About Fring
Fring is a company based in Bnei Brak (Israel) founded in 2006 was acquired by Genband in September 2013.. Fring has raised $12 million across 1 funding round from investors including Genband, North Bridge Venture Partners and Pitango. Fring operates in a competitive market with competitors including Skype, Nimbuzz, Pronto, Hello Pal and Rounds, among others.
- Headquarter Bnei Brak, Israel
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Sectors
Telecommunications
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Phone
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Website
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Social
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Funding Insights of Fring
Fring has successfully raised a total of $12M through 1 strategic funding round. The most recent funding activity was a Series B round of $12 million completed in August 2007. 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 Series B — $12.0M
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First Round
First Round
(10 Aug 2007)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2007 | Amount | Series B - Fring | Valuation | North Bridge Venture Partners , Pitango |
| 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 Fring
Fring has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Genband, North Bridge Venture Partners and Pitango. 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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US focused seed to growth stage VC firm
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Founded Year | Domain | Location | |
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Venture capital investments in tech and healthtech sectors through dedicated funds.
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Founded Year | Domain | Location | |
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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 Fring
| 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 - Fring
| 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 |
Fring Comparisons
Competitors of Fring
Fring 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 Skype, Nimbuzz, Pronto, Hello Pal and Rounds, 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 |
VoIP software for internet video chats and calls is offered.
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| domain | founded_year | HQ Location |
Cross-platform instant messaging and mobile calling services are offered.
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| domain | founded_year | HQ Location |
A communication platform is provided for seamless real-time connections.
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| domain | founded_year | HQ Location |
Messaging app for different languages
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| domain | founded_year | HQ Location |
Mobile video messaging app matching users via Facebook friendships.
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| domain | founded_year | HQ Location |
Secure messaging and video calling are enabled by Zangi app.
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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 Fring
Frequently Asked Questions about Fring
When was Fring founded?
Fring was founded in 2006 and raised its 1st funding round 1 year after it was founded.
Where is Fring located?
Fring is headquartered in Bnei Brak, Israel. It is registered at Bnei Brak, Tel Aviv District, Israel.
Is Fring a funded company?
Fring is a funded company, having raised a total of $12M across 1 funding round to date. The company's 1st funding round was a Series B of $12M, raised on Aug 10, 2007.
What does Fring do?
Fring was founded in 2006 in Bnei Brak, Israel, as a mobile communication service. Free group video calls, individual video calls, voice calls, and live chat are supported across iPhone, Android, and Nokia platforms. Real-time contact availability is featured, enabling users to view online status prior to initiating calls. Operations focus on seamless connectivity in the telecommunications sector.
Who are Fring's investors?
Fring has 6 investors. Key investors include Genband, North Bridge Venture Partners, Pitango, VenFin, and Veritas Venture Partners.
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