About Fonos
Fonos is a company based in Ho Chi Minh City (Vietnam) founded in 2019.. Fonos has raised $2.9 million across 2 funding rounds from investors including North Base Media, Vietcetera and AngelCentral. Fonos operates in a competitive market with competitors including Storytel, Podimo, Yoto, Wondery and CastBox, among others.
- Headquarter Ho Chi Minh City, Vietnam
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Sectors
Media & Entertainment
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Email
***********
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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
$2.9 M (USD)
in 2 rounds
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Latest Funding Round
$1.8 M (USD), Seed
Nov 24, 2022
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Investors
North Base Media
& 6 more
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Employee Count
Employee Count
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Funding Insights of Fonos
Fonos has successfully raised a total of $2.9M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.8 million completed in November 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 Total Funding
- Total Rounds 2
- Last Round Seed — $1.8M
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First Round
First Round
(09 Sep 2021)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Seed - Fonos | Valuation | North Base Media | |
| Sep, 2021 | Amount | Seed - Fonos | Valuation | Hustle Fund , iSeed |
| 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 Fonos
Fonos has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include North Base Media, Vietcetera and AngelCentral. 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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VC firm investing in early and mid stage companies in growing markets
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Venture capital firm focused on early stage technology companies
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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 Fonos
| 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 - Fonos
| 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 |
Fonos Comparisons
Competitors of Fonos
Fonos 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 Storytel, Podimo, Yoto, Wondery and CastBox, 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 |
App-based subscription platform for e-books
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| domain | founded_year | HQ Location |
Podcasts and audiobooks are provided through a creator-focused audio platform.
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| domain | founded_year | HQ Location |
Audio-based learning solutions with stories and music are provided.
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| domain | founded_year | HQ Location |
Podcast streaming platform
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| domain | founded_year | HQ Location |
Podcast and online radio streaming player
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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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Latest news on Fonos
Frequently Asked Questions about Fonos
When was Fonos founded?
Fonos was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Fonos located?
Fonos is headquartered in Ho Chi Minh City, Vietnam.
Is Fonos a funded company?
Fonos is a funded company, having raised a total of $2.9M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.1M, raised on Sep 09, 2021.
What does Fonos do?
Fonos was established in 2019 in Ho Chi Minh City, Vietnam, as an app-based platform in the audio content sector. Audiobooks across genres such as fiction, non-fiction, classics, economics, and startups are provided, along with book summaries, meditation guides, stories, news updates, and offline access options. The platform is accessible on Android and iOS devices, supporting diverse audio consumption needs.
Who are Fonos's investors?
Fonos has 7 investors. Key investors include North Base Media, Vietcetera, AngelCentral, Orvel Ventures, and Hustle Fund.
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