About Foro
Foro is a company based in Vancouver (Canada) founded in 2012 was acquired by Global Cannabis Applications Corporation in April 2015.. Foro operates in a competitive market with competitors including eBay, Adevinta, 58City, VarageSale and Karrot, among others.
- Headquarter Vancouver, Canada
-
Sectors
Retail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
- Investors
-
Employee Count
Employee Count
-
Acquired by
Global Cannabis Applications Corporation
(Apr 09, 2015)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Foro
- 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, 2014 | Amount | Seed - Foro | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Foro
Foro has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Global Cannabis Applications Corporation and FounderFuel. 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 |
|---|---|---|---|---|
|
FounderFuel is recognized as a leading startup accelerator in Canada.
|
Founded Year | Domain | Location | |
|
Data source provider for medical cannabis community
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Foro
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Foro
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Foro Comparisons
Competitors of Foro
Foro 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 eBay, Adevinta, 58City, VarageSale and Karrot, 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 |
Multi-category consumer products are sold via an online marketplace platform.
|
|
| domain | founded_year | HQ Location |
Multi-category second-hand products are traded via an online P2P marketplace.
|
|
| domain | founded_year | HQ Location |
Online second-hand listing platform offering multi-category products and services
|
|
| domain | founded_year | HQ Location |
Toronto-based online platform for pre-owned goods
|
|
| domain | founded_year | HQ Location |
Multi-category second-hand products are traded on an online marketplace platform.
|
|
| domain | founded_year | HQ Location |
Online classified forum
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Foro
When was Foro founded?
Foro was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is Foro located?
Foro is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
What does Foro do?
Foro was founded in 2012 in Vancouver, Canada, as a peer-to-peer marketplace focused on second-hand goods for students. Transactions occur on campus, with credit payments handled through the platform. The mobile application is offered on Google Play and the App Store. Its parent entity, Foro Technologies, was acquired by Fundamental Applications Corp. in 2015. Operations center on facilitating student exchanges in the consumer goods sector.
Who are Foro's investors?
Foro has 2 investors. Key investors include Global Cannabis Applications Corporation, and FounderFuel.