# Airfrov

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/airfrov

- Industry: Retail
- Headquarters: Singapore, Singapore
- Website: www.airfrov.com
- Total disclosed funding: $1M
- Latest round: Series A (Jul 10, 2018)
- Investors on record: 2

## About

Airfrov is an innovative platform that connects users with personalized gift ideas and shopping experiences, enhancing the gift-giving process by offering curated suggestions tailored to various interests.Founded in 2015 in Singapore, Airfrov provides a platform that facilitates the discovery of unique gifts. The company has successfully raised funding through multiple rounds, with the latest being a Series A funding in July 2018, amounting to USD 0.80 mn led by East Ventures with participation from Insignia Ventures Partners. Airfrov has completed two notable deals to date, obtaining a current company valuation of USD 4.168 mn.Airfrov specializes in providing a platform that connects users with unique gift ideas and shopping experiences, particularly in the realm of personalized and thoughtful gifting. Their core offerings include curated gift suggestions for various occasions, which are tailored to specific interests such as beach activities, memorials, and sports coaching. The platform aims to streamline the gift selection process, catering to consumers who may be uncertain about suitable gifts for their loved ones. Airfrov serves a diverse audience, including individual consumers looking for distinctive gifts and those seeking personalized items such as customized jewelry. The company's products are marketed primarily to consumers in the United States and other international markets, positioning itself as a go-to resource for thoughtful gift-giving.In 2017, Airfrov reported revenue of USD 302,567.90, with an EBITDA of USD -334,296.80. The company generates revenue through a transaction-based model, leveraging affiliate marketing by earning commissions on qualifying purchases made through their platform. This business model includes partnerships with retailers and direct-to-consumer transactions, facilitating seamless shopping experiences for users.In July 2018, Airfrov raised USD 800,000 in Series A funding to support its strategic initiatives. The company plans to enhance its platform by introducing new product offerings and expanding into international markets. Airfrov aims to increase its market presence by targeting specific regions, although detailed geographic expansion plans have not been disclosed.

## Funding rounds

- Series A, Jul 10, 2018, $0.8M — East Ventures, Insignia Ventures Partners
- Seed, Mar 18, 2016, $0.2M — East Ventures

## Investors

- East Ventures (https://capitalatlas.ai/funds/east-ventures) — Seed, Series A
- Insignia Ventures Partners (https://capitalatlas.ai/funds/insignia-ventures-partners) — Series A