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
Not available
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Net Profit
Not available
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EBITDA
Not available
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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
Not available
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People of Franc
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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.
Investors in Franc
Franc has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include 4DX Ventures.
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Early-stage investments in technology companies are targeted by 4DX Ventures.
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Investor details for Franc
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Investments & Acquisitions by Franc
Investment portfolio details for Franc
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Financial Statements - Franc
Detailed financials for Franc
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Franc Comparisons
Peer comparison for Franc
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Insurance quotes for diverse policies are compared and provided.
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AI-enabled robo advisory for wealth management is provided.
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Automated financial advice is offered for US asset investments.
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Online investment brokerage & advisory platform
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Develops AI tools for clean energy technologies and emissions reduction.
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Detailed competitors of Franc
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Latest news on Franc
Complete news archive for Franc
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Frequently Asked Questions about Franc
Franc was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Franc is headquartered in Sandton, South Africa. It is registered at Sandton, Gauteng, South Africa.
Thomas Brennan is the current CEO of Franc. They have also founded this company.
Franc is a funded company, having raised a total of $822K across 2 funding rounds to date.
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.
Franc's top competitors include OUTsurance, Qara and Quiena.
Franc has 1 investor. Key investors include 4DX Ventures.