About Grain
Grain is a company based in Oakland (United States) founded in 2017 by Christian-Robert Joseph, Patrick De Suza, and Carl-Alain Memnon. It operates as a SaaS (Software-as-a-Service). Grain has raised $1.03 million across 2 funding rounds from investors including Y Combinator and Leonis Investment. The company has 36 employees as of December 31, 2022. Grain offers products and services including Velex and Atlas. Grain operates in a competitive market with competitors including Upstart, Laurel Road, Tala, JIMU Group and Crest Financial, among others.
- Headquarter Oakland, United States
- Employees 36 as on 31 Dec, 2022
- Founders Christian-Robert Joseph, Patrick De Suza, Carl-Alain Memnon
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Grain Technology, 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
$1.03 M (USD)
in 2 rounds
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Latest Funding Round
$900 K (USD), Seed
Jun 01, 2020
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Investors
Y Combinator
& 1 more
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Employee Count
36
as on Dec 31, 2022
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Products & Services of Grain
Grain offers a comprehensive portfolio of products and services, including Velex and Atlas. 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.
Automated cash-flow scoring solution for better borrower qualification.
All-in-one portfolio management for various credit types.
Funding Insights of Grain
Grain has successfully raised a total of $1.03M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $900 thousand completed in June 2020. 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 Seed — $900,000
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First Round
First Round
(01 Jun 2020)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2020 | Amount | Seed - Grain | Valuation | Y Combinator |
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| Jun, 2020 | Amount | Seed - Grain | Valuation | Leonis Investment |
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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 Grain
Grain has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Y Combinator and Leonis Investment. 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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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Early-stage venture capital fund backed by Gabriel Jarrosson
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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 Grain
| 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 - Grain
| 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 |
Grain Comparisons
Competitors of Grain
Grain 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 Upstart, Laurel Road, Tala, JIMU Group and Crest Financial, 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 |
Diversified loans are provided via an AI-enabled online marketplace.
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| domain | founded_year | HQ Location |
Student loan refinancing, mortgages, and personal loans are offered online.
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| domain | founded_year | HQ Location |
Fintech services for credit, savings, and payments are delivered globally.
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| domain | founded_year | HQ Location |
Online lending marketplace for loans
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| domain | founded_year | HQ Location |
Hosts a digital marketplace for consumer and business loans.
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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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Frequently Asked Questions about Grain
When was Grain founded?
Grain was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is Grain located?
Grain is headquartered in Oakland, United States. It is registered at Oakland, California, United States.
Who is the current CEO of Grain?
Christian-Robert Joseph is the current CEO of Grain. They have also founded this company.
Is Grain a funded company?
Grain is a funded company, having raised a total of $1.03M across 2 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Jun 01, 2020.
How many employees does Grain have?
As of Dec 31, 2022, the latest employee count at Grain is 36.
What does Grain do?
Financial technologies are built by Grain to enhance access, process efficiency, and portfolio management for businesses. Solutions are focused on the financial sector, particularly in consumer and business credit management. Key products, Velex and Atlas, are designed to provide automated cash-flow scoring and comprehensive portfolio management, respectively. The transition to these products in 2023 is based on prior experience in consumer finance and partnerships with financial institutions.
Who are the top competitors of Grain?
Grain's top competitors include Upstart, Laurel Road and Tala.
What products or services does Grain offer?
Grain offers Velex and Atlas.
Who are Grain's investors?
Grain has 2 investors. Key investors include Y Combinator, and Leonis Investment.
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