Yolorekt

Santa Monica, United States Founded: 2021 • Age: 5 yrs
A decentralized platform for bidding on future crypto prices.
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About Yolorekt

Yolorekt is a company based in Santa Monica (United States) founded in 2021 by Garen Vartanian, Yogesh Srihari, William Bentley De Vogelaere, and Daya Baran. It operates as a B2C. Yolorekt has raised $1.75 million across 1 funding round from investors including Pantera Capital. Yolorekt operates in a competitive market with competitors including Gnosis, Stonks, PlotX, Newwit and Alluva, among others.

  • Headquarter Santa Monica, United States
  • Founders Garen Vartanian, Yogesh Srihari, William Bentley De Vogelaere, Daya Baran
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Blockchain, Web3 & Digital Assets
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.75 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.75 M (USD), Seed

    Feb 01, 2021

  • Investors
  • Employee Count
    Employee Count
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Funding Insights of Yolorekt

Yolorekt has successfully raised a total of $1.75M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.75 million completed in February 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 Rounds 1
  • Last Round Seed — $1.8M
  • First Round

    (01 Feb 2021)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2021 Amount Seed - Yolorekt Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Yolorekt

Yolorekt has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Pantera Capital. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Blockchain-focused investment funds and venture capital are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Yolorekt

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Yolorekt

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Yolorekt Comparisons

Employees
+
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Competitors of Yolorekt

Yolorekt 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 Gnosis, Stonks, PlotX, Newwit and Alluva, 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
Multiple cryptocurrency financial services are provided via decentralized platforms.
domain founded_year HQ Location
Platform offering prediction game for users to earn crypto coins
domain founded_year HQ Location
Crypto market predictions and rewards are enabled for traders.
domain founded_year HQ Location
Social-Fi app that combines AI and blockchain technology for decision-making and future predictions
domain founded_year HQ Location
Crypto assets are rated via blockchain-based prediction platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Yolorekt

Frequently Asked Questions about Yolorekt

When was Yolorekt founded?

Yolorekt was founded in 2021.

Where is Yolorekt located?

Yolorekt is headquartered in Santa Monica, United States. It is registered at Santa Monica, California, United States.

Who is the current CEO of Yolorekt?

Yogesh Srihari is the current CEO of Yolorekt. They have also founded this company.

Is Yolorekt a funded company?

Yolorekt is a funded company, having raised a total of $1.75M across 1 funding round to date. The company's 1st funding round was a Seed of $1.75M, raised on Feb 01, 2021.

What does Yolorekt do?

Yolorekt, founded in 2021 in Santa Monica, United States, focuses on finance, dealing with cryptocurrency, trading platforms, and decentralized bidding. A decentralized platform for bidding on future crypto prices. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.

Who are the top competitors of Yolorekt?

Yolorekt's top competitors include Gnosis, Stonks and PlotX.

Who are Yolorekt's investors?

Yolorekt has 1 investor. Key investors include Pantera Capital.

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