About Withfriends
Withfriends is a company based in New York (United States) founded in 2017.. Withfriends has raised $150 thousand across 1 funding round from investors including Y Combinator. The company has 4 employees as of December 31, 2018. Withfriends offers products and services including Memberships Platform. Withfriends operates in a competitive market with competitors including venuedirectory.com, Live Viewing Japan, Event, Event Banana and RestauRent, among others.
- Headquarter New York, United States
- Employees 4 as on 31 Dec, 2018
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Better Network, Inc.
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Annual Revenue
$26.02 K314as on Dec 31, 2018
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Net Profit
$-162.32 K-1030as on Dec 31, 2018
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EBITDA
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Total Equity Funding
$150 K (USD)
in 1 rounds
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Latest Funding Round
$150 K (USD), Seed
Feb 26, 2019
- Investors
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Employee Count
4
as on Dec 31, 2018
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Products & Services of Withfriends
Withfriends offers a comprehensive portfolio of products and services, including Memberships Platform. 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.
Platform for bookstores to handle memberships and user interactions
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Funding Insights of Withfriends
Withfriends has successfully raised a total of $150K through 1 strategic funding round. The most recent funding activity was a Seed round of $150 thousand completed in February 2019. 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 — $150,000
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First Round
First Round
(26 Feb 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2019 | Amount | Seed - Withfriends | 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 Withfriends
Withfriends 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 Withfriends
| 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 - Withfriends
| 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 |
Withfriends Comparisons
Competitors of Withfriends
Withfriends 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 venuedirectory.com, Live Viewing Japan, Event, Event Banana and RestauRent, 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 |
Platform offering venue discovery solutions
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| domain | founded_year | HQ Location |
Serves as a platform for listing and discovering events on the website.
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| domain | founded_year | HQ Location |
Event venues and locations are listed via an online platform.
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| domain | founded_year | HQ Location |
A platform for booking event venues in Thailand is provided.
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| domain | founded_year | HQ Location |
Platform that helps users to discover and book venues
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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 Withfriends
When was Withfriends founded?
Withfriends was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Withfriends located?
Withfriends is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Withfriends a funded company?
Withfriends is a funded company, having raised a total of $150K across 1 funding round to date. The company's 1st funding round was a Seed of $150K, raised on Feb 26, 2019.
How many employees does Withfriends have?
As of Dec 31, 2018, the latest employee count at Withfriends is 4.
What is the annual revenue of Withfriends?
Annual revenue of Withfriends is $26.02K as on Dec 31, 2018.
What does Withfriends do?
Withfriends was founded in 2017 in New York, United States, as a platform in the event management sector. Event spaces are listed for organizers to book, and events such as dance, comedy, and club gatherings are created and promoted. Tickets are sold directly through the system, with venue listing solutions provided to facilitate operations across the United States.
Who are the top competitors of Withfriends?
Withfriends's top competitors include EventConnect, Event Banana and Event.
What products or services does Withfriends offer?
Withfriends offers Memberships Platform.
Who are Withfriends's investors?
Withfriends has 1 investor. Key investors include Y Combinator.