Frido Overview
- Year Founded
-
2015
- Status
-
Private
- Employees
-
487
- Latest Deal Type
-
PE Growth
- (Upcoming)
- Investors
-
20
Frido General Information
Description
Manufacturer of ergonomic wellness products intended to improve comfort and physical support during everyday activities. The company offers orthopedic insoles, posture aids, support cushions, mattress toppers, mobility equipment, ergonomic furniture, and comfort accessories with orthopedic design features and durable materials, enabling individuals, workplaces, healthcare facilities, and travelers to support posture, manage physical discomfort, and improve daily mobility.
Contact Information
Website
www.myfrido.comCorporate Office
- 403/B, Amar Tech Park
- Balewadi
- Pune, Maharashtra 411045
- India
Corporate Office
- 403/B, Amar Tech Park
- Balewadi
- Pune, Maharashtra 411045
- India
Frido Timeline
Frido Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 13. PE Growth/Expansion | Upcoming | Generating Revenue | ||||
| 12. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 11. Later Stage VC | 15-Feb-2024 | Completed | Generating Revenue | |||
| 10. Later Stage VC (Series B) | 13-Mar-2023 | Completed | Generating Revenue | |||
| 9. Later Stage VC | 08-Jul-2022 | Completed | Generating Revenue | |||
| 8. Accelerator/Incubator | 01-Jun-2022 | Completed | Generating Revenue | |||
| 7. Secondary Transaction - Private | 02-Sep-2022 | Completed | Generating Revenue | |||
| 6. Later Stage VC | 21-Sep-2021 | Completed | Generating Revenue | |||
| 5. Debt - General | 05-Jul-2021 | $1.25M | Completed | Startup | ||
| 4. Later Stage VC | 01-Apr-2020 | $301K | $1.25M | Completed | Startup |
Frido Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Preference | ||||||||
| A9 Equity | ||||||||
| A8 CCPS | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Preference | ||||||||
| Preference | ||||||||
| Series A3 CCPS | ||||||||
| Series A2 CCPS | 68 | $11.097771 | $84.11 | $84.11 | 1x | $84.11 | 0.4% | |
| Series A1 CCPS | 2,184 | $11.097771 | $84.11 | $84.11 | 1x | $84.11 | 12.76% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Frido Patents
Frido Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2024257128-A1 | Foldable palm-grip walking stick | Inactive | 16-Jun-2023 |
Frido Signals
Frido Investors (20)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Chona Family Office | Family Office | Minority | ||
| OrbiMed | Growth/Expansion | Minority | ||
| Venktesh Investment and Trading Company | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| MGA Ventures | Family Office | Minority |
Frido FAQs
-
When was Frido founded?
Frido was founded in 2015.
-
Where is Frido headquartered?
Frido is headquartered in Pune, India.
-
What is the size of Frido?
Frido has 487 total employees.
-
What industry is Frido in?
Frido’s primary industry is Therapeutic Devices.
-
Is Frido a private or public company?
Frido is a Private company.
-
What is Frido’s current revenue?
The current revenue for Frido is .
-
How much funding has Frido raised over time?
Frido has raised $1.88M.
-
Who are Frido’s investors?
Chona Family Office, OrbiMed, Venktesh Investment and Trading Company, , and MGA Ventures are 5 of 20 investors who have invested in Frido.
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