About Interlace
Interlace is a company based in Brooklyn (United States) founded in 2019 by Paari Kandappan and Lisa Luo.. Interlace has raised $4.23 million across 1 funding round. Interlace operates in a competitive market with competitors including FlirtSoon, among others.
- Headquarter Brooklyn, United States
- Founders Paari Kandappan, Lisa Luo
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Sectors
Consumer
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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
$4.23 M (USD)
in 1 rounds
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Latest Funding Round
$4.23 M (USD), Series A
Aug 07, 2020
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Investors
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Employee Count
Employee Count
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Funding Insights of Interlace
Interlace has successfully raised a total of $4.23M through 1 strategic funding round. The most recent funding activity was a Series A round of $4.23 million completed in August 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 1
- Last Round Series A — $4.2M
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First Round
First Round
(07 Aug 2020)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2020 | Amount | Series A - Interlace | Valuation |
investors |
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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 |
Investments & Acquisitions by Interlace
| 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 - Interlace
| 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 |
Interlace Comparisons
Competitors of Interlace
Interlace 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 FlirtSoon, 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 |
Delivers a user-friendly app for flirting and dating connections.
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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 Interlace
When was Interlace founded?
Interlace was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Interlace located?
Interlace is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
Who is the current CEO of Interlace?
Paari Kandappan is the current CEO of Interlace. They have also founded this company.
Is Interlace a funded company?
Interlace is a funded company, having raised a total of $4.23M across 1 funding round to date. The company's 1st funding round was a Series A of $4.23M, raised on Aug 07, 2020.
What does Interlace do?
Interlace was founded in 2019 in Brooklyn, United States, as a developer of an online dating platform. The platform is operated to facilitate user meetings and video watching, with matches determined by individual choices and interests. Services are provided through the domain interlaceapp.com, focusing on the social networking sector for personal connections. Leadership includes co-founders Paari Kandappan as CEO and Lisa Luo as CTO.
Who are the top competitors of Interlace?
Interlace's top competitors include FlirtSoon.