About Frubana
Frubana is a company based in Bogota (Colombia) founded in 2018.. Frubana has raised $289.34 million across 6 funding rounds from investors including SoftBank, Lightspeed Venture Partners and Kairos. Frubana operates in a competitive market with competitors including Tridge, Ablife, Cultivando Futuro, La Mayorista and Surtiapp, among others.
- Headquarter Bogota, Colombia
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Sectors
RetailAgriculture
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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
$289.34 M (USD)
in 6 rounds
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Latest Funding Round
$30.07 M (USD), Series C
May 09, 2024
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Investors
SoftBank
& 8 more
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Employee Count
Employee Count
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Funding Insights of Frubana
Frubana has successfully raised a total of $289.34M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $30.07 million completed in May 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 6
- Last Round Series C — $30.1M
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First Round
First Round
(25 Mar 2019)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Series C - Frubana | Valuation |
investors |
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| Oct, 2021 | Amount | Series C - Frubana | Valuation |
investors |
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| Apr, 2021 | Amount | Series B - Frubana | Valuation | GGV 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 Frubana
Frubana has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include SoftBank, Lightspeed Venture Partners and Kairos. 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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Venture and private equity investments are managed with global diversification.
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Founded Year | Domain | Location | |
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Sectors like ad tech, food tech, logistics, services are targeted.
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Founded Year | Domain | Location | |
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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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 Frubana
| 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 - Frubana
| 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 |
Frubana Comparisons
Competitors of Frubana
Frubana 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 Tridge, Ablife, Cultivando Futuro, La Mayorista and Surtiapp, 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.
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| domain | founded_year | HQ Location |
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Online marketplace for farmers to sell their products directly to wholesalers and retailers
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| domain | founded_year | HQ Location |
Online B2B marketplace for farm products is operated for enterprises.
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| domain | founded_year | HQ Location |
Online platform for grocery shopping, coupons, and fast product delivery services.
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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 Frubana
Frequently Asked Questions about Frubana
When was Frubana founded?
Frubana was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Frubana located?
Frubana is headquartered in Bogota, Colombia. It is registered at Bogota, Bogota, Colombia.
Is Frubana a funded company?
Frubana is a funded company, having raised a total of $289.34M across 6 funding rounds to date. The company's 1st funding round was a Series B of $65M, raised on Mar 25, 2019.
What does Frubana do?
Frubana was established in 2018 in Bogota, Colombia, as an online platform in the agritech sector. Suppliers of fruits, vegetables, oils, herbs, mushrooms, tubers, and related products are linked directly to restaurants through the service. Operations focus on streamlining procurement for the food industry. A mobile application is offered for iOS and Android devices to facilitate access and transactions.
Who are the top competitors of Frubana?
Frubana's top competitors include Tridge, Cultivando Futuro and La Mayorista.
Who are Frubana's investors?
Frubana has 9 investors. Key investors include SoftBank, Lightspeed Venture Partners, Kairos, Tiger Global, and Monashees.