About Franc
Franc is a company based in Sandton (South Africa) founded in 2018 by Thomas Brennan and Sebastian Patel.. Franc has raised $822 thousand across 2 funding rounds from investors including 4DX Ventures. Franc operates in a competitive market with competitors including OUTsurance, Qara, Quiena, Advize and Peniel Impact Investment, among others.
- Headquarter Sandton, South Africa
- Founders Thomas Brennan, Sebastian Patel
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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
$822 K (USD)
in 2 rounds
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Latest Funding Round
$522 K (USD), Seed
Jun 08, 2022
- Investors
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Employee Count
Employee Count
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Funding Insights of Franc
Franc has successfully raised a total of $822K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $522 thousand completed in June 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 2
- Last Round Seed — $522,000
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First Round
First Round
(07 Jul 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2022 | Amount | Seed - Franc | Valuation | 4DX Ventures |
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| Jul, 2020 | Amount | Seed - Franc | Valuation |
investors |
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| 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 Franc
Franc has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include 4DX 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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Early-stage investments in technology companies are targeted by 4DX Ventures.
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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 Franc
| 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 - Franc
| 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 |
Franc Comparisons
Competitors of Franc
Franc 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 OUTsurance, Qara, Quiena, Advize and Peniel Impact Investment, 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 |
Insurance quotes for diverse policies are compared and provided.
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| domain | founded_year | HQ Location |
AI-enabled robo advisory for wealth management is provided.
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| domain | founded_year | HQ Location |
Automated financial advice is offered for US asset investments.
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| domain | founded_year | HQ Location |
Online investment brokerage & advisory platform
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| domain | founded_year | HQ Location |
Develops AI tools for clean energy technologies and emissions reduction.
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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 Franc
Frequently Asked Questions about Franc
When was Franc founded?
Franc was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Franc located?
Franc is headquartered in Sandton, South Africa. It is registered at Sandton, Gauteng, South Africa.
Who is the current CEO of Franc?
Thomas Brennan is the current CEO of Franc. They have also founded this company.
Is Franc a funded company?
Franc is a funded company, having raised a total of $822K across 2 funding rounds to date. The company's 1st funding round was a Seed of $300K, raised on Jul 07, 2020.
What does Franc do?
Franc was founded in 2018 in Sandton, South Africa, within the fintech sector. Robo-advisory services are delivered through a mobile app focused on savings and investments. Goal-based advice is offered to users, enabling access to cash and index-tracking equity funds without minimums or restrictions. The platform operates on Android, iOS, and Huawei devices, supporting users in managing investments from South Africa.
Who are the top competitors of Franc?
Franc's top competitors include OUTsurance, Qara and Quiena.
Who are Franc's investors?
Franc has 1 investor. Key investors include 4DX Ventures.