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- Froxt Corporation
Froxt Corporation Funding, Investors & Competitors
Froxt Corporation has raised $200M across 2 funding rounds, most recently a $150M Series A in March 2021.
Last Froxt Corporation funding round
$150M
Series A · Mar 2021
Cumulative funding Froxt Corporation raised
$200M
across 2 funding rounds
Key investors in Froxt Corporation
Froxt Corporation Overview
About Froxt Corporation
Froxt Corporation is a technology developer creating consumer hardware to enhance daily life globally. Based in Hong Kong, their products include smart home devices and wearables launched since 2018. The company distributes through Amazon and partners with electronics manufacturers in China for scalable production reaching millions of users worldwide.
Founded
2020
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Product sales
Froxt Corporation Funding History
Froxt Corporation has raised a total of $200M across 2 funding rounds.
Froxt Corporation's first fundraising round was a $50M seed round in April 2020. The most recent completed round was a $150M Series A in March 2021.
Froxt Corporation funding rounds
| Date | Stage | Investors | Raised |
|---|---|---|---|
| Mar 2021 | Series A | Froxt Corporation (lead) | $150M |
| Apr 2020 | Seed | Froxt Corporation (lead) | $50M |
Who has invested in Froxt Corporation?
1 investor has backed Froxt Corporation across its funding rounds, including Froxt Corporation.
Lead investors include Froxt Corporation.
Froxt Corporation Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 Froxt Corporation investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialInvestments by Froxt Corporation
Froxt Corporation has invested in 2 companies to date.
Latest investment by Froxt Corporation was on July 4th 2024. Froxt Corporation invested in Think Sparks in their $500K Series A round.
Latest Investments by Froxt Corporation
| Description | Think Sparks is a platform that delivers AI-powered tools for teams to construct custom workflows, monitor progress, and ensure task completion. The system integrates automation features tailored for diverse business operations, from project management to operational streamlining. Accessible via thinksparks.com, it targets organizations aiming to optimize collaborative processes through intelligent software. | - | Think Sparks is a platform that delivers AI-powered tools for teams to construct custom workflows, monitor progress, and ensure task completion. The system integrates automation features tailored for diverse business operations, from project management to operational streamlining. Accessible via thinksparks.com, it targets organizations aiming to optimize collaborative processes through intelligent software. | - |
| HQ Country | ||||
| HQ City | London | - | London | - |
| Deal Date | 4 Jul 2024 | 4 May 2024 | 6 Apr 2023 | 5 Apr 2022 |
| Round | Series A | Series A | Seed | Seed |
| Raised | $500K | $500K | $300K | $300K |
| Investors | - | - | - | - |
| Valuation | undisclosed | undisclosed | undisclosed | undisclosed |
| EV/Revenue | ||||
| EV/EBITDA | ||||
This data is available for Pro users. Sign up to see all Froxt Corporation investments and their VC round multiples. Start Free Trial | ||||
Froxt Corporation Competitors
Froxt Corporation competitors include listed companies like Apple, Samsung, Garmin and Huaqin Technology, and private ones like Perfumeo and DJI.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $450M | - | ||
| Publicly listed | $416B | $144B | $4.9T | 10.4x | ||
| Publicly listed | $243B | $67B | $1.2T | 2.4x | ||
| Publicly listed | $7.2B | $2.1B | $53B | 6.4x | ||
| Publicly listed | $26B | $887M | $17B | 0.6x | ||
| Private | $1B | - | $8B | 8.0x |
Froxt Corporation Public Comps
Froxt Corporation is still privately-owned, but its public comps include Apple, Samsung, Dell, Sony, Xiaomi, Panasonic, Nintendo, Lenovo, Garmin and Quanta Computer.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $416B | $144B | 11.9x | 10.4x | 34.2x | 29.4x | |||
| $243B | $67B | 4.4x | 2.4x | 15.8x | 4.4x | |||
| $114B | $12B | 3.5x | 2.4x | 34.3x | 20.1x | |||
| $80B | $17B | 1.8x | 1.7x | 8.5x | 8.9x | |||
| $68B | $8.4B | 1.1x | 1.1x | 8.7x | 13.8x | |||
| $52B | $1.5B | 1.3x | 1.4x | 45.5x | 13.0x | |||
| $15B | $3.5B | 3.3x | 3.3x | 14.0x | 18.1x | |||
| $83B | $4.7B | 0.7x | 0.6x | 12.0x | 10.7x | |||
This data is available for Pro users. Sign up to see all Froxt Corporation competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Froxt Corporation
| When was Froxt Corporation founded? | Froxt Corporation was founded in 2020. |
| Where is Froxt Corporation headquartered? | Froxt Corporation is headquartered in London, United Kingdom. |
| Is Froxt Corporation publicly listed? | No, Froxt Corporation is a private, VC-backed company. |
| How much funding has Froxt Corporation raised? | Froxt Corporation has raised $200M across 2 funding rounds. |
| What was Froxt Corporation's last funding round? | Froxt Corporation's last funding round was a $150M Series A in March 2021, led by Froxt Corporation. |
| Who are Froxt Corporation's investors? | Froxt Corporation's investors include Froxt Corporation. |
| Which companies are comparable to Froxt Corporation? | Companies comparable to Froxt Corporation include Perfumeo, Apple, Samsung, Garmin, Huaqin Technology and DJI. |
| How many companies has Froxt Corporation invested in? | Froxt Corporation has invested in 2 companies, including Think Sparks and FXT. |
| What was Froxt Corporation's last investment? | In July 2024, Froxt Corporation invested in Think Sparks' $500K Series A. |
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