About flyo
flyo is a company based in Manchester (United Kingdom) founded in 2021. flyo has raised $608.99 thousand across 1 funding round from investors including Whiteboard Capital, Incubate Fund India and Akshay Bansali Supervalue LLP. The company has 7 employees as of April 07, 2024. flyo operates in a competitive market with competitors including Etsy, Amazon, Zulily, Groupon and LoveCrafts, among others.
- Headquarter Manchester, United Kingdom
- Employees 7 as on 07 Apr, 2024
- Stage Minicorn
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Sectors
Retail
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Profectus Technologies Private Limited
- Date of Incorporation 16 Jan, 2017
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
Not available
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Net Profit
-$17.4 K (USD)0as on Mar 31, 2017
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EBITDA
-$17.4 K (USD)0as on Mar 31, 2017
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Total Equity Funding
$608.99 K (USD)
in 1 rounds
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Latest Funding Round
$608.99 K (USD), Seed
Sep 13, 2021
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Investors
Whiteboard Capital
& 10 more
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Employee Count
7
as on Apr 07, 2024
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Funding Insights of flyo
flyo has successfully raised a total of $608.99K through 1 strategic funding round. The most recent funding activity was a Seed round of $608.99 thousand completed in September 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.
Investors in flyo
flyo has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Whiteboard Capital, Incubate Fund India and Akshay Bansali Supervalue LLP.
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Investment support is provided to startups by Whiteboard Capital.
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Venture capital fund investing in early-stage tech startups
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Investor details for flyo
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Investments & Acquisitions by flyo
Investment portfolio details for flyo
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Financial Statements - flyo
Detailed financials for flyo
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Flyo Comparisons
Peer comparison for flyo
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Competitors of flyo
flyo 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 Etsy, Amazon, Zulily, Groupon and LoveCrafts, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online marketplace offering multi-category products from independent designers
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Multi-category products are offered through an online marketplace.
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Online shopping platform is operated via flash sales by Zulily.
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Online marketplace offering deals on multi-category products and services
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Social commerce platform for craft makers is provided.
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Multi-category consumer products are offered via an online marketplace.
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Detailed competitors of flyo
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Latest news on Flyo
Complete news archive for flyo
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Frequently Asked Questions about flyo
flyo was founded in 2021.
flyo is headquartered in Manchester, United Kingdom. It is registered at Manchester, Greater Manchester, United Kingdom.
flyo is a funded company, having raised a total of $608.99K across 1 funding round to date.
As of Apr 07, 2024, the latest employee count at flyo is 7.
flyo, established in 2021, excels in engaging in retail operations, horizontal e-commerce, and retailer. Online retailer offering multi-category products. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.
flyo has 11 investors. Key investors include Whiteboard Capital, Incubate Fund India, Akshay Bansali Supervalue LLP, Suhail Sameer, and Sahil Barua.
The valuation of flyo is $2.75M as of Sep 2021.