About Flymachine
Flymachine is a company based in Berkeley (United States) founded in 2020 by Rick Farman.. Flymachine has raised $21 million across 1 funding round from investors including SVB, Greycroft and Primary. The company has 26 employees as of December 31, 2021. Flymachine operates in a competitive market with competitors including Moment, LiveXLive, Musixen, Set.fm and LA Phil, among others.
- Headquarter Berkeley, United States
- Employees 26 as on 31 Dec, 2021
- Founders Rick Farman
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Flymachine, 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
$21 M (USD)
in 1 rounds
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Latest Funding Round
$21 M (USD), Series A
Jul 14, 2021
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Investors
SVB
& 5 more
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Employee Count
26
as on Dec 31, 2021
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Funding Insights of Flymachine
Flymachine has successfully raised a total of $21M through 1 strategic funding round. The most recent funding activity was a Series A round of $21 million completed in July 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 Series A — $21.0M
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First Round
First Round
(14 Jul 2021)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Series A - Flymachine | Valuation | Greycroft , SignalFire |
| 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 Flymachine
Flymachine has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include SVB, Greycroft and Primary. 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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Multiple sectors are targeted for venture capital investments by Greycroft.
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Founded Year | Domain | Location | |
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Investments in seed-stage companies are managed by Primary Venture Partner.
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Founded Year | Domain | Location | |
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Seed and early-stage startups are funded by SignalFire.
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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 Flymachine
| 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 - Flymachine
| 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 |
Flymachine Comparisons
Competitors of Flymachine
Flymachine 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 Moment, LiveXLive, Musixen, Set.fm and LA Phil, 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 |
Virtual events tickets are booked through an online platform.
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| domain | founded_year | HQ Location |
Live music events are streamed through an online platform.
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| domain | founded_year | HQ Location |
Online platform for streaming live concerts
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| domain | founded_year | HQ Location |
Live concert audio streaming platform
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| domain | founded_year | HQ Location |
Online streaming of musical performances and events is facilitated.
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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 Flymachine
Frequently Asked Questions about Flymachine
When was Flymachine founded?
Flymachine was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Flymachine located?
Flymachine is headquartered in Berkeley, United States. It is registered at Berkeley, California, United States.
Is Flymachine a funded company?
Flymachine is a funded company, having raised a total of $21M across 1 funding round to date. The company's 1st funding round was a Series A of $21M, raised on Jul 14, 2021.
How many employees does Flymachine have?
As of Dec 31, 2021, the latest employee count at Flymachine is 26.
What does Flymachine do?
Flymachine was founded in 2020 in Berkeley, United States, as an online marketplace for live event ticketing. Events from artists such as Aaron Frazer, Karl Denson Tiny Universe, K.Flay, The Black Angels, and Lion Babe are listed, with direct access to a ticket booking interface. Operations focus on streamlining event discovery and purchase in the entertainment sector, serving users across the region.
Who are the top competitors of Flymachine?
Who are Flymachine's investors?
Flymachine has 6 investors. Key investors include SVB, Greycroft, Primary, SignalFire, and Red Sea Ventures.
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