Fakespot Overview
- Year Founded
-
2016
- Status
-
Acquired/Merged
- Employees
-
14
- 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
Website
www.fakespot.com(Operating Subsidiary)
Corporate Office
- 110 Wall Street
- 5th Floor
- New York, NY 10005
- United States
Corporate Office
- 110 Wall Street
- 5th Floor
- New York, NY 10005
- United States
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 |
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% |
Fakespot Comparisons
Industry
Financing
Details
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 |
Fakespot Signals
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 |
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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