About Flave
Flave is a company based in Baltimore (United States) founded in 2020 by Derek Battle and Jal Irani. Flave has raised $100 thousand across 1 funding round from investors including TEDCO. Flave operates in a competitive market with competitors including Restaurant.com, Savored, Tastebud.co, Mobile Spinach and Dining Advantage, among others.
- Headquarter Baltimore, United States
- Founders Derek Battle, Jal Irani
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Sectors
Consumer
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Email
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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
$100 K (USD)
in 1 rounds
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Latest Funding Round
$100 K (USD), Seed
Aug 11, 2021
- Investors
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Employee Count
Employee Count
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People of Flave
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Software Development Team
5 people
Co Team
2 people
Product Management Team
1 people
Ios Team
1 people
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Funding Insights of Flave
Flave has successfully raised a total of $100K through 1 strategic funding round. The most recent funding activity was a Seed round of $100 thousand completed in August 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 — $100,000
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First Round
First Round
(11 Aug 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Seed - Flave | Valuation |
investors |
Investors in Flave
Flave has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include TEDCO.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund and startup accelerator programs focused on seed and early stage companies
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Founded Year | Domain | Location |
Investments & Acquisitions by Flave
Financial Statements - Flave
Flave Comparisons
Competitors of Flave
Flave 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 Restaurant.com, Savored, Tastebud.co, Mobile Spinach and Dining Advantage, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Deals for restaurants are provided via an online platform.
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| domain | founded_year | HQ Location |
A restaurant reservations and discount meal provider
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| domain | founded_year | HQ Location |
App-based discovery platform for deals on food & beverage products from restaurants and bars
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| domain | founded_year | HQ Location |
Tech blog offering mobile device guides and support information.
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| domain | founded_year | HQ Location |
Provides an app-based platform for restaurant deals and promotions.
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Latest news on Flave
Frequently Asked Questions about Flave
Flave was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Flave is headquartered in Baltimore, United States. It is registered at Baltimore, Maryland, United States.
Flave is a funded company, having raised a total of $100K across 1 funding round to date. The company's 1st funding round was a Seed of $100K, raised on Aug 11, 2021.
App-based to earn rewards from local restaurants. The users can discover local restaurants, dine-in or order takeout, snap a pic of the food to earn Flave cash or in-app currency. Users with Flave cash can donate to their favorite local restaurants or redeem it for a deal at the partner restaurants. The company offers mobile applications for Android and iOS platforms.
Flave's top competitors include Restaurant.com, Savored and Tastebud.co.
Flave has 1 investor. Key investors include TEDCO.