Fondue

New York, United States Founded: 2021 • Age: 5 yrs Acquired By Postscript
SaaS-based cashback management solutions are provided for online businesses.
Annual revenue - Latest available
Total funding $10.5M 1 rounds
Employees - Tracked headcount
Investors 12 Known backers
Products 1 Services tracked
Competitors 8 Brand Intelligence

About Fondue

Fondue is a company based in New York (United States) founded in 2021 by Abraham Lucey and Oren Charnoff was acquired by Postscript in July 2023. Fondue has raised $10.5 million across 1 funding round from investors including Postscript, Quiet Capital and Hanaco Ventures. Fondue offers products and services including CashBack. Fondue operates in a competitive market with competitors including ShoppingGives, Upside Saving, Hakamae, Convertere and Bnfts, among others.

  • Headquarter New York, United States
  • Founders Abraham Lucey, Oren Charnoff
  • Sectors
    Retail
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Fondue Llc
Operational Areas
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $10.5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $10.5 M (USD), Seed

    Sep 19, 2022

  • Investors
    Postscript

    & 11 more

  • Employee Count
    Not available
  • Acquired by
    Postscript

    (Jul 11, 2023)

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Products & Services of Fondue

Fondue offers a comprehensive portfolio of products and services, including CashBack.

Product name locked
Category locked
Primary

Replaces traditional coupons with post-purchase incentives for ecommerce growth.

People of Fondue

Headcount 10-50
Employee Profiles 7
Employee Profiles
People
Roy Gross
Senior Software Engineer
People
William Herlands
Co-Founder & CTO
People
Ido L.
Head of Payments
People
Juli G.
Senior Product Designer

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Funding Insights of Fondue

Fondue has successfully raised a total of $10.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $10.5 million completed in September 2022. 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 Fondue

Fondue has secured backing from 12 investors, including venture fund investors. Prominent investors backing the company include Postscript, Quiet Capital and Hanaco Ventures.

All
Venture Fund
Investor Description Founded Year Domain Location
Investments are managed by Quiet Capital in New York.
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Startups are funded through venture capital by Hanaco Ventures.
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Investments are made in early-stage tech startups across multiple sectors.
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Investor details for Fondue

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  • Investor domains
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  • Participation history

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Investments & Acquisitions by Fondue

Investments
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Investment portfolio details for Fondue

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Fondue

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Detailed financials for Fondue

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  • Profit trends
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Fondue Comparisons

Fondue Primary company
Description
SaaS-based cashback management solutions are provided for on...
Location
New York, United States
Founded Year
2021
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Fondue

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Competitors of Fondue

Fondue 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 ShoppingGives, Upside Saving, Hakamae, Convertere and Bnfts, among others.

Company Name Domain Founded year HQ Location Description
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Provider of cashback management solutions for businesses
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App-based cashback and reward management solutions
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Cashback management solutions are provided to companies through specialized websites.
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Offers an app for efficient cashback management and tracking.
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Delivers a comprehensive app for effective cashback management solutions.
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Detailed competitors of Fondue

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Latest news on Fondue

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Complete news archive for Fondue

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Frequently Asked Questions about Fondue

Fondue was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Fondue is headquartered in New York, United States. It is registered at New York, New York, United States.

Oren Charnoff is the current CEO of Fondue. They have also founded this company.

Fondue is a funded company, having raised a total of $10.5M across 1 funding round to date.

Fondue was founded in 2021 and is headquartered in New York, United States. SaaS-based solutions for cashback management are offered by the company to online businesses, with integration focused on Shopify stores. Features including ads management, on-site popups, and referral-based rewards are supported through the platform. Operations center on enabling cashback incentives and related e-commerce tools within the software-as-a-service sector.

Fondue's top competitors include ShoppingGives, Upside Saving and Hakamae.

Fondue offers CashBack.

Fondue has 12 investors. Key investors include Postscript, Quiet Capital, Hanaco Ventures, Headline, and Ground Up Ventures.

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