About Frubites
Frubites is a company based in West Bloomfield (United States) founded in 2016. It operates as a B2C. Frubites has raised $542.9 thousand across 3 funding rounds from investors including Mumbai Angels, Velocita Brand Consultants and Sharp Ventures. Frubites operates in a competitive market with competitors including Yoga Bar, True Elements, Nourish You, Eat Better and Lo! Foods, among others.
- Headquarter West Bloomfield, United States
- Stage Minicorn
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Rev Snacks Private Limited
- Date of Incorporation 23 Apr, 2018
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$114.72 K (USD)0as on Mar 31, 2019
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Net Profit
-$117.49 K (USD)0as on Mar 31, 2019
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EBITDA
-$116.53 K (USD)0as on Mar 31, 2019
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Total Equity Funding
$542.9 K (USD)
in 3 rounds
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Latest Funding Round
$221.64 K (USD), Seed
Jan 07, 2022
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Investors
Mumbai Angels
& 18 more
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Employee Count
Employee Count
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Funding Insights of Frubites
Frubites has successfully raised a total of $542.9K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $221.64 thousand completed in January 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 — $221,640
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First Round
First Round
(29 Sep 2018)
- Investors Count 19
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Seed - Frubites | Valuation | Velocita Brand Consultants | |
| Oct, 2019 | Amount | Angel Round - Frubites | Valuation | Rajendra Kumar Mishra |
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| Sep, 2018 | Amount | Seed - Frubites | Valuation | Samarth Singh |
Investors in Frubites
Frubites has secured backing from 19 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Mumbai Angels, Velocita Brand Consultants and Sharp Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage venture investments are facilitated by Mumbai Angels network.
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Founded Year | Domain | Location | |
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Venture capital firm providing investments and support to start-ups in various sectors.
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Founded Year | Domain | Location | |
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Offers brand consulting, communication, employer branding, and digital design expertise.
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Founded Year | Domain | Location |
Investments & Acquisitions by Frubites
Financial Statements - Frubites
Frubites Comparisons
Competitors of Frubites
Frubites 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 Yoga Bar, True Elements, Nourish You, Eat Better and Lo! Foods, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Protein-based food products are offered via an online platform.
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| domain | founded_year | HQ Location |
Health snacks and supplements are manufactured and marketed.
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| domain | founded_year | HQ Location |
Plant-based food products are offered online by Nourish You.
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| domain | founded_year | HQ Location |
Multi-category healthy products are offered through an internet-first brand.
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| domain | founded_year | HQ Location |
Low-carb, nutrient-dense functional foods are provided online for ketogenic diets.
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| domain | founded_year | HQ Location |
Internet-first brand offering confectionery products
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Latest news on Frubites
Frequently Asked Questions about Frubites
Frubites was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Frubites is headquartered in West Bloomfield, United States. It is registered at West Bloomfield, Michigan, United States.
Frubites is a funded company, having raised a total of $542.9K across 3 funding rounds to date. The company's 1st funding round was a Seed of $250.88K, raised on Sep 29, 2018.
Annual revenue of Frubites is $114.72K as on Mar 31, 2019.
Frubites operates a direct-to-consumer brand offering healthy snacks through producing consumer products, food and beverage, snacks, and healthy snacks. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Frubites's top competitors include Yoga Bar, Lo! Foods and Eat Better.
Frubites has 19 investors. Key investors include Mumbai Angels, Velocita Brand Consultants, Sharp Ventures, Bharat Kulkarni, and Rohit Kulkarni.
The valuation of Frubites is $2.63M as of Jan 2022.