Frankly Overview
- Year Founded
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2021
- Status
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Private
- Employees
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20
- Latest Deal Type
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Later Stage VC
- Latest Deal Amount
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$4.72M
- Investors
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16
Frankly General Information
Description
Developer of an embedded insurance platform designed to enable customers to add product protection at the point of online purchase. The company's platform offers fixed monthly pricing, all-risk coverage options, simple checkout integration for online stores, and cancellation without commitment, enabling online shoppers and e-commerce merchants to secure purchased goods against damage with flexible and transparent coverage.
Contact Information
Website
www.franklyinsure.comCorporate Office
- Nyhavn 63B
- 1051 Copenhagen
- Denmark
Corporate Office
- Nyhavn 63B
- 1051 Copenhagen
- Denmark
Frankly Timeline
Frankly Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Later Stage VC | 12-Mar-2026 | $4.72M | Completed | Generating Revenue | ||
| 3. Early Stage VC | 02-Jul-2024 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 01-Jan-2024 | $523K | Completed | Generating Revenue | ||
| 1. Seed Round | 12-May-2022 | $523K | $523K | Completed | Generating Revenue |
Frankly Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | 1,776 | $44.66 | $44.66 | 1x | $44.66 | 3.25% | ||
| Ordinary | 5,727 | $54.11 | $54.11 | 1x | $54.11 | 10.47% |
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Opportunity Score
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Exit Type
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Frankly Related Research & Analysis
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Key Data Points
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Majestic Referring Domains
Frankly Investors (16)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Angel (individual) | Minority | |||
| Medley Capital | Venture Capital | Minority | ||
| Pragmatech Ventures (Switzerland) | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority |
Frankly FAQs
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When was Frankly founded?
Frankly was founded in 2021.
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Where is Frankly headquartered?
Frankly is headquartered in Copenhagen, Denmark.
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What is the size of Frankly?
Frankly has 20 total employees.
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What industry is Frankly in?
Frankly’s primary industry is Other Insurance.
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Is Frankly a private or public company?
Frankly is a Private company.
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What is Frankly’s current revenue?
The current revenue for Frankly is .
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How much funding has Frankly raised over time?
Frankly has raised $6.03M.
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Who are Frankly’s investors?
, Medley Capital, Pragmatech Ventures (Switzerland), , and are 5 of 16 investors who have invested in Frankly.
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