About Fongo
Fongo is a company based in Waterloo (Canada) founded in 2010 by Mike Brown and John Stix. It operates as a SaaS (Software-as-a-Service), Subscription Services, and Freemium. Fongo has raised $1.7 million across 1 funding round from investors including Angel One Investor Network, Golden Triangle Angel Network and Tech Capital Partners. Fongo offers products and services including Fongo Mobile, Fongo Home Phone, Fongo Works, and Fongo Internet. Fongo operates in a competitive market with competitors including Rebtel, TextNow, Pinger, textPlus and Tyntec, among others.
- Headquarter Waterloo, Canada
- Founders Mike Brown, John Stix
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Sectors
Telecommunications
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Phone
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Website
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Social
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- Legal Name Fongo Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$1.7 M (USD)
in 1 rounds
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Latest Funding Round
$1.7 M (USD), Seed
Nov 16, 2012
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Investors
Angel One Investor Network
& 2 more
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Employee Count
Not available
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Products & Services of Fongo
Fongo offers a comprehensive portfolio of products and services, including Fongo Mobile, Fongo Home Phone, Fongo Works, and Fongo Internet.
Unlimited Canada-wide calling and texting app provided.
Low-cost VoIP home phone service is offered.
Free business phone system with upgrades available.
Unlimited high-speed internet service is provided affordably.
Funding Insights of Fongo
Fongo has successfully raised a total of $1.7M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.7 million completed in November 2012. 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 Fongo
Fongo has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Angel One Investor Network, Golden Triangle Angel Network and Tech Capital Partners.
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Angel One Investor Network is focused on connecting Canadian startups with investors to drive innovation and economic growth.
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Early-stage tech startups in Canada are supported through angel investments.
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Early-stage VC firm investing in the US & Canada
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Investor details for Fongo
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Fongo
Investment portfolio details for Fongo
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Financial Statements - Fongo
Detailed financials for Fongo
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Fongo Comparisons
Peer comparison for Fongo
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- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Fongo
Fongo 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 Rebtel, TextNow, Pinger, textPlus and Tyntec, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cheap international calling services are provided by Rebtel.
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Provider of free texting and international voice calling app
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Free texting and calling are enabled through a cross-platform app.
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VoIP calling and messaging services are provided to global users.
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Mobile messaging services are provided for enterprise-customer connections.
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Detailed competitors of Fongo
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Latest news on Fongo
Complete news archive for Fongo
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Frequently Asked Questions about Fongo
Fongo was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Fongo is headquartered in Waterloo, Canada. It is registered at Waterloo, Ontario, Canada.
Fongo is a funded company, having raised a total of $1.7M across 1 funding round to date.
Fongo is established as a provider of low-cost communication solutions for personal, home, and small business needs in Canada. Services are offered across multiple sectors including mobile apps, VoIP home phone systems, business phone systems, and high-speed internet. Solutions such as unlimited Canada-wide calling, texting, and internet services are provided with a focus on simplicity, reliability, and affordability. Operations are primarily based in Waterloo, Ontario, with services limited to specific regions like Ontario and Quebec for internet offerings.
Fongo offers Fongo Mobile, Fongo Home Phone, Fongo Works, and Fongo Internet.
Fongo has 3 investors. Key investors include Angel One Investor Network, Golden Triangle Angel Network, and Tech Capital Partners.