About Flatheads
Flatheads is a company based in Bengaluru (India) founded in 2018 by Utkarsh Biradar and Ganesh Balakrishnan was acquired by Styched in July 2023. Flatheads has raised $1.89 million across 9 funding rounds from investors including GetVantage, Wellfound and Styched. Flatheads offers products and services including Ellipsis Sneakers, Luft Sneakers, Linen Sneakers, and Tshirts.
- Headquarter Bengaluru, India
- Founders Utkarsh Biradar, Ganesh Balakrishnan
- Stage Minicorn
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Sectors
Retail
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Flathead Designs Private Limited
- Date of Incorporation 19 Nov, 2018
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$188.73 K (USD)-17.92as on Mar 31, 2023
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Net Profit
-$375.04 K (USD)41.41as on Mar 31, 2023
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EBITDA
-$179.93 K (USD)71.67as on Mar 31, 2023
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Total Equity Funding
$1.89 M (USD)
in 9 rounds
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Latest Funding Round
$43.05 K (USD), Seed
Jun 09, 2022
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Investors
GetVantage
& 82 more
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Employee Count
Not available
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Acquired by
Styched
(Jul 17, 2023)
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Products & Services of Flatheads
Flatheads offers a comprehensive portfolio of products and services, including Ellipsis Sneakers, Luft Sneakers, Linen Sneakers, and Tshirts.
Breathable sneakers designed for everyday comfort and style
Ultralight sneakers offering superior comfort for daily use
Eco-friendly sneakers made with linen for reduced water usage
Casual t-shirts part of the brand's lifestyle collection
People of Flatheads
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Funding Insights of Flatheads
Flatheads has successfully raised a total of $1.89M across 9 strategic funding rounds. The most recent funding activity was a Seed round of $43.05 thousand completed in June 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.
Investors in Flatheads
Flatheads has secured backing from 83 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include GetVantage, Wellfound and Styched.
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Venture capital firm investing in multiple sectors
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Early-stage startups are funded by this venture capital entity.
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Investment in early-stage startups and global community support.
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Investor details for Flatheads
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Investments & Acquisitions by Flatheads
Investment portfolio details for Flatheads
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Financial Statements - Flatheads
Detailed financials for Flatheads
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Flatheads Comparisons
Peer comparison for Flatheads
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Competitors of Flatheads
Detailed competitors of Flatheads
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Latest news on Flatheads
Complete news archive for Flatheads
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Frequently Asked Questions about Flatheads
Flatheads was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Flatheads is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Flatheads is a funded company, having raised a total of $1.89M across 9 funding rounds to date.
Annual revenue of Flatheads is $188.73K as on Mar 31, 2023.
Flatheads was founded in 2018 in Bengaluru, India, as an internet-first brand in the footwear sector. Casual shoes such as sandals, bamboo shoes, and slip-ons are provided, along with accessories including shoe cleaners, socks, and masks. Features like breathability, toe and heel protection, and washability are incorporated in the products. Operations focus on direct-to-consumer sales through the online domain flatheads.in.
Flatheads offers Ellipsis Sneakers, Luft Sneakers, Linen Sneakers, and Tshirts.
Flatheads has 83 investors. Key investors include GetVantage, Wellfound, Styched, LetsVenture, and We Founder Circle.
The valuation of Flatheads is $3.51M as of Jun 2022.