About GlobalFair
GlobalFair is a company based in San Mateo (United States) founded in 2020 by Shaily Garg and Ashish Chandra.. GlobalFair has raised $22 million across 4 funding rounds from investors including Angel List, Lightspeed India and India Quotient. The company has 28 employees as of April 08, 2024. GlobalFair offers products and services including Quartz, Natural Stones, Cabinets, Vinyl Flooring, and Porcelain and Ceramic Tiles. GlobalFair operates in a competitive market with competitors including Infra.Market, ArisInfra, Material Depot, YouKraft and IBO, among others.
- Headquarter San Mateo, United States
- Employees 28 as on 08 Apr, 2024
- Founders Shaily Garg, Ashish Chandra
- Stage Minicorn
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Sectors
Real Estate & ConstructionRetail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Globalfair Technologies Private Limited
- Date of Incorporation 19 Aug, 2020
- Jurisdiction Sector -45, Haryana, India
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Annual Revenue
$75.87 K (USD)-96.61as on Mar 31, 2023
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Net Profit
$-242.68 K (USD)47.63as on Mar 31, 2023
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EBITDA
$-239.42 K (USD)47.16as on Mar 31, 2023
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Total Equity Funding
$22 M (USD)
in 4 rounds
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Latest Funding Round
$20 M (USD), Series A
Oct 20, 2022
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Investors
Angel List
& 12 more
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Employee Count
28
as on Apr 08, 2024
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Products & Services of GlobalFair
GlobalFair offers a comprehensive portfolio of products and services, including Quartz, Natural Stones, Cabinets, Vinyl Flooring, and Porcelain and Ceramic Tiles. 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.
Premium quartz for construction and interior applications.
Exotic stones for high-quality architectural projects.
Custom cabinets for residential and commercial installations.
Durable vinyl options for flooring in construction sites.
Tiles for walls and floors in various construction projects.
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Funding Insights of GlobalFair
GlobalFair has successfully raised a total of $22M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $20 million completed in October 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 4
- Last Round Series A — $20.0M
- First Round First Round
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Debt – Conventional - GlobalFair | Valuation |
investors |
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| Oct, 2022 | Amount | Series A - GlobalFair | Valuation | Lightspeed India | |
| Jan, 2021 | Amount | Seed - GlobalFair | Valuation | India Quotient , Saama 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 GlobalFair
GlobalFair has secured backing from 13 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Angel List, Lightspeed India and India Quotient. 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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Investments are made in early-stage technology and consumer-led companies.
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Founded Year | Domain | Location | |
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Investment in Indian startups across technology and fintech sectors.
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Founded Year | Domain | Location | |
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Venture capital investments and partnerships in diverse sectors.
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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 GlobalFair
| 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 - GlobalFair
| 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 |
Globalfair Comparisons
Competitors of GlobalFair
GlobalFair 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 Infra.Market, ArisInfra, Material Depot, YouKraft and IBO, 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 |
Digital procurement and supply solutions for construction materials are facilitated.
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| domain | founded_year | HQ Location |
Online platform for construction materials procurement and supply is provided.
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| domain | founded_year | HQ Location |
An online platform is provided for sourcing building materials.
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| domain | founded_year | HQ Location |
Home improvement products are offered via an online marketplace.
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| domain | founded_year | HQ Location |
IBO is recognized as India's largest omnichannel retailer for home building and improvement products.
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| domain | founded_year | HQ Location |
Online procurement and credit for construction materials are facilitated.
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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 Globalfair
Frequently Asked Questions about GlobalFair
When was GlobalFair founded?
GlobalFair was founded in 2020.
Where is GlobalFair located?
GlobalFair is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.
Who is the current CEO of GlobalFair?
Shaily Garg is the current CEO of GlobalFair. They have also founded this company.
Is GlobalFair a funded company?
GlobalFair is a funded company, having raised a total of $22M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Nov 16, 2020.
How many employees does GlobalFair have?
As of Apr 08, 2024, the latest employee count at GlobalFair is 28.
What is the annual revenue of GlobalFair?
Annual revenue of GlobalFair is $75.87K as on Mar 31, 2023.
What does GlobalFair do?
GlobalFair was founded in 2020 and is headquartered in San Mateo, United States. The company operates as a B2B procurement platform focused on building materials, where products such as countertops, quartz countertops, cabinets, natural stones, tiles, vinyl flooring, and pre-fabricated countertops are offered to buyers. Real-time updates are provided, and consistency is maintained across all buyer touchpoints in the construction sector.
Who are the top competitors of GlobalFair?
GlobalFair's top competitors include Infra.Market, ArisInfra and Headsup B2B.
What products or services does GlobalFair offer?
GlobalFair offers Quartz, Natural Stones, Cabinets, Vinyl Flooring, and Porcelain and Ceramic Tiles.
Who are GlobalFair's investors?
GlobalFair has 13 investors. Key investors include Angel List, Lightspeed India, India Quotient, Saama Capital, and QED Innovation.
What is GlobalFair's valuation?
The valuation of GlobalFair is $3.83M as of Jan 2021.