Franc
OperatingFranc is a South African investment app that enables quick and easy adoption of savings and investment products by partner businesses.
- Financial Services
- Johannesburg, South Africa
- Seed
- Founded 2018
- franc.app ↗
- Total raised
- $812K
- disclosed
- Last round
- $512K
- Seed
- Rounds
- 3
- since 2018
- Investors
- 2
- on record
- Employees
- 11-50
Franc funding and investors
Franc has raised $812K across 3 disclosed rounds. The latest is a $512K Seed announced 08 Jun 2022, led by 4DX Ventures.
- Lead investors
- 2
- Largest round
- $512K
- Average round
- $406K
- disclosed rounds
- Round cadence
- 12 mo
- average gap
- $300KSeedSeed, $300K, $300K raised to date
- $512KSeedSeed, $512K, $812K raised to date
SLA Funding Index · grey is capital raised before each round · 1 undisclosed round not drawn
Franc funding rounds3 · newest first
- Seed$512K
08 Jun 2022 · led by 4DX Ventures
- SeedUndisclosed
07 Aug 2020
- Seed$300K
07 Jul 2020 · led by Fitech Ventures
| Announced | Round | Lead · other investors | Amount |
|---|---|---|---|
| 08 Jun 2022 | Seed | 4DX Ventures | $512K |
| 07 Aug 2020 | Seed | Investors not disclosed | Undisclosed |
| 07 Jul 2020 | Seed | Fitech Ventures | $300K |
Investors in Franc2 · leads first
| Investor | Role | Rounds | First |
|---|---|---|---|
| Fitech VenturesVenture Capital | Lead | Seed | Jul 2020 |
| 4DX VenturesVenture Capital | Lead | Seed | Jun 2022 |
Frequently asked about Franc
- How much funding has Franc raised?
- Franc has raised $812K across 3 disclosed rounds. Its latest, a $512K Seed, was announced on Jun 08, 2022.
- Who has invested in Franc?
- Backers include 4DX Ventures and Fitech Ventures.
Profile updated Source: SLA Startup IndexHow we count →
