Frich raises $2.8 million in seed funding round led by Restive Ventures
May 30, 2024•about 1 year ago
Amount Raised
$2.8 Million
Round Type
seed
Investors
Spartan InnovationsK20Tru StageRestive Ventures
Description
Frich, a social financial community for Gen Z, has raised $2.8 million in a seed funding round led by Restive Ventures, with participation from TruStage, K20, and Spartan Innovations. The funding will be used to further develop the app and expand its user base.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers