About Fundmates
Fundmates is a company based in Wilmington (United States) founded in 2022. It operates as a B2B, and D2C. Fundmates has raised $2 million across 1 funding round from investors including Alexey Dovzhikov and Daniel Galper. Fundmates offers products and services including Funding Service, Growth Tools, and Funding Calculator. Fundmates operates in a competitive market with competitors including Spotter, Bump by Ownors, Flowbo, Creator Cash and Tulay, among others.
- Headquarter Wilmington, United States
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Sectors
TechnologyFinancial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Fundmates Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2 M (USD)
in 1 rounds
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Latest Funding Round
$2 M (USD), Seed
Feb 12, 2024
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Investors
& 1 more
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Employee Count
Employee Count
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Products & Services of Fundmates
Fundmates offers a comprehensive portfolio of products and services, including Funding Service, Growth Tools, and Funding Calculator. 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.
Offers upfront payments for revenue share to support creator growth.
Provides editing and expert advice to enhance YouTube channels.
Estimates funding based on channel data for creators.
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Funding Insights of Fundmates
Fundmates has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in February 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 1
- Last Round Seed — $2.0M
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First Round
First Round
(12 Feb 2024)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2024 | Amount | Seed - Fundmates | Valuation | Alexey Dovzhikov , Daniel Galper |
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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 Fundmates
Fundmates has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Alexey Dovzhikov and Daniel Galper. 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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AD
Alexey Dovzhikov |
Angel investor and founder of eToro Russia, focusing on fintech
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Founded Year | Domain | Location |
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DG
Daniel Galper |
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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 Fundmates
| 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 - Fundmates
| 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 |
Fundmates Comparisons
Competitors of Fundmates
Fundmates 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 Spotter, Bump by Ownors, Flowbo, Creator Cash and Tulay, 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 |
Banking services are provided by Spotter to clients in Morocco.
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| domain | founded_year | HQ Location |
Alternative investment platform for music artists
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| domain | founded_year | HQ Location |
Loans are extended to content creators based on audience reach.
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| domain | founded_year | HQ Location |
Online platform for content creators loan
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| domain | founded_year | HQ Location |
Provides an online financing platform tailored for content creators to access funding efficiently.
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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 Fundmates
Frequently Asked Questions about Fundmates
When was Fundmates founded?
Fundmates was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Where is Fundmates located?
Fundmates is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.
Is Fundmates a funded company?
Fundmates is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on Feb 12, 2024.
What does Fundmates do?
Fundmates is a platform that delivers upfront funding to YouTube creators in exchange for a share of their AdSense revenue for a set period. It offers short-term deals, growth resources like video editing and expert advice, and maintains creator control. Based in Wilmington, USA, it supports over 100 creators with tools to enhance content and monetization, focusing on flexible, transparent financial services without long contracts.
Who are the top competitors of Fundmates?
Fundmates's top competitors include Creator Cash, Bump by Ownors and Flowbo.
What products or services does Fundmates offer?
Fundmates offers Funding Service, Growth Tools, and Funding Calculator.
Who are Fundmates's investors?
Fundmates has 2 investors. Key investors include Alexey Dovzhikov, and Daniel Galper.