Faros Overview
- Year Founded
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2019
- Status
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Private
- Employees
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58
- Latest Deal Type
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Series B
- Latest Deal Amount
-
$25M
- Investors
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12
Faros General Information
Description
Developer of an engineering operations platform designed to automate tasks with a single application programming interface. The company's artificial intelligence platform brings together all engineering data in one place, enabling engineering leaders to have a single-pane view of velocity, quality, cost, goals, team health, and more, across the entire organization.
Contact Information
Website
www.faros.aiCorporate Office
- 2261 Market Street
- San Francisco, CA 94114
- United States
Corporate Office
- 2261 Market Street
- San Francisco, CA 94114
- United States
Faros Timeline
Faros Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Later Stage VC (Series B) | 03-Jun-2026 | $25M | Completed | Generating Revenue | ||
| 3. Early Stage VC (Series A) | 27-Jun-2023 | Completed | Generating Revenue | |||
| 2. Seed Round | 28-Jan-2022 | $16M | $19.8M | Completed | Generating Revenue | |
| 1. Seed Round | 09-Oct-2019 | $3.75M | $3.75M | Completed | Startup |
Faros Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series A | ||||||||
| Seed-Plus-2 | ||||||||
| Seed-Plus-1 | 23,698,930 | $0.000001 | 8% | $0.42 | $0.42 | 1x | $0.42 | 6.79% |
| Seed | 33,112,580 | $0.000001 | 8% | $0.11 | $0.11 | 1x | $0.11 | 9.49% |
VC Exit Predictor
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Faros Comparisons
Industry
Financing
Details
Faros Competitors (4)
One of Faros’s 4 competitors is Acumen.io, a Formerly VC-backed company based in Tel Aviv, Israel.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Acumen.io | Formerly VC-backed | Tel Aviv, Israel | ||||
| Swarmia | Venture Capital-Backed | Helsinki, Finland | ||||
| Plandek | Venture Capital-Backed | London, United Kingdom | ||||
| LinearB | Venture Capital-Backed | Boston, MA |
Faros Patents
Faros Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| DE-69112451-D1 | Method and device for training for driving vehicles. | Inactive | 20-Feb-1990 | ||
| DE-69112451-T2 | Method and device for training for driving vehicles. | Inactive | 20-Feb-1990 | ||
| US-5184956-A | Method and device for training in the driving of vehicles | Inactive | 20-Feb-1990 | ||
| EP-0443928-A1 | Training method and device for vehicle driving | Active | 20-Feb-1990 | ||
| EP-0443928-B1 | Training method and device for vehicle driving | Inactive | 20-Feb-1990 | G09B9/05 |
Faros Signals
Faros Investors (12)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Lobby Capital | Venture Capital | Minority | ||
| RPS Ventures | Venture Capital | Minority | ||
| 515 Ventures | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority |
Faros FAQs
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When was Faros founded?
Faros was founded in 2019.
-
Where is Faros headquartered?
Faros is headquartered in San Francisco, CA.
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What is the size of Faros?
Faros has 58 total employees.
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What industry is Faros in?
Faros’s primary industry is Business/Productivity Software.
-
Is Faros a private or public company?
Faros is a Private company.
-
What is the current valuation of Faros?
The current valuation of Faros is .
-
What is Faros’s current revenue?
The current revenue for Faros is .
-
How much funding has Faros raised over time?
Faros has raised $64.8M.
-
Who are Faros’s investors?
Lobby Capital, RPS Ventures, 515 Ventures, , and are 5 of 12 investors who have invested in Faros.
-
Who are Faros’s competitors?
Acumen.io, Swarmia, Plandek, and LinearB are competitors of Faros.
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