Froda

We’re revolutionizing the banking experience for entrepreneurs by offering loans with market-leading terms, in no time.

Business Model: B2B

Revenue: $0

Employees: 51-200

Detailed Froda Information

Geographic Data

Froda headquarters map

Address: 2018 Froda en del av

City:

State:

Zip: None

Country: CA

Financial Info

Stage:

series a

Raised Last:

$8M

Raised Total:

$27M

Metrics

1,865,174Website Global Rank

9,727Website Monthly Traffic

Twitter Followers

Description

Froda was founded with a clear idea – to revolutionize the banking experience for businesses by making it convenient and affordable to invest in their ideas. Today, we’re one of Sweden’s fastest growing fintech-companies, and have helped over 50 000 businesses to grow. For far too long, millions of small businesses have been left behind when they wanted to think bigger. Heavy administration, long waiting times, and incorrect assessments by the banks have made it unnecessarily difficult to access capital to grow. The alternative has been less serious players with sky-high interest rates. That didn’t seem right to us, and that’s why we started Froda. By digitizing the banking experience we save time, money, and energy for entrepreneurs who are in need of financing – to the lowest price on the market. We want to give smaller companies as great opportunities to grow as larger ones. With that in mind, we have developed our service so you as an entrepreneur and small business owner can quickly invest in your company, with the best possible terms tailored to your needs. Our goal and ambition are for you to always find the best financing solution for your company.

Contact Phone:

Contact Email:

Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
4/2016 Seed Round $1.5M
4/2020 Venture Round 1 - CNI
CNI
4/2020 Series A 1 $4M CNI
CNI
1/2019 Series A 1 $3M Philian Invest
Philian Invest
7/2021 Series A $8M
1/2017 Series A $2M
8/2022 Series A $8M
Announced Date Name Price

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