# FOBO

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

- Industry: Internet
- Headquarters: San Francisco, US
- Website: www.fobo.net
- Total disclosed funding: $1.6M
- Latest round: Seed (Jan 10, 2014)
- Investors on record: 5

## About

FOBO is a technology company specializing in innovative digital solutions that enhance operational efficiencies and data management for various industries, including logistics, healthcare, and finance.FOBO, founded by Andres Gonzalez and Terry Cullen, is headquartered in San Francisco, US. The company focuses on developing software applications aimed at improving operational efficiency and data analytics. In January 2014, FOBO raised USD 1.6 mn in Seed funding from investors including Y Combinator, Collaborative Fund, Start Fund, SV Angel, and Reinmkr Capital. The total amount raised so far is USD 1.6 mn, with one recorded deal in its funding history.FOBO specializes in providing a range of software applications designed to improve operational efficiencies, enhance data analytics, and enable seamless communication in organizations. Its offerings are targeted at sectors such as logistics, healthcare, and finance, addressing essential use cases like supply chain optimization and patient data management. FOBO has strategically launched its products across North America, Europe, and Asia, catering to both small businesses and large enterprises seeking to modernize their operations.FOBO's revenue model is based on subscription services, offering multiple pricing tiers to accommodate various client needs. Clients typically enter into annual or monthly subscription agreements, gaining access to a comprehensive suite of software tools and ongoing support. The company sells licenses directly to consumers, allowing for scalability as organizational needs evolve. FOBO markets its flagship products under trademarked names that reflect their unique functionalities, with pricing plans designed to be flexible and supportive of long-term client partnerships.In 2014, FOBO raised USD 1.6 mn in Seed funding aimed at supporting its growth initiatives. The company plans to launch new software products designed to improve operational capabilities in target sectors. To expand its geographic reach, FOBO is focusing on entering new markets in Asia and Europe by 2026. The recent funding will be utilized to enhance product development and facilitate market entry strategies.

## Funding rounds

- Seed, Jan 10, 2014, $1.6M — SV Angel, Y Combinator, reinmkr inc., Collaborative Fund, Start Fund

## Investors

- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- reinmkr inc. — Seed
- Collaborative Fund (https://capitalatlas.ai/funds/collaborative-fund) — Seed
- Start Fund — Seed