Friday Flats

Tallinn, Estonia Founded: 2011 • Age: 15 yrs Acquired By Forenom
Short Term Rental Platform

About Friday Flats

Friday Flats is a company based in Tallinn (Estonia) founded in 2011 was acquired by Forenom in March 2016.. Friday Flats operates in a competitive market with competitors including Airbnb and Dreamstay, among others.

  • Headquarter Tallinn, Estonia
  • Sectors
    Travel & Hospitality
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Travel & Hospitality → Hospitality & Travel Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Forenom

    (Mar 16, 2016)

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Funding Insights of Friday Flats

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Friday Flats

Friday Flats has secured backing from 1 investor. Prominent investors backing the company include Forenom. 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.

All
Investor Description Founded Year Domain Location
Temporary accommodations are booked online for businesses and tourists.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Friday Flats

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Friday Flats

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Friday Flats Comparisons

Employees
+
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Competitors of Friday Flats

Friday Flats 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 Airbnb and Dreamstay, 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
Vacation rentals are booked via an online peer-to-peer platform.
domain founded_year HQ Location
Short-term apartment rentals in Tallinn's historic areas with easy booking and amenities.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Friday Flats

Frequently Asked Questions about Friday Flats

When was Friday Flats founded?

Friday Flats was founded in 2011.

Where is Friday Flats located?

Friday Flats is headquartered in Tallinn, Estonia.

What does Friday Flats do?

Friday Flats was founded in 2011 in Tallinn, Estonia, as a platform in the short-term rental sector. Properties such as houses, villas, and apartments are listed for free by owners and managers, primarily in Eastern and Southern Europe across 37 countries. Secure bookings are enabled for travelers, with commissions of 5-10 charged on transactions. Operations focus on facilitating connections between property providers and guests through the domain fridayflats.com.

Who are the top competitors of Friday Flats?

Friday Flats's top competitors include Airbnb and Dreamstay.

Who are Friday Flats's investors?

Friday Flats has 1 investor. Key investors include Forenom.

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