About Flipswap
Flipswap is a company based in Torrance (United States) founded in 2004 was acquired by HYLA Mobile in May 2012.. Flipswap has raised $14 million across 1 funding round from investors including HYLA Mobile, RRE Ventures and NGEN Partners. Flipswap operates in a competitive market with competitors including Back Market, Gone, Fobo, eCommsell and Upgraded Technologies, among others.
- Headquarter Torrance, United States
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Sectors
Retail
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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
$14 M (USD)
in 1 rounds
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Latest Funding Round
$14 M (USD), Series B
Nov 12, 2008
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Investors
HYLA Mobile
& 2 more
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Employee Count
Employee Count
- Acquired by
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Funding Insights of Flipswap
Flipswap has successfully raised a total of $14M through 1 strategic funding round. The most recent funding activity was a Series B round of $14 million completed in November 2008. 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 Series B — $14.0M
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First Round
First Round
(12 Nov 2008)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2008 | Amount | Series B - Flipswap | Valuation | RRE Ventures , NGEN Partners |
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| 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 Flipswap
Flipswap has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include HYLA Mobile, RRE Ventures and NGEN Partners. 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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VC firm investing in seed and early stage companies in the US
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Founded Year | Domain | Location | |
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Early-stage startups across sectors are invested in by NGEN Partners.
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Founded Year | Domain | Location | |
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Tech-enabled mobile device trade-in and recommerce solutions are provided.
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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 Flipswap
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Flipswap
| 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 |
Flipswap Comparisons
Competitors of Flipswap
Flipswap 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 Back Market, Gone, Fobo, eCommsell and Upgraded Technologies, 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 |
Refurbished electronic products are traded via an online marketplace.
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| domain | founded_year | HQ Location |
Online platform for selling unwanted items and finding best prices via app.
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| domain | founded_year | HQ Location |
Online platform for buying back electronic products from consumers.
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| domain | founded_year | HQ Location |
Online retailer of refurbished smartphones, tablets, and accessories with warranties.
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| domain | founded_year | HQ Location |
Buyback plan provider of pre-owned consumer electronics to retailers
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Flipswap
Frequently Asked Questions about Flipswap
When was Flipswap founded?
Flipswap was founded in 2004 and raised its 1st funding round 4 years after it was founded.
Where is Flipswap located?
Flipswap is headquartered in Torrance, United States. It is registered at Torrance, California, United States.
Is Flipswap a funded company?
Flipswap is a funded company, having raised a total of $14M across 1 funding round to date. The company's 1st funding round was a Series B of $14M, raised on Nov 12, 2008.
What does Flipswap do?
National governing body for ice skating, promoting and developing the sport. It offers athlete and coach registration, manages national events and competitions, and facilitates international participation. The organization provides a framework for the growth of ice skating, including figure skating, short track speed skating, and long track speed skating. It supports athletes through various programs and initiatives. The governing body also works towards establishing and maintaining affiliated ice rinks.
Who are the top competitors of Flipswap?
Flipswap's top competitors include Back Market, Upgraded Technologies and Glyde.
Who are Flipswap's investors?
Flipswap has 3 investors. Key investors include HYLA Mobile, RRE Ventures, and NGEN Partners.
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