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

United KingdomLondon

Website

froxt.com

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

Froxt Corporation funding rounds
DateStageInvestorsRaised
Mar 2021Series AFroxt Corporation (lead)$150M
Apr 2020SeedFroxt 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

Investors in Froxt Corporation by funding rounds participated
InvestorHQRoundsRoleFirst check

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Investments 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

Think Sparks
FXT
Think Sparks
FXT
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.
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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 CountryUnited KingdomUnited KingdomUnited KingdomUnited Kingdom
HQ City
London
-
London
-
Deal Date4 Jul 20244 May 20246 Apr 20235 Apr 2022
RoundSeries ASeries ASeedSeed
Raised$500K$500K$300K$300K
Investors----
Valuationundisclosedundisclosedundisclosedundisclosed
EV/Revenue
EV/EBITDA

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Froxt Corporation Competitors

Froxt Corporation competitors include listed companies like Apple, Samsung, Garmin and Huaqin Technology, and private ones like Perfumeo and DJI.

Public and private companies comparable to Froxt Corporation
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
PerfumeoUnited StatesSan Jose, CAPrivate--$450M-
AppleUnited StatesUnited StatesPublicly listed$416B$144B$4.9T10.4x
SamsungSouth KoreaSouth KoreaPublicly listed$243B$67B$1.2T2.4x
GarminUnited StatesUnited StatesPublicly listed$7.2B$2.1B$53B6.4x
Huaqin TechnologyChinaChinaPublicly listed$26B$887M$17B0.6x
DJIChinaShenzhenPrivate$1B-$8B8.0x

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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Apple$416B$144B11.9x10.4x34.2x29.4x
Samsung$243B$67B4.4x2.4x15.8x4.4x
Dell$114B$12B3.5x2.4x34.3x20.1x
Sony$80B$17B1.8x1.7x8.5x8.9x
Xiaomi$68B$8.4B1.1x1.1x8.7x13.8x
Panasonic$52B$1.5B1.3x1.4x45.5x13.0x
Nintendo$15B$3.5B3.3x3.3x14.0x18.1x
Lenovo$83B$4.7B0.7x0.6x12.0x10.7x

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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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