About Hostfi
Hostfi is a company based in New York (United States) founded in 2022 by Shaan Franchi and Aviraj Singh.. Hostfi has raised $125 thousand across 1 funding round from investors including Y Combinator. Hostfi offers products and services including Expense Management, Bill Pay, and Operating & Trust Accounts. Hostfi operates in a competitive market with competitors including Brightwell, Parker, ECARD, REI Co-op World Elite Mastercard and Secure Currency Solution, among others.
- Headquarter New York, United States
- Founders Shaan Franchi, Aviraj Singh
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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
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- Legal Name Hostfi 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
$125 K (USD)
in 1 rounds
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Latest Funding Round
$125 K (USD), Seed
Jun 01, 2022
- Investors
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Employee Count
Employee Count
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Products & Services of Hostfi
Hostfi offers a comprehensive portfolio of products and services, including Expense Management, Bill Pay, and Operating & Trust Accounts. 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.
System for capturing receipts and tagging expenses by property.
Service for sending ACH, wires, and checks with AI workflows.
Platform for secure, FDIC-eligible accounts with user permissions.
Funding Insights of Hostfi
Hostfi has successfully raised a total of $125K through 1 strategic funding round. The most recent funding activity was a Seed round of $125 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 — $125,000
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First Round
First Round
(01 Jun 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Seed - Hostfi | Valuation | Y Combinator |
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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 Hostfi
Hostfi has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator. 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 |
| 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 Hostfi
| 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 - Hostfi
| 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 |
Hostfi Comparisons
Competitors of Hostfi
Hostfi 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 Brightwell, Parker, ECARD, REI Co-op World Elite Mastercard and Secure Currency Solution, 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 |
Prepaid card programs are offered for ships and crew members.
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| domain | founded_year | HQ Location |
Business expense card solutions are provided for e-commerce firms.
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| domain | founded_year | HQ Location |
Rechargeable travel cards are offered for purchases and cash withdrawals.
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| domain | founded_year | HQ Location |
Provides outdoor equipment sales, classes, and membership rewards programs.
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| domain | founded_year | HQ Location |
Provides foreign exchange, international payments, and prepaid cards to individuals and businesses.
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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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Frequently Asked Questions about Hostfi
When was Hostfi founded?
Hostfi was founded in 2022.
Where is Hostfi located?
Hostfi is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Hostfi?
Shaan Franchi is the current CEO of Hostfi. They have also founded this company.
Is Hostfi a funded company?
Hostfi is a funded company, having raised a total of $125K across 1 funding round to date. The company's 1st funding round was a Seed of $125K, raised on Jun 01, 2022.
What does Hostfi do?
Hostfi was founded in 2022 in New York, United States, focusing on fintech services for the vacation rental sector. Debit cards are provided to streamline expense management, automate tax deductions, deliver cashback rewards, and generate spending insights. Transactions are automatically linked to properties and categorized for tax deductibility, with estimated savings displayed. Operations target property owners seeking efficient financial tools.
Who are the top competitors of Hostfi?
Hostfi's top competitors include Brightwell, Parker and ECARD.
What products or services does Hostfi offer?
Hostfi offers Expense Management, Bill Pay, and Operating & Trust Accounts.
Who are Hostfi's investors?
Hostfi has 1 investor. Key investors include Y Combinator.