About Fraction
Fraction is a company based in Hong Kong (China) founded in 2018 by Eka Nirapathpongporn and Shaun Sales. It operates as a Two-Sided Marketplace. Fraction has raised $3 million across 1 funding round from investors including Emtek, East Ventures and V Ventures. Fraction offers products and services including Ownership Fractionalization Platform. Fraction operates in a competitive market with competitors including INX, Securitize, Zoth, TOKENY and Neufund, among others.
- Headquarter Hong Kong, China
- Founders Eka Nirapathpongporn, Shaun Sales
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Sectors
Technology
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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
$3 M (USD)
in 1 rounds
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Latest Funding Round
$3 M (USD), Seed
Jan 17, 2022
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Investors
Emtek
& 3 more
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Employee Count
Employee Count
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Products & Services of Fraction
Fraction offers a comprehensive portfolio of products and services, including Ownership Fractionalization Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Ownership is fractionalized for accessible investment opportunities.
Funding Insights of Fraction
Fraction has successfully raised a total of $3M through 1 strategic funding round. The most recent funding activity was a Seed round of $3 million completed in January 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 1
- Last Round Seed — $3.0M
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First Round
First Round
(17 Jan 2022)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Seed - Fraction | Valuation | East Ventures |
| 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 Fraction
Fraction has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Emtek, East Ventures and V Ventures. 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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Venture capital firm investing in Southeast Asian startups and publishing reports on technology and sustainability.
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Founded Year | Domain | Location | |
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Venture capital and accelerator focused on life science, technology, and urbanization sectors
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Founded Year | Domain | Location | |
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Media, healthcare, and financial services are provided across multiple sectors.
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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 Fraction
| 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 - Fraction
| 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 |
Fraction Comparisons
Competitors of Fraction
Fraction 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 INX, Securitize, Zoth, TOKENY and Neufund, 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 |
Automated trading platform for cryptocurrencies and derivatives is operated.
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| domain | founded_year | HQ Location |
Blockchain-based platform for asset tokenization and investor management.
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| domain | founded_year | HQ Location |
Blockchain-based platform for tokenized art and real estate assets
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| domain | founded_year | HQ Location |
Compliant platform for issuing and managing security tokens.
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| domain | founded_year | HQ Location |
Assets are tokenized on blockchain for investor trading.
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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 Fraction
Frequently Asked Questions about Fraction
When was Fraction founded?
Fraction was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Where is Fraction located?
Fraction is headquartered in Hong Kong, China.
Who is the current CEO of Fraction?
Eka Nirapathpongporn is the current CEO of Fraction. They have also founded this company.
Is Fraction a funded company?
Fraction is a funded company, having raised a total of $3M across 1 funding round to date. The company's 1st funding round was a Seed of $3M, raised on Jan 17, 2022.
What does Fraction do?
Fraction is recognized as a platform for fractional ownership, enabling users to invest in assets through shared ownership models. The company operates within the financial technology sector, focusing on innovative investment solutions. Accessibility to high-value assets is facilitated through fractionalization.
Who are the top competitors of Fraction?
Fraction's top competitors include INX, Zoth and Securitize.
What products or services does Fraction offer?
Fraction offers Ownership Fractionalization Platform.
Who are Fraction's investors?
Fraction has 4 investors. Key investors include Emtek, East Ventures, V Ventures, and Thakral.
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