About Frents
Frents is a company based in Berlin (Germany) founded in 2006. It operates as a B2C. Frents has raised $134 thousand across 1 funding round. Frents operates in a competitive market with competitors including Erento, Fainin, talaa, Qvoot and RentinoRio, among others.
- Headquarter Berlin, Germany
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Sectors
Travel & Hospitality
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Phone
*********
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Website
*********
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Social
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- Legal Name Frents Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$134 K (USD)
in 1 rounds
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Latest Funding Round
$134 K (USD), Angel Round
Apr 01, 2010
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Investors
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Employee Count
Employee Count
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Funding Insights of Frents
Frents has successfully raised a total of $134K through 1 strategic funding round. The most recent funding activity was a Angel Round round of $134 thousand completed in April 2010. 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 Angel Round — $134,000
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First Round
First Round
(01 Apr 2010)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2010 | Amount | Angel Round - Frents | 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 |
Investments & Acquisitions by Frents
| 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 - Frents
| 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 |
Frents Comparisons
Competitors of Frents
Frents 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 Erento, Fainin, talaa, Qvoot and RentinoRio, 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 |
Goods and services are rented via an online marketplace platform.
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| domain | founded_year | HQ Location |
Platform for renting and lending items with insurance and user verification.
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| domain | founded_year | HQ Location |
Multi-category products are rented through an app-based P2P platform.
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| domain | founded_year | HQ Location |
Operates an online peer-to-peer marketplace for renting multi-category products.
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| domain | founded_year | HQ Location |
Online platform for peer-to-peer item rentals and listings.
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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 Frents
When was Frents founded?
Frents was founded in 2006 and raised its 1st funding round 4 years after it was founded.
Where is Frents located?
Frents is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Is Frents a funded company?
Frents is a funded company, having raised a total of $134K across 1 funding round to date. The company's 1st funding round was a Angel Round of $134K, raised on Apr 01, 2010.
What does Frents do?
Frents operates with a B2C model, focusing on providing essential services, sharing economy, rentals, and peer-to-peer. Facilitates peer-to-peer rental services for various items. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations. It continues to evolve, meeting industry challenges with strategic approaches.