About frenter
frenter is a company based in Halifax (Canada) founded in 2020.. frenter has raised $1.7 million across 2 funding rounds from investors including 1517 Fund, Venture Grade and LOI Venture. frenter operates in a competitive market with competitors including Rentberry, Crib, TurboTenant, Nomad and SingleKey, among others.
- Headquarter Halifax, Canada
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Sectors
RetailReal Estate & Construction
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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
$1.7 M (USD)
in 2 rounds
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Latest Funding Round
$1 M (USD), Seed
May 15, 2023
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Investors
1517 Fund
& 4 more
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Employee Count
Employee Count
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Funding Insights of frenter
frenter has successfully raised a total of $1.7M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in May 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $1.0M
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First Round
First Round
(23 May 2022)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Seed - frenter | Valuation | 1517 Fund | |
| May, 2022 | Amount | Seed - frenter | 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 frenter
frenter has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include 1517 Fund, Venture Grade and LOI Venture. 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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Life-Sciences & Tech focused Seed-stage VC Firm investing in geographies such as the US
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Founded Year | Domain | Location | |
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A venture fund managed by students at Saint Mary University.
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Founded Year | Domain | Location | |
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A seed venture capital fund is operated for early-stage founders.
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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 frenter
| 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 - frenter
| 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 |
Frenter Comparisons
Competitors of frenter
frenter 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 Rentberry, Crib, TurboTenant, Nomad and SingleKey, 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 |
Digital platform for worldwide apartment rentals is provided.
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| domain | founded_year | HQ Location |
Provider of all-in-one property management software
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| domain | founded_year | HQ Location |
Online property management software is offered to landlords and managers.
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| domain | founded_year | HQ Location |
Digital banking services for individuals are offered by Nomad.
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| domain | founded_year | HQ Location |
Rental property management software is delivered via SaaS for landlords.
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| domain | founded_year | HQ Location |
Rental property management is enabled via SaaS 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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Latest news on Frenter
Frequently Asked Questions about frenter
When was frenter founded?
frenter was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is frenter located?
frenter is headquartered in Halifax, Canada. It is registered at Halifax, Nova Scotia, Canada.
Is frenter a funded company?
frenter is a funded company, having raised a total of $1.7M across 2 funding rounds to date. The company's 1st funding round was a Seed of $700K, raised on May 23, 2022.
What does frenter do?
Frenter was founded in 2020 in Halifax, Canada, as a SaaS solution focused on rental management for property owners and managers. Inventory tracking, analytics, revenue insights, and payment processing are provided through the platform. Users are enabled to join for property rentals and operational oversight. Forecasting tools and business data management are also included to support rental operations in the real estate sector.
Who are the top competitors of frenter?
frenter's top competitors include Rentberry, TurboTenant and Turno.
Who are frenter's investors?
frenter has 5 investors. Key investors include 1517 Fund, Venture Grade, LOI Venture, Invest Nova Scotia, and LAUNCH Accelerator.
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