About Spinframe
Spinframe is a company based in Ramat Yishai (Israel) founded in 2012.. Spinframe has raised $8 million across 1 funding round from investors including ZIM, Singularity Capital and Sarona Ventures. Spinframe offers products and services including rs pro, rs ports, rs scan, and rs quad. Spinframe operates in a competitive market with competitors including Spyne, ZeroLight, HomeNet Automotive, LotMonkey and IPacket, among others.
- Headquarter Ramat Yishai, Israel
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Sectors
Transportation, Automotive & Logistics
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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
$8 M (USD)
in 1 rounds
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Latest Funding Round
$8 M (USD), Series A
May 17, 2023
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Investors
ZIM
& 2 more
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Employee Count
Employee Count
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Products & Services of Spinframe
Spinframe offers a comprehensive portfolio of products and services, including rs pro, rs ports, rs scan, and rs quad. 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.
AI tool for detecting vehicle damage and marketing capabilities.
Container-based system for damage inspections in port environments.
On-the-move plug-and-play damage detection for gateways.
Static system for damage detection at various gateways.
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Leadership Team
2 people
Human Resources and Administration
1 people
System Team
1 people
Full Team
1 people
R Team
1 people
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Funding Insights of Spinframe
Spinframe has successfully raised a total of $8M through 1 strategic funding round. The most recent funding activity was a Series A round of $8 million completed in May 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 Series A — $8.0M
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First Round
First Round
(17 May 2023)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Series A - Spinframe | Valuation | ZIM |
| 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 Spinframe
Spinframe has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include ZIM, Singularity Capital and Sarona Ventures. 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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Investing in early-stage innovations and providing venture capital access through a diversified approach.
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Founded Year | Domain | Location | |
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Investments are made in high-growth early-stage B2B companies.
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Founded Year | Domain | Location | |
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Maritime shipping services for containerized cargo are provided globally.
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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 Spinframe
| 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 - Spinframe
| 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 |
Spinframe Comparisons
Competitors of Spinframe
Spinframe 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 Spyne, ZeroLight, HomeNet Automotive, LotMonkey and IPacket, 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 |
AI-powered imaging for vehicle photography is provided by the platform.
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| domain | founded_year | HQ Location |
VR-based 3D visualization solutions for automotive are delivered.
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| domain | founded_year | HQ Location |
Inventory management solutions are offered to automotive dealers.
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| domain | founded_year | HQ Location |
Merchandising solution for auto-dealers
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| domain | founded_year | HQ Location |
Digital platform for automotive dealers to automate sales processes.
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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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Latest news on Spinframe
Frequently Asked Questions about Spinframe
When was Spinframe founded?
Spinframe was founded in 2012 and raised its 1st funding round 11 years after it was founded.
Where is Spinframe located?
Spinframe is headquartered in Ramat Yishai, Israel. It is registered at Ramat Yishai, Northern District, Israel.
Is Spinframe a funded company?
Spinframe is a funded company, having raised a total of $8M across 1 funding round to date. The company's 1st funding round was a Series A of $8M, raised on May 17, 2023.
What does Spinframe do?
Spinframe was founded in 2012 in Ramat Yishai, Israel, and operates within the automotive retail technology sector. Cloud-based video cataloging and 360-degree vehicle photography are provided, along with visualization tools and additional content and marketing solutions. Key offerings include Spinframe PRIME, Spinframe PRO, Spinframe GO, and Digital Showroom, supporting used car retailers in digital asset management.
Who are the top competitors of Spinframe?
Spinframe's top competitors include Spyne, ZeroLight and HomeNet Automotive.
What products or services does Spinframe offer?
Spinframe offers rs pro, rs ports, rs scan, and rs quad.
Who are Spinframe's investors?
Spinframe has 3 investors. Key investors include ZIM, Singularity Capital, and Sarona Ventures.
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