Fondue

New York, United States Founded: 2021 • Age: 5 yrs Acquired By Postscript
SaaS-based cashback management solutions are provided for online businesses.

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
  • Website category Business and Consumer Services · Online Marketing
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website getfondue.com
  • Social LinkedIn X
  • Acquired by Postscript (Jul 2023)
  • Legal Name Fondue Llc
Key Metrics
  • Total Equity Funding
    $10.5M (USD)

    in 1 rounds

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

    Sep 2022

  • Investors
    Postscript

    & 11 more

  • Acquired by
    Postscript

    (Jul 2023)

Products & Services of Fondue

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

CashBack
Discounting Platform

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

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.

  • Total Funding $10.5M
  • Total Rounds 1
  • Last Round Seed β€” $10.5M
  • First Round $10.5M

    (Sep 2022)

  • Investors Count 11

All 1 funding rounds of Fondue with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2022$10.5MSeed–Quiet Capital, Hanaco Ventures
Valuation history

12 investors in total: 12 institutional.

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
InvestorDescriptionFounded YearDomainLocation
Investments are managed by Quiet Capital in New York.
–quiet.comNew York, United States
Startups are funded through venture capital by Hanaco Ventures.
–hanacovc.comTel Aviv, Israel
Investments are made in early-stage tech startups across multiple sectors.
–headline.comSan Francisco, United States
Ground Up Ventures is engaged in early-stage startup investments.
–groundup.vc-
Venture capital firm focused on multiple sectors
–sugarcap.comSan Francisco, United States
Early-stage investments are directed toward consumer brands by this fund.
–startingline.vcChicago, United States
Angel investments are made in agtech, gaming, and fintech sectors.
–r2vc.comLos Altos, United States
Venture capital investing with a focus on diversity and inclusion in the ecosystem.
–gaingels.com-
Early-stage startups are invested in by Verissimo Ventures.
–verissimo.vcBedford, United States
Venture capital fund investing in early-stage tech startups
–samsungnext.comBerlin, Germany
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Investor details for Fondue

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People of Fondue

9 people are tracked at Fondue (4 in leadership, 5 in team).

NameRoleGroup
Abraham Lucey
Co-FounderLeadership
Oren Charnoff
Co-Founder & CEOLeadership
William Herlands
Co-Founder & CTOLeadership
Ido L.
Head of PaymentsLeadership
Roy Gross
Senior Software EngineerTeam
Juli G.
Senior Product DesignerTeam
Daniel Naxon
Senior Software EngineerTeam
Nate Killea
Go-to-market Special ProjectsTeam
Lital Lugassi
Senior Software Engineer @ FondueTeam
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Complete people profiles for Fondue

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Timeline of Fondue

3 dated milestones of Fondue across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Fondue is founded.
  2. Funding First funding round of $10.5M.
  3. Exit Acquired by Postscript.

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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
shoppinggives.com2015Chicago, United States$23.64M–
Provider of cashback management solutions for businesses
upsidesaving.com2020London, United Kingdom$408,6056
App-based cashback and reward management solutions
hakamae.com2016Laval, France––
Cashback management solutions are provided to companies through specialized websites.
convertere.com.br2022Araras, Brazil––
Offers an app for efficient cashback management and tracking.
bnfts.app2021Walnut, United States––
Delivers a comprehensive app for effective cashback management solutions.
vocotext.com2014Bayan Lepas, Malaysia––
Provides a comprehensive app-based customer loyalty platform for merchants.
cashbackcms.com2017New Castle, United States––
Delivers software solutions for creating and managing cashback services.
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Detailed competitors of Fondue

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Web traffic of Fondue

The website of Fondue (getfondue.com) receives about 186.9K visits a month and ranks #237,556 among all websites worldwide, #6,645 in Online Marketing.

  • Monthly visits
    186.9K

    ▼ 13.7% vs previous month

  • Unique visitors
    144.1K

    per month

  • Global rank
    #237,556

    among all websites

  • Category rank
    #6,645

    Business and Consumer Services · Online Marketing

Similar websites

Websites whose visitors overlap most with Fondue. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
flowium.com
flowium.com
100%
–#497,807–
drip.com
100%
164.5K#281,753View details
scripted.com
60%
84.2K#484,015View details
friendbuy.com
60%
27K#1,024,264View details
shopify.com
46%
224.7M#101View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 10 similar websites and full traffic analytics for Fondue

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  • 10 similar websites
  • Audience overlap
  • Engagement analytics
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Verified entity values are shown only after access is granted.

Latest news on Fondue

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Complete news archive for Fondue

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Similar companies to Fondue

10 companies that operate in the same segment as Fondue (Deals, Rewards & Comparison Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cashback is provided on multi-category product purchases via mobile app.
2012Denver, Colorado, United StatesUSD 97.58 MUSD 342.39 M886
Online platform offering discovery of local deals, experiences, and rewards
2015Gurugram, Haryana, IndiaUSD 105.82 MUSD 37.82 M414
Online group-buying platform offering coupons for multi-category products and services
2010Beijing, ChinaUSD 9.86 BUSD 47.13 B–
Online platform for discovering and booking hotel accommodations at discounted prices
2016San Francisco, California, United StatesUSD 226.3 M––
Promotion-based circulars are digitized for retailers via an app-based solution.
2006Toronto, Ontario, CanadaUSD 78 M–358
Cashback is provided on multi-category products through an app-based platform.
1997San Francisco, California, United States–USD 15.96 B29,330
Cashback and coupon offers are provided for e-commerce shopping.
–Gurugram, Haryana, IndiaUSD 32.61 M––
Honey is recognized for providing automatic coupons and deals online.
2012Pasadena, California, United StatesUSD 9.8 M––
Cashback is provided automatically through app on diverse purchases.
2016Austin, Texas, United StatesUSD 87.36 M–78
Online platform offering rewards and cashback for multi-category products
2014Singapore, SingaporeUSD 331.7 M––
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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. The company's 1st funding round was a Seed of $10.5M, raised on Sep 2022.

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.

Fondue operates through Fondue Llc.

Yes. Fondue was acquired by Postscript in July 2023.

The website of Fondue receives about 187 thousand visits a month and ranks #237,556 among all websites worldwide.

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