About Shortbread
Shortbread is a company based in Quincy (United States) founded in 2023 by Fengjiao Peng and Evan Hu.. Shortbread has raised $500 thousand across 1 funding round from investors including Y Combinator. Shortbread operates in a competitive market with competitors including Nola, Fortelling, Novelist, BriBooks and JotterPad, among others.
- Headquarter Quincy, United States
- Founders Fengjiao Peng, Evan Hu
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Sectors
TechnologyMedia & Entertainment
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Phone
*********
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Website
*********
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Social
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- Legal Name Kurukuru 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
$500 K (USD)
in 1 rounds
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Latest Funding Round
$500 K (USD), Seed
Jun 01, 2023
- Investors
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Employee Count
Employee Count
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Funding Insights of Shortbread
Shortbread has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Seed round of $500 thousand completed in June 2023. 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 — $500,000
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First Round
First Round
(01 Jun 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Seed - Shortbread | 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 Shortbread
Shortbread 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 Shortbread
| 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 - Shortbread
| 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 |
Shortbread Comparisons
Competitors of Shortbread
Shortbread 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 Nola, Fortelling, Novelist, BriBooks and JotterPad, 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 |
A software tool for writers is offered by Nola.
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| domain | founded_year | HQ Location |
Offers tools for story plotting, editing, and real-time collaboration on mobile and web.
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| domain | founded_year | HQ Location |
Mobile app for planning, writing, and managing novel stories efficiently.
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| domain | founded_year | HQ Location |
AI-powered platform enables kids' creative book writing and reading.
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| domain | founded_year | HQ Location |
An app-based platform for book writing and authoring tools.
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| domain | founded_year | HQ Location |
Visual tool for book outlining and organization by writers.
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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 Shortbread
When was Shortbread founded?
Shortbread was founded in 2023.
Where is Shortbread located?
Shortbread is headquartered in Quincy, United States.
Who is the current CEO of Shortbread?
Fengjiao Peng is the current CEO of Shortbread. They have also founded this company.
Is Shortbread a funded company?
Shortbread is a funded company, having raised a total of $500K across 1 funding round to date. The company's 1st funding round was a Seed of $500K, raised on Jun 01, 2023.
What does Shortbread do?
Shortbread was founded in 2023 and is located in Quincy, United States. An AI-driven platform is operated to convert user story ideas into complete comics. Capabilities encompass character design, staging and posing of elements, environment generation, application of genre-specific styles, and image production. The company functions within the AI and digital content creation sector, serving users interested in comic production.
Who are the top competitors of Shortbread?
Who are Shortbread's investors?
Shortbread has 1 investor. Key investors include Y Combinator.
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