About Fobo
Fobo is a company based in San Francisco (United States) founded in 2011 was acquired by Gone in October 2015. It operates as a B2C. Fobo has raised $1.6 million across 1 funding round from investors including Index Ventures, Greylock Partners and Y Combinator. Fobo operates in a competitive market with competitors including Back Market, Gone, Flipswap, eCommsell and Upgraded Technologies, among others.
- Headquarter San Francisco, 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
$1.6 M (USD)
in 1 rounds
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Latest Funding Round
$1.6 M (USD), Seed
Oct 18, 2013
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Investors
Index Ventures
& 3 more
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Employee Count
Employee Count
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Acquired by
Gone
(Oct 19, 2015)
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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 Total Funding
- Total Rounds 1
- Last Round Seed — $1.6M
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First Round
First Round
(18 Oct 2013)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2013 | Amount | Seed - Fobo | Valuation |
investors |
| 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 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. 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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Venture capital investments in technology startups and entrepreneurs.
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Founded Year | Domain | Location | |
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Venture capital firm specializing in early-stage tech investments and founder support.
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Founded Year | Domain | Location | |
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Early-stage startups are accelerated via funding and educational programs.
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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 Fobo
| 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.
|
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.
|
2016 |
Financial Statements - Fobo
| 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 |
Fobo Comparisons
Competitors of Fobo
Fobo 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, Flipswap, 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 |
National governing body for ice skating, promoting and developing the sport
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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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Frequently Asked Questions about Fobo
When was Fobo founded?
Fobo was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Where is Fobo located?
Fobo is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Fobo a funded company?
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 18, 2013.
What does Fobo do?
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.
Who are the top competitors of Fobo?
Fobo's top competitors include Back Market, Upgraded Technologies and Flipswap.
Who are Fobo's investors?
Fobo has 4 investors. Key investors include Index Ventures, Greylock Partners, Y Combinator, and Gone.
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