About Fobo
Fobo was a Retail company based in San Francisco (United States) founded in 2011, and was acquired by Gone in October 2015. Online platform for buying back electronic products from consumers. It operates on a B2C model. Fobo has raised $1.6 million across 1 funding round from investors including Index Ventures, Greylock Partners and Y Combinator. The company is recorded as dissolved. Its focus areas include E-commerce, Second-hand Goods and Electronics Buy-back. Its competitors include Back Market, Gone and Flipswap; 3 of its 3 listed competitors have raised funding.
Company details
Fobo, established in 2011 and currently in Dissolved stage, focuses on operating online marketplaces, engaging in retail operations, second-hand goods, and electronics buy-back. Online platform for buying back electronic products from consumers. Adapting to market demands with innovation and client-focused strategies.
- Total Equity Funding$1.6M (USD)
in 1 rounds
- Latest Funding Round$1.6M (USD), Seed
Oct 2013
- InvestorsIndex Ventures
& 3 more
- Acquired byGone
(Oct 2015)
Funding Insights of Fobo
Fobo has successfully raised a total of $1.6M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.6 million completed in October 2013. 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 $1.6M
- Total Rounds 1
- Last Round Seed — $1.6M
- First Round $1.6M
(Oct 2013)
- Investors Count 3
All 1 funding rounds of Fobo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2013 | $1.6M | Seed | – | – |
4 investors in total: 4 institutional.
Investors in Fobo
Fobo has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Index Ventures, Greylock Partners and Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in technology startups and entrepreneurs. | indexventures.com | |||
Venture capital firm specializing in early-stage tech investments and founder support. | 1965 | greylock.com | ||
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States | ||
Online platform for selling unwanted items and finding best prices via app. | 2013 | thegoneapp.com | San Francisco, United States |
Investor details for Fobo
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Timeline of Fobo
3 dated milestones of Fobo across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Fobo is founded.
- Funding First funding round of $1.6M.
- Exit Acquired by Gone.
Competitors of Fobo
Fobo has 3 listed competitors in our database, 3 of them funded. They include Back Market, Gone and Flipswap.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| backmarket.com | 2014 | New York, United States | $1.02B | 45 | Refurbished electronic products are traded via an online marketplace. | |
| thegoneapp.com | 2013 | San Francisco, United States | $2.94M | Online platform for selling unwanted items and finding best prices via app. | ||
| flipswap.com | 2004 | Torrance, United States | $14M | National governing body for ice skating, promoting and developing the sport |
Detailed competitors of Fobo
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Top companies in Consumer Electronics E-Commerce
2 companies that operate in the same segment as Fobo (Consumer Electronics E-Commerce) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
VR-based head-mounted displays for gaming are provided by Oculus. | 2012 | Menlo Park, California, United States | USD 107.05 M | |||
Smartwatches and fitness trackers are provided for activity monitoring. | 2007 | San Francisco, California, United States | USD 65.05 M | USD 3.88 |
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Related news about Fobo
Complete news archive for Fobo
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Frequently Asked Questions about Fobo
Fobo was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Fobo is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Fobo is a funded company, having raised a total of $1.6M across 1 funding round to date. The company's 1st funding round was a Seed of $1.6M, raised on Oct 2013.
Fobo, established in 2011 and currently in Dissolved stage, focuses on operating online marketplaces, engaging in retail operations, second-hand goods, and electronics buy-back. Online platform for buying back electronic products from consumers. Adapting to market demands with innovation and client-focused strategies.
Fobo's top competitors include Back Market, Flipswap and Gone.
Fobo has 4 investors. Key investors include Index Ventures, Greylock Partners, Y Combinator, and Gone.
Yes. Fobo was acquired by Gone in October 2015.