About Forward Advances
Forward Advances is a company based in London (United Kingdom) founded in 2020.. Forward Advances has raised $3.06 million across 1 funding round. The company has 1 employees as of December 31, 2020. Forward Advances operates in a competitive market with competitors including Clearco, Moove, Uncapped, Moonshot Capital and Beyond Equity, among others.
- Headquarter London, United Kingdom
- Employees 1 as on 31 Dec, 2020
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
- Legal Name Forward Partners Venture Advance Ltd
- Date of Incorporation 13 Jan, 2020
- Jurisdiction LONDON, ENGLAND
-
Annual Revenue
$32.51 K (USD)0as on Dec 31, 2020
-
Net Profit
$-365.05 K (USD)0as on Dec 31, 2020
-
EBITDA
-
Total Equity Funding
$3.06 M (USD)
in 1 rounds
-
Latest Funding Round
$3.06 M (USD), Series A
Mar 16, 2021
-
Investors
-
Employee Count
1
as on Dec 31, 2020
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 Forward Advances
Forward Advances has successfully raised a total of $3.06M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.06 million completed in March 2021. 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 1
- Last Round Series A — $3.1M
-
First Round
First Round
(16 Mar 2021)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Series A - Forward Advances | 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 |
Investments & Acquisitions by Forward Advances
| 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 - Forward Advances
| 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 |
Forward Advances Comparisons
Competitors of Forward Advances
Forward Advances 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 Clearco, Moove, Uncapped, Moonshot Capital and Beyond Equity, 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 |
Revenue-based financing is offered to eCommerce and SaaS businesses.
|
|
| domain | founded_year | HQ Location |
Revenue-based vehicle financing is offered to mobility entrepreneurs.
|
|
| domain | founded_year | HQ Location |
Online platform for revenue-based financing
|
|
| domain | founded_year | HQ Location |
Offers revenue-based financing solutions to support business growth and operations.
|
|
| domain | founded_year | HQ Location |
Operates as a private debt fund focused on investments across multiple sectors.
|
| 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.
|
Latest news on Forward Advances
Frequently Asked Questions about Forward Advances
When was Forward Advances founded?
Forward Advances was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Forward Advances located?
Forward Advances is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Forward Advances a funded company?
Forward Advances is a funded company, having raised a total of $3.06M across 1 funding round to date. The company's 1st funding round was a Series A of $3.06M, raised on Mar 16, 2021.
How many employees does Forward Advances have?
As of Dec 31, 2020, the latest employee count at Forward Advances is 1.
What is the annual revenue of Forward Advances?
Annual revenue of Forward Advances is $32.51K as on Dec 31, 2020.
What does Forward Advances do?
Online lending platform for revenue-based financing. It provides loans for marketing inventory. Businesses can link revenue marketing accounts for accessing monthly revenue in advance. Loan application approval is based on sales data and monthly revenues of the businesses. Repayment is done by taking a percentage of future sales until the capital is returned. It offers financing solutions to e-commerce, marketplaces, and B2C SaaS-based companies.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.