Folio Overview
- Year Founded
-
2023
- Status
-
Private
- Employees
-
37
- Latest Deal Type
-
Series A
- Latest Deal Amount
-
$14M
- Investors
-
7
Folio General Information
Description
Developer of a financial operations platform designed to manage bills and pay suppliers all in one place. The company's platform offers a centralized catalog of approved vendors, automated ordering and invoice processing, and real-time spend tracking, enabling hotels to reduce costs, accelerate orders, and understand their spending.
Contact Information
Website
www.folio.coCorporate Office
- 3600 North Duke Street
- Suite 1197
- Durham, NC 27704
- United States
Corporate Office
- 3600 North Duke Street
- Suite 1197
- Durham, NC 27704
- United States
Folio Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 1. Early Stage VC (Series A) | 17-Jul-2025 | $14M | Completed | Generating Revenue |
Folio Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A-2 | ||||||||
| Series A-1 |
Folio Patents
Folio Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20260087537-A1 | Systems and methods for generating a customized online environment for procurement | Pending | 25-Sep-2024 | ||
| US-20260004337-A1 | Centralized procurement platform with automated multi-supplier integration and mobile optimization | Pending | 30-Jun-2024 |
Folio Signals
Folio Investors (7)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Alumni Ventures | Venture Capital | Minority | ||
| Construct Capital | Venture Capital | Minority | ||
| Designer Fund | Venture Capital | Minority | ||
| Redseed | Venture Capital | Minority | ||
| SciFi VC | Venture Capital | Minority |
Folio FAQs
-
When was Folio founded?
Folio was founded in 2023.
-
Where is Folio headquartered?
Folio is headquartered in Durham, NC.
-
What is the size of Folio?
Folio has 37 total employees.
-
What industry is Folio in?
Folio’s primary industry is Business/Productivity Software.
-
Is Folio a private or public company?
Folio is a Private company.
-
What is the current valuation of Folio?
The current valuation of Folio is .
-
What is Folio’s current revenue?
The current revenue for Folio is .
-
How much funding has Folio raised over time?
Folio has raised $14M.
-
Who are Folio’s investors?
Alumni Ventures, Construct Capital, Designer Fund, Redseed, and SciFi VC are 5 of 7 investors who have invested in Folio.
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