Fundz

Frich raises $2.8 million in seed funding round led by Restive Ventures

RECENTLY ACQUIREDMay 30, 2024

Amount Raised

$2.8 Million

Round Type

Seed

New YorkFinancial ServicesFintechLending

Investors

Spartan InnovationsK20Tru StageRestive Ventures

Description

Frich, a social financial community for Gen Z, has raised $2.8 million in a seed funding round led by Restive Ventures, with participation from TruStage, K20, and Spartan Innovations. The funding will be used to further develop the app and expand its user base.

Quick answer

Frich raised $2.8 Million in a Seed round, dated May 30, 2024. Investors: Spartan Innovations, K20, Tru Stage and Restive Ventures. Frich is based in New York, New York, United States.

How much did Frich raise?
Frich raised $2.8 Million in a Seed round on May 30, 2024.
Who invested in Frich?
Spartan Innovations, K20, Tru Stage and Restive Ventures are named as investors in this round.
What does Frich do?
Frich is a social financial community for Gen Z, founded in 2021.
Where is Frich based and how big is it?
Frich is based in New York, New York, United States. Fundz records about 20 employees.
Who are the decision-makers at Frich?
Fundz holds 1 contact at Frich. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Fintech around the same time

Companies in the same sectors as Frich that raised within 45 days of this round, from Fundz verified event records.

  • Netevia raised $120M (Debt Financing) on July 8, 2024.
  • Lxme raised $1.2M (Seed) on June 25, 2024.
  • GBank Financial Holdings raised $3.3M on June 25, 2024.
  • Konsi raised $1M (Seed) on June 24, 2024.
  • Numerated raised an undisclosed amount (Corporate Round) on June 20, 2024.
  • Gynger raised $20M (Series A) on June 20, 2024.

Who to call at Frich, and when

A new round usually means Frich is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Frich

Location

New York, New York, United States

About

Frich is a social financial community for Gen Z, founded in 2021. The app aims to help users find financial clarity by allowing them to ask questions anonymously and providing insights into the financial behaviors of others in their age group.

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