About Framey
Framey is a company based in Bucharest (Romania) founded in 2017 by Robert Preoteasa.. Framey has raised $1 million across 1 funding round from investors including ICE Capital and JECO Capital. Framey offers products and services including Framey App. Framey operates in a competitive market with competitors including Grabr, Couchsurfing, Mafengwo, Tripoto and TravelFlan, among others.
- Headquarter Bucharest, Romania
- Founders Robert Preoteasa
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Sectors
Travel & HospitalityMedia & Entertainment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Oryon Tech Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1 M (USD)
in 1 rounds
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Latest Funding Round
$1 M (USD), Seed
Jul 22, 2021
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Investors
ICE Capital
& 1 more
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Employee Count
Employee Count
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Products & Services of Framey
Framey offers a comprehensive portfolio of products and services, including Framey App. 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.
App for discovering, planning, booking, and sharing travel experiences globally.
Funding Insights of Framey
Framey has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in July 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 Seed — $1.0M
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First Round
First Round
(22 Jul 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Seed - Framey | Valuation | ICE Chain Capital |
| 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 Framey
Framey has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include ICE Capital and JECO Capital. 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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Seed and early-stage venture capital funding is provided by ICE Capital.
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Founded Year | Domain | Location | |
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An investment firm focused on technology in digital assets.
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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 Framey
| 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 - Framey
| 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 |
Framey Comparisons
Competitors of Framey
Framey 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 Grabr, Couchsurfing, Mafengwo, Tripoto and TravelFlan, 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 |
Parcels are sent through travelers on a social marketplace platform.
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| domain | founded_year | HQ Location |
Travelers are connected with locals for home-sharing experiences globally.
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| domain | founded_year | HQ Location |
User-generated travel reviews and guides are shared online.
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| domain | founded_year | HQ Location |
Provider of a travelogue platform
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| domain | founded_year | HQ Location |
AI-curated text-based travel assistance is provided for Asian destinations.
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| domain | founded_year | HQ Location |
Female travelers are connected via an app-based community platform.
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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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Frequently Asked Questions about Framey
When was Framey founded?
Framey was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is Framey located?
Framey is headquartered in Bucharest, Romania.
Who is the current CEO of Framey?
Robert Preoteasa is the current CEO of Framey. They have also founded this company.
Is Framey a funded company?
Framey is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Seed of $1M, raised on Jul 22, 2021.
What does Framey do?
Framey was founded in 2017 in Bucharest, Romania, as an online platform in the travel technology sector. Users are enabled to discover travel photos, create itineraries, locate nearby attractions, capture images, and share experiences with contacts. Operations focus on facilitating community-driven content exchange for planning and exploration, with services accessible via the domain framey.io.
Who are the top competitors of Framey?
Framey's top competitors include Grabr, Couchsurfing and Mafengwo.
What products or services does Framey offer?
Framey offers Framey App.
Who are Framey's investors?
Framey has 2 investors. Key investors include ICE Capital, and JECO Capital.
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