Fakespot Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 14

Employees

  • Latest Deal Type
  • M&A

Fakespot General Information

Description

Developer of an online data authentication platform designed to prevent fake and misleading content from deceiving consumers. The company's software analyzes product reviews and provides potential buyers with a grade based on the authenticity of the review, enabling consumers to detect fake reviews on online shopping portals and e-commerce platforms.

Contact Information

Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 110 Wall Street
  • 5th Floor
  • New York, NY 10005
  • United States
+1 (215)
Primary Industry
Application Software
Other Industries
Information Services (B2C)
Parent Company
Vertical(s)
Big Data, Artificial Intelligence & Machine Learning
Corporate Office
  • 110 Wall Street
  • 5th Floor
  • New York, NY 10005
  • United States
+1 (215)

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Fakespot Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Merger/Acquisition 02-May-2023 Completed Generating Revenue
8. Later Stage VC (Series A) 01-Sep-2022 Completed Generating Revenue
7. Debt - General 30-Jun-2021 Completed Generating Revenue
6. Debt - General 31-Jan-2021 Completed Generating Revenue
5. Early Stage VC (Series A1) 16-Nov-2020 Completed Generating Revenue
4. Early Stage VC 15-May-2020 Completed Generating Revenue
3. Accelerator/Incubator 05-Feb-2020 Completed Generating Revenue
2. Accelerator/Incubator 19-Oct-2018 $1.43M Completed Generating Revenue
1. Early Stage VC (Series A2) 04-Oct-2018 $1.43M $1.43M Completed Generating Revenue
To view Fakespot’s complete valuation and funding history, request access »

Fakespot Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series A1
Series A5
Series A4
Series A3 50,251 $0.000100 8% $1.99 $1.99 1x $1.99 1.18%
Series A2 473,090 $0.000100 8% $2.39 $2.39 1x $2.39 11.14%
To view Fakespot’s complete cap table history, request access »

Fakespot Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an online data authentication platform designed to prevent fake and misleading content from deceiving consu
Application Software
New York, NY
14 As of 2023

Reno, NV

Redwood City, CA
 
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Fakespot Competitors (3)

One of Fakespot’s 3 competitors is ReviewMeta, a Corporation company based in Reno, NV.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
ReviewMeta Corporation Reno, NV
Sitejabber Formerly VC-backed Redwood City, CA
Yelp Formerly VC-backed San Francisco, CA
You’re viewing 3 of 3 competitors. Get the full list »

Fakespot Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Fakespot Former Investors (17)

Investor Name Investor Type Holding Investor Since Participating Rounds
500 Global Accelerator/Incubator Minority
Beresford Ventures Venture Capital Minority
Bullpen Capital Venture Capital Minority
Creative Destruction Lab Accelerator/Incubator Minority
Datapower Ventures Venture Capital Minority
You’re viewing 5 of 17 investors. Get the full list »

Fakespot FAQs

  • When was Fakespot founded?

    Fakespot was founded in 2016.

  • Where is Fakespot headquartered?

    Fakespot is headquartered in New York, NY.

  • What is the size of Fakespot?

    Fakespot has 14 total employees.

  • What industry is Fakespot in?

    Fakespot’s primary industry is Application Software.

  • Is Fakespot a private or public company?

    Fakespot is a Private company.

  • What is Fakespot’s current revenue?

    The current revenue for Fakespot is .

  • How much funding has Fakespot raised over time?

    Fakespot has raised $10.3M.

  • Who are Fakespot’s investors?

    500 Global, Beresford Ventures, Bullpen Capital, Creative Destruction Lab, and Datapower Ventures are 5 of 17 investors who have invested in Fakespot.

  • Who are Fakespot’s competitors?

    ReviewMeta, Sitejabber, and Yelp are competitors of Fakespot.

  • When was Fakespot acquired?

    Fakespot was acquired on 02-May-2023.

  • Who acquired Fakespot?

    Fakespot was acquired by Mozilla.

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