About Fringe
Fringe is a company based in Richmond (United States) founded in 2018 by Isaiah Goodall, Jordan Peace, and Jason Murray. It operates as a SaaS (Software-as-a-Service), and Subscription Services. Fringe has raised $30.85 million across 8 funding rounds from investors including Origin Ventures, Felten Group and Sovereign's Capital. Fringe offers products and services including Fringe Platform and Rewards & Recognition. Fringe operates in a competitive market with competitors including Bennie, eHealth, Clair, Nayya and Plum, among others.
- Headquarter Richmond, United States
- Founders Isaiah Goodall, Jordan Peace, Jason Murray
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Sectors
Financial ServicesTechnology Healthcare
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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
$30.85 M (USD)
in 8 rounds
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Latest Funding Round
$6.01 M (USD), Series A
Sep 09, 2024
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Investors
Origin Ventures
& 6 more
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Employee Count
Employee Count
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Products & Services of Fringe
Fringe offers a comprehensive portfolio of products and services, including Fringe Platform and Rewards & Recognition. 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.
A platform for lifestyle benefits and employee wellbeing.
Tools for employee rewards and recognition are provided.
Unlock access to complete
Funding Insights of Fringe
Fringe has successfully raised a total of $30.85M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $6.01 million completed in September 2024. 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 8
- Last Round Series A — $6.0M
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2024 | Amount | Series A - Fringe | Valuation |
investors |
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| Nov, 2022 | Amount | Series A - Fringe | Valuation | Origin Ventures | |
| Feb, 2021 | Amount | Seed - Fringe | Valuation | Sovereign's Capital |
| 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 Fringe
Fringe has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Origin Ventures, Felten Group and Sovereign's Capital. 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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VC firm investing in the US
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Founded Year | Domain | Location | |
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Private equity investments in faith-driven public companies are managed.
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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 Fringe
| 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 - Fringe
| 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 |
Fringe Comparisons
Competitors of Fringe
Fringe 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 Bennie, eHealth, Clair, Nayya and Plum, 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 |
Employee health benefits are managed via an HR broker platform.
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| domain | founded_year | HQ Location |
Online health insurance comparison platform for individuals and small businesses
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| domain | founded_year | HQ Location |
Embedded Earned Wage Access solutions are provided for HR platforms.
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| domain | founded_year | HQ Location |
Cloud based benefit marketplace for employees
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| domain | founded_year | HQ Location |
Employee health benefits and insurance solutions are provided by Plum.
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| domain | founded_year | HQ Location |
An online healthcare pricing guide
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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 Fringe
Frequently Asked Questions about Fringe
When was Fringe founded?
Fringe was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Fringe located?
Fringe is headquartered in Richmond, United States. It is registered at Richmond, Virginia, United States.
Who is the current CEO of Fringe?
Jordan Peace is the current CEO of Fringe. They have also founded this company.
Is Fringe a funded company?
Fringe is a funded company, having raised a total of $30.85M across 8 funding rounds to date. The company's 1st funding round was a Seed of $2.64M, raised on Jun 18, 2019.
What does Fringe do?
A comprehensive platform for lifestyle benefits, employee wellbeing, rewards, and recognition is provided by Fringe. Solutions cater to HR and people teams, focusing on stipend programs, engagement, and remote or hybrid work benefits. Services are designed to meet diverse workforce needs across various sectors, helping companies attract talent, boost retention, and save on employee experience budgets. Global team support without administrative burden is also facilitated.
What products or services does Fringe offer?
Fringe offers Fringe Platform and Rewards & Recognition.
Who are Fringe's investors?
Fringe has 7 investors. Key investors include Origin Ventures, Felten Group, Sovereign's Capital, ManchesterStory Group, and Center for Innovative Technology.