About froots
froots is a company based in Vienna (Austria) founded in 2021 by David Mayer Heinisch and Dirk Van Wassenaer.. froots has raised $5.35 million across 3 funding rounds from investors including Big Cheese Ventures, Matteo Thun and Philipp Freyschlag.
- Headquarter Vienna, Austria
- Founders David Mayer Heinisch, Dirk Van Wassenaer
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Sectors
Technology
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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
$5.35 M (USD)
in 3 rounds
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Latest Funding Round
$2.68 M (USD), Seed
Jun 18, 2024
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Investors
Big Cheese Ventures
& 4 more
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Employee Count
Employee Count
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Funding Insights of froots
froots has successfully raised a total of $5.35M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $2.68 million completed in June 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 3
- Last Round Seed — $2.7M
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First Round
First Round
(01 Jun 2022)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Seed - froots | Valuation | Big Cheese Ventures | |
| Jun, 2023 | Amount | Seed - froots | Valuation | Andreas Treichl , Reinhold Baudisch |
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| Jun, 2022 | Amount | Seed - froots | 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 |
Investors in froots
froots has secured backing from 5 investors, including institutional and angel investors. Prominent investors backing the company include Big Cheese Ventures, Matteo Thun and Philipp Freyschlag. 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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Founded Year | Domain | Location | |
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MT
Matteo Thun |
Italian architect and designer, angel investor in Indian startups
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Founded Year | Domain | Location |
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PF
Philipp Freyschlag |
Angel investor, ex-Google, focused on Indian startups and tech innovation
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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 froots
| 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 - froots
| 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 |
Froots Comparisons
Competitors of froots
| 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 Froots
Frequently Asked Questions about froots
When was froots founded?
froots was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is froots located?
froots is headquartered in Vienna, Austria.
Is froots a funded company?
froots is a funded company, having raised a total of $5.35M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.67M, raised on Jun 01, 2022.
What does froots do?
froot was founded in 2021 in Vienna, Austria, as a fintech company focused on personal finance. An online platform is operated to deliver tailored wealth management solutions, including a customized dashboard for investing in sustainable ETF portfolios. Deposits can be made, monthly installments adjusted or paused flexibly, and ongoing advice provided to support individual financial goals.
Who are froots's investors?
froots has 5 investors. Key investors include Big Cheese Ventures, Matteo Thun, Philipp Freyschlag, Andreas Treichl, and Reinhold Baudisch.