About FranShares
FranShares is a company based in Chicago (United States) founded in 2020. FranShares has raised $7.24 million across 2 funding rounds from investors including Chicago Ventures, Sean Fannan and Daniel Rutberg. FranShares offers products and services including Investment Platform. FranShares operates in a competitive market with competitors including WealthForge, Percent, Proteus, Gridline and Carver Edison, among others.
- Headquarter Chicago, United States
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Franshares, Inc.
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Annual Revenue
Not available
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Net Profit
-$5.77 K (USD)0as on Dec 31, 2023
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EBITDA
Not available
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Total Equity Funding
$7.24 M (USD)
in 2 rounds
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Latest Funding Round
$5.82 M (USD), Seed
Apr 12, 2023
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Investors
Chicago Ventures
& 5 more
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Employee Count
Not available
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Products & Services of FranShares
FranShares offers a comprehensive portfolio of products and services, including Investment Platform.
Platform for buying shares in franchises to generate passive income.
People of FranShares
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Advisor Team
7 people
Leadership Team
2 people
Operations Team
2 people
Finance and Accounting
1 people
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Funding Insights of FranShares
FranShares has successfully raised a total of $7.24M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $5.82 million completed in April 2023. 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 FranShares
FranShares has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Chicago Ventures, Sean Fannan and Daniel Rutberg.
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VC firm investing in seed stage tech companies in the US
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Sean Fannan |
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DR
Daniel Rutberg |
Angel investor focusing on Indian startups, experienced in tech and innovation.
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Investor details for FranShares
Investor domains, locations, round participation, and complete history require an active premium plan.
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by FranShares
Investment portfolio details for FranShares
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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Financial Statements - FranShares
Detailed financials for FranShares
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Franshares Comparisons
Peer comparison for FranShares
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of FranShares
FranShares 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 WealthForge, Percent, Proteus, Gridline and Carver Edison, among others.
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Private placements are automated to streamline capital raising for entities.
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Investors and originators are connected through an alternative investment platform.
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Multiple real estate properties are managed by Proteus firm.
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Investments in alternative assets are enabled via an online platform.
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Employee benefits solutions are delivered via specialized platforms.
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Detailed competitors of FranShares
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Latest news on Franshares
Complete news archive for FranShares
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Frequently Asked Questions about FranShares
FranShares was founded in 2020 and raised its 1st funding round 1 year after it was founded.
FranShares is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
FranShares is a funded company, having raised a total of $7.24M across 2 funding rounds to date.
FranShares was founded in 2020 in Chicago, United States, as an online platform focused on franchise investments within the financial services sector. Brands are selected for users based on factors such as profitability, growth potential, manageability, and recession resistance. Portfolios of franchises are made available for investment, allowing income to be generated from operations. The service operates digitally to connect investors with opportunities in the franchise industry.
FranShares's top competitors include Percent, Carver Edison and WealthForge.
FranShares offers Investment Platform.
FranShares has 6 investors. Key investors include Chicago Ventures, Sean Fannan, Daniel Rutberg, Moody Nashawaty, and Jonathan Tabaroki.