - Flahmingo | Valuation | Open People Network |
| 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 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. 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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A global platform connecting startups with investors and partners.
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Founded Year | Domain | Location | |
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KS
Kevin Sandhu |
Angel investor and entrepreneur, founder of Spenny, focused on fintech
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Founded Year | Domain | Location |
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AH
Austin Hankwitz |
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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 Flahmingo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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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 - Flahmingo
| 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 |
Flahmingo Comparisons
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. 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 |
Spare change from purchases is saved and invested by users.
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| domain | founded_year | HQ Location |
Spare change from purchases is automatically invested in global assets.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Flahmingo
When was Flahmingo founded?
Flahmingo was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Flahmingo located?
Flahmingo is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
Who is the current CEO of Flahmingo?
Taran Kainth is the current CEO of Flahmingo. They have also founded this company.
Is Flahmingo a funded 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 06, 2021.
How many employees does Flahmingo have?
As of Dec 31, 2024, the latest employee count at Flahmingo is 24.
What does Flahmingo do?
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.
What products or services does Flahmingo offer?
Flahmingo offers Pies and Slices, Fractional Shares, USD Accounts, and Flahmingo Central.
Who are Flahmingo's investors?
Flahmingo has 4 investors. Key investors include Kevin Sandhu, Austin Hankwitz, Hanif Joshaghani, and Open People Network.
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