About Fruugo
Fruugo is a company based in Ulverston (United Kingdom) founded in 2006.. Fruugo has raised $3.65 million across 2 funding rounds. The company has 8 employees as of December 31, 2022. Fruugo offers products and services including Fruugo Marketplace and Shopping Services.
- Headquarter Ulverston, United Kingdom
- Employees 8 as on 31 Dec, 2022
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Fruugo.Com Ltd
- Date of Incorporation 03 Apr, 2008
- Jurisdiction ULVERSTON, CUMBRIA
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Annual Revenue
$42.26 M (USD)58as on Dec 31, 2021
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Net Profit
$-272.33 K (USD)81as on Dec 31, 2021
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EBITDA
$-272.33 K (USD)81as on Dec 31, 2021
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Total Equity Funding
$3.65 M (USD)
in 2 rounds
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Latest Funding Round
$2.17 M (USD), Series A
Aug 11, 2015
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Investors
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Employee Count
8
as on Dec 31, 2022
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Products & Services of Fruugo
Fruugo offers a comprehensive portfolio of products and services, including Fruugo Marketplace and Shopping Services. 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.
Platform for global shopping from retailers in various currencies
Facilitates secure transactions and product discovery worldwide
Funding Insights of Fruugo
Fruugo has successfully raised a total of $3.65M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2.17 million completed in August 2015. 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 2
- Last Round Series A — $2.2M
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First Round
First Round
(30 Oct 2009)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2015 | Amount | Series A - Fruugo | Valuation |
investors |
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| Oct, 2009 | Amount | Seed - Fruugo | 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Fruugo
| 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 - Fruugo
| 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 |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fruugo Comparisons
Competitors of Fruugo
| 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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Frequently Asked Questions about Fruugo
When was Fruugo founded?
Fruugo was founded in 2006 and raised its 1st funding round 3 years after it was founded.
Where is Fruugo located?
Fruugo is headquartered in Ulverston, United Kingdom.
Who is the current CEO of Fruugo?
Dominic Allonby is the current CEO of Fruugo.
Is Fruugo a funded company?
Fruugo is a funded company, having raised a total of $3.65M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.48M, raised on Oct 30, 2009.
How many employees does Fruugo have?
As of Dec 31, 2022, the latest employee count at Fruugo is 8.
What is the annual revenue of Fruugo?
Annual revenue of Fruugo is $42.26M as on Dec 31, 2021.
What does Fruugo do?
Fruugo is an online marketplace for multi-category products. It includes products across multiple categories like sports leisure, health beauty, clothing, home garden, electricals more in its products catalog. It covers brands like Adidas, Converse, Kerastase Paris, Michael Kors, Diesel more. Customers can view what others are purchasing from this website and can select products likewise.
What products or services does Fruugo offer?
Fruugo offers Fruugo Marketplace and Shopping Services.