About Storfund
Storfund is a company based in London (United Kingdom) founded in 2018 by Akbar Ahsan and George Brintalos.. Storfund has raised $413.24 million across 2 funding rounds from investors including Fasanara. Storfund offers products and services including Daily Advance. Storfund operates in a competitive market with competitors including Sonovate, Tradeshift, Optimum Finance, Finverity and Shengye Capital, among others.
- Headquarter London, United Kingdom
- Founders Akbar Ahsan, George Brintalos
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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 Stor Holdings Limited
- Date of Incorporation 07 Mar, 2018
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$413.24 M (USD)
in 2 rounds
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Latest Funding Round
$413.24 M (USD), Series D
Oct 27, 2021
- Investors
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Employee Count
Employee Count
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Products & Services of Storfund
Storfund offers a comprehensive portfolio of products and services, including Daily Advance. 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.
Provides immediate payouts to ecommerce sellers for faster restocking and growth.
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Funding Insights of Storfund
Storfund has successfully raised a total of $413.24M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $413.24 million completed in October 2021. 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 Series D — $413.2M
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First Round
First Round
(29 Jan 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Series D - Storfund | Valuation | Fasanara |
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| Jan, 2021 | Amount | Debt – Conventional - Storfund | 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 |
Investors in Storfund
Storfund has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Fasanara. 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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An investment management firm specializing in diversified funds and portfolios.
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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 Storfund
| 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 - Storfund
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Storfund Comparisons
Competitors of Storfund
Storfund 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 Sonovate, Tradeshift, Optimum Finance, Finverity and Shengye Capital, 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 |
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| domain | founded_year | HQ Location |
Online platform for invoice financing
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| domain | founded_year | HQ Location |
Cloud-based source-to-pay management solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Working capital loans are extended to small and medium-sized enterprises.
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| domain | founded_year | HQ Location |
P2P marketplace for supply chain financing
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| domain | founded_year | HQ Location |
Supply chain financing is facilitated through an online marketplace platform.
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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 Storfund
Frequently Asked Questions about Storfund
When was Storfund founded?
Storfund was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is Storfund located?
Storfund is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Storfund?
George Brintalos is the current CEO of Storfund. They have also founded this company.
Is Storfund a funded company?
Storfund is a funded company, having raised a total of $413.24M across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $36.33M, raised on Jan 29, 2021.
What does Storfund do?
Storfund was established in 2018 as a currency exchange firm based in London, United Kingdom. Operations are centered on foreign exchange transactions for clients in the financial sector. Services include currency conversion and related advisory support, managed by co-founder and COO Akbar Ahsan alongside founder and CEO George Brintalos. The company maintains a focus on efficient cross-border payments within the European market.
Who are the top competitors of Storfund?
Storfund's top competitors include Sonovate, Tradeshift and Optimum Finance.
What products or services does Storfund offer?
Storfund offers Daily Advance.
Who are Storfund's investors?
Storfund has 1 investor. Key investors include Fasanara.
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