About FRIKINtech
FRIKINtech is a company based in Williston (United States) founded in 2018.. FRIKINtech has raised $3.3 million across 3 funding rounds. The company has 28 employees as of December 31, 2022. FRIKINtech offers products and services including TRADEiQ, SALESiQ, and BDCiQ. FRIKINtech operates in a competitive market with competitors including Dealer.com, MotorK, Rollick, Affinitiv and Trader Interactive, among others.
- Headquarter Williston, United States
- Employees 28 as on 31 Dec, 2022
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Frikintech, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.3 M (USD)
in 3 rounds
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Latest Funding Round
$1.5 M (USD), Seed
Jun 30, 2022
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Investors
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Employee Count
28
as on Dec 31, 2022
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Products & Services of FRIKINtech
FRIKINtech offers a comprehensive portfolio of products and services, including TRADEiQ, SALESiQ, and BDCiQ. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates offers to past customers using AI for engagement.
Generates personalized payment quotes from dealership CRM.
Offers customized BDC services for dealership needs.
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Funding Insights of FRIKINtech
FRIKINtech has successfully raised a total of $3.3M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.5 million 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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $1.5M
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First Round
First Round
(25 Mar 2020)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Seed - FRIKINtech | Valuation |
investors |
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| Sep, 2020 | Amount | Seed - FRIKINtech | Valuation |
investors |
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| Mar, 2020 | Amount | Seed - FRIKINtech | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 FRIKINtech
| 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 - FRIKINtech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Frikintech Comparisons
Competitors of FRIKINtech
FRIKINtech 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 Dealer.com, MotorK, Rollick, Affinitiv and Trader Interactive, 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 |
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| domain | founded_year | HQ Location |
Digital marketing solutions for automotive dealerships are delivered.
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| domain | founded_year | HQ Location |
Cloud-based digital marketing solutions are delivered for the automotive sector.
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| domain | founded_year | HQ Location |
Omnichannel marketing automation is provided to automotive OEMs and dealers.
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| domain | founded_year | HQ Location |
Cloud-based marketing automation is offered for the automobile industry.
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| domain | founded_year | HQ Location |
Provider of web development, digital marketing, and lead generation solutions
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| domain | founded_year | HQ Location |
Predictive analytics and marketing automation are delivered for automotive dealerships.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Frikintech
Frequently Asked Questions about FRIKINtech
When was FRIKINtech founded?
FRIKINtech was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is FRIKINtech located?
FRIKINtech is headquartered in Williston, United States. It is registered at Williston, North Dakota, United States.
Is FRIKINtech a funded company?
FRIKINtech is a funded company, having raised a total of $3.3M across 3 funding rounds to date. The company's 1st funding round was a Seed of $600K, raised on Mar 25, 2020.
How many employees does FRIKINtech have?
As of Dec 31, 2022, the latest employee count at FRIKINtech is 28.
What does FRIKINtech do?
FRIKINtech was established in 2018 in Williston, United States, as a provider of SaaS-driven lead management solutions tailored to the aviation sector. Core operations encompass CRM systems, visitor engagement tools, and email templates. Key products include illumiQuote for customer interactions, ResponseiQ as a virtual business development center to facilitate dealer-customer communications, and PaymentiQ for digital payment processing. Services are accessed via the frikintech.com domain.
Who are the top competitors of FRIKINtech?
What products or services does FRIKINtech offer?
FRIKINtech offers TRADEiQ, SALESiQ, and BDCiQ.