Forward Advances

London, United Kingdom Founded: 2020 • Age: 6 yrs
Revenue-based financing is provided through an online lending platform.
Annual revenue $32,506 Latest available
Total funding $3.1M 1 rounds
Employees 1 Tracked headcount
Investors - Known backers
Products - Services tracked
Competitors 7 Brand Intelligence

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
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Forward Partners Venture Advance Ltd
  • Date of Incorporation 13 Jan, 2020
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $32.51 K (USD)
    0
    as on Dec 31, 2020
  • Net Profit
    -$365.05 K (USD)
    0
    as on Dec 31, 2020
  • EBITDA
    Not available
  • Total Equity Funding
    $3.06 M (USD)

    in 1 rounds

  • Latest Funding Round
    $3.06 M (USD), Series A

    Mar 16, 2021

  • Investors
    Not available
  • Employee Count
    1

    as on Dec 31, 2020

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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.

Investments & Acquisitions by Forward Advances

Investments
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Investment portfolio details for Forward Advances

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Financial Statements - Forward Advances

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Detailed financials for Forward Advances

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Forward Advances Comparisons

Forward Advances Primary company
Description
Revenue-based financing is provided through an online lendin...
Location
London, United Kingdom
Founded Year
2020
Annual Revenue
$32.51 K (USD)
Net Profit
-$365.05 K (USD)
EBITDA
Not available
Employees
1
As of 2020
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Peer comparison for Forward Advances

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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.

Company Name Domain Founded year HQ Location Description
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Revenue-based financing is offered to eCommerce and SaaS businesses.
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Revenue-based vehicle financing is offered to mobility entrepreneurs.
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Online platform for revenue-based financing
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Offers revenue-based financing solutions to support business growth and operations.
Locked Locked Locked
Operates as a private debt fund focused on investments across multiple sectors.
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Detailed competitors of Forward Advances

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Latest news on Forward Advances

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Complete news archive for Forward Advances

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Frequently Asked Questions about Forward Advances

Forward Advances was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Forward Advances is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Forward Advances is a funded company, having raised a total of $3.06M across 1 funding round to date.

As of Dec 31, 2020, the latest employee count at Forward Advances is 1.

Annual revenue of Forward Advances is $32.51K as on Dec 31, 2020.

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.

Forward Advances's top competitors include Clearco, Moove and Uncapped.

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