About Fyrtel
Fyrtel is a company based in Poznan (Poland) founded in 2020.. Fyrtel has raised $895.9 thousand across 1 funding round from investors including CofounderZone and Movens Capital. Fyrtel operates in a competitive market with competitors including Amazon, Allegro, Groupon, Media Expert and Topmall, among others.
- Headquarter Poznan, Poland
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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
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$895.9 K (USD)
in 1 rounds
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Latest Funding Round
$895.9 K (USD), Seed
Jun 22, 2022
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Investors
CofounderZone
& 1 more
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Employee Count
Employee Count
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Funding Insights of Fyrtel
Fyrtel has successfully raised a total of $895.9K through 1 strategic funding round. The most recent funding activity was a Seed round of $895.9 thousand completed in June 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 1
- Last Round Seed — $895,900
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First Round
First Round
(22 Jun 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Seed - Fyrtel | Valuation | Movens 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 Fyrtel
Fyrtel has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include CofounderZone and Movens Capital. 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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Angel investments in Europe are facilitated by CofounderZone.
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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 Fyrtel
| 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 - Fyrtel
| 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 |
Fyrtel Comparisons
Competitors of Fyrtel
Fyrtel 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 Amazon, Allegro, Groupon, Media Expert and Topmall, 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 |
Multi-category products are offered through an online marketplace.
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| domain | founded_year | HQ Location |
Multi-category consumer products are sold via an online marketplace platform.
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| domain | founded_year | HQ Location |
Online marketplace offering deals on multi-category products and services
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| domain | founded_year | HQ Location |
Operates an online retail platform with products from various categories.
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| domain | founded_year | HQ Location |
Online retail platform offering multi-category products
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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 Fyrtel
Frequently Asked Questions about Fyrtel
When was Fyrtel founded?
Fyrtel was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Fyrtel located?
Fyrtel is headquartered in Poznan, Poland. It is registered at Poznan, Greater Poland Voivodeship, Poland.
Is Fyrtel a funded company?
Fyrtel is a funded company, having raised a total of $895.9K across 1 funding round to date. The company's 1st funding round was a Seed of $895.9K, raised on Jun 22, 2022.
What does Fyrtel do?
Online marketplace offering multi-category products from local stores. The product catalog includes toothbrushes, groceries, apparel, accessories, candles, dairy products, beverages, ice creams, toys, cakes, etc.
Who are the top competitors of Fyrtel?
Who are Fyrtel's investors?
Fyrtel has 2 investors. Key investors include CofounderZone, and Movens Capital.
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