About Manara
Manara is a company based in San Francisco (United States) founded in 2020 by Iliana Montauk.. Manara has raised $3.13 million across 2 funding rounds from investors including Stripe, Reid Hoffman and Paul Graham. Manara operates in a competitive market with competitors including ASGN, Motion Recruitment, Ascendum, PeopleReign and Triple Crown, among others.
- Headquarter San Francisco, United States
- Founders Iliana Montauk
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Sectors
Business Services
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Phone
*********
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Website
*********
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Social
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Annual Revenue
$17.17 K (USD)-2as on Dec 31, 2023
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Net Profit
$-2.14 K (USD)-341as on Dec 31, 2023
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EBITDA
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Total Equity Funding
$3.13 M (USD)
in 2 rounds
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Latest Funding Round
$3 M (USD), Seed
May 09, 2022
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Investors
Stripe
& 5 more
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Employee Count
Employee Count
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Funding Insights of Manara
Manara has successfully raised a total of $3.13M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3 million completed in May 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 2
- Last Round Seed — $3.0M
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First Round
First Round
(01 Jun 2021)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Seed - Manara | Valuation | Stripe | |
| Jun, 2021 | Amount | Seed - Manara | 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 Manara
Manara has secured backing from 6 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Stripe, Reid Hoffman and Paul Graham. 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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Payment processing and card issuance solutions are provided for businesses.
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Founded Year | Domain | Location | |
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RH
Reid Hoffman |
Co-founder of LinkedIn, venture capitalist, and influential angel investor.
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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 Manara
| 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 - Manara
| 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 |
Manara Comparisons
Competitors of Manara
Manara 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 ASGN, Motion Recruitment, Ascendum, PeopleReign and Triple Crown, 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 |
IT staffing and digital marketing services are provided to clients.
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| domain | founded_year | HQ Location |
IT staffing services are provided for technology professionals nationwide.
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| domain | founded_year | HQ Location |
IT and HR services are delivered across key industries.
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| domain | founded_year | HQ Location |
HR recruitment services are provided to support talent acquisition needs.
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| domain | founded_year | HQ Location |
Provider of IT recruitment services
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| domain | founded_year | HQ Location |
Provider of IT staffing services
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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 Manara
When was Manara founded?
Manara was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Manara located?
Manara is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Manara?
Iliana Montauk is the current CEO of Manara. They have also founded this company.
Is Manara a funded company?
Manara is a funded company, having raised a total of $3.13M across 2 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Jun 01, 2021.
What is the annual revenue of Manara?
Annual revenue of Manara is $17.17K as on Dec 31, 2023.
What does Manara do?
Manara was founded in 2020 in San Francisco, United States, as a provider of IT recruitment services. Computer scientists are sourced globally and trained to succeed in technical interviews. Direct hiring by companies is facilitated for onsite or remote positions, enabling team diversification and faster scaling within the technology sector. Operations focus on bridging talent gaps in IT roles.
Who are the top competitors of Manara?
Manara's top competitors include ASGN, Motion Recruitment and PeopleReign.
Who are Manara's investors?
Manara has 6 investors. Key investors include Stripe, Reid Hoffman, Paul Graham, Eric Ries, and Mudassir Sheikha.