About Folat
Folat is a company based in Haarlem (Netherlands) founded in 1993 was acquired by Torqxcapital in March 2018.. The company has 1 employees as of December 31, 2022. Folat offers products and services including Balloons, Decorations, and Accessories.
- Headquarter Haarlem, Netherlands
- Employees 1 as on 31 Dec, 2022
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Folat
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Annual Revenue
$27.05 K (USD)-26as on Dec 31, 2022
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Net Profit
$10.63 K (USD)-22as on Dec 31, 2022
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
1
as on Dec 31, 2022
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Acquired by
Torqxcapital
(Mar 09, 2018)
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Products & Services of Folat
Folat offers a comprehensive portfolio of products and services, including Balloons, Decorations, and Accessories. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Various balloons for events and celebrations
Items like confetti and banners for party setups
Products such as hats and masks for occasions
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Funding Insights of Folat
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Unspecified - Folat | 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 Folat
Folat has secured backing from 1 investor. Prominent investors backing the company include Torqx Capital. 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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Torqx Capital is engaged in private equity investments and business acceleration.
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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 Folat
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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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 - Folat
| 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 |
Folat Comparisons
Competitors of Folat
| 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 Folat
When was Folat founded?
Folat was founded in 1993 and raised its 1st funding round 32 years after it was founded.
Where is Folat located?
Folat is headquartered in Haarlem, Netherlands. It is registered at Haarlem, Noord-holland, Netherlands.
How many employees does Folat have?
As of Dec 31, 2022, the latest employee count at Folat is 1.
What is the annual revenue of Folat?
Annual revenue of Folat is $27.05K as on Dec 31, 2022.
What does Folat do?
Founded in 1993 in Haarlem, Netherlands, Folat operates as an online e-distribution platform focused on party supplies for businesses. A catalog of products, including party poppers, spray, balloons, candles, banners, and cake toppers, is provided to support commercial needs in the event and celebration sector. Distribution occurs digitally across Europe, with operations centered on efficient supply chain management for B2B clients.
What products or services does Folat offer?
Folat offers Balloons, Decorations, and Accessories.
Who are Folat's investors?
Folat has 1 investor. Key investors include Torqx Capital.