# Fringe

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

- Industry: Software
- Headquarters: Richmond, US
- Website: www.fringe.us
- Total disclosed funding: $22M
- Latest round: Series A (Sep 16, 2022)
- Investors on record: 7

## About

Founded in 2018 and based in Virginia, US, FRNGE, Inc. trading under the name Fringe operates as a provider of personalized benefits for individuals and employees. The company provides a marketplace that offers personalized self-selected benefits and services for employee. In September 2024, Fringe raised USD 6.01 million in series A funding from investors. The series A funding values Fringe at USD 55.09 million post-money.

The company provides a employee experience and lifestyle benefits platform that helps organizations attract, engage, and retain talent by consolidating rewards, recognition, wellbeing, and lifestyle programs into a single, human-first solution. The platform enables employers to replace multiple point solutions with one unified system that supports employee recognition, lifestyle stipends, wellbeing programs, learning and development, challenges and incentives, swag management, and life-event gifting.

The company generate revenue through platform subscription, growth (USD3/PEPM), scale (USD2/PEPM) and enterprise.

## Funding rounds

- Series A, Sep 16, 2022, $18M — Revolution Ventures, Origin Ventures, Sovereign's Capital, ManchesterStory, Felton Group
- Seed, Feb 24, 2021, $4M — Sovereign Capital Partners, Center for Innovative Technology, Felton Group, ManchesterStory

## Investors

- Sovereign Capital Partners — Seed
- Center for Innovative Technology — Seed
- Felton Group — Seed, Series A
- ManchesterStory (https://capitalatlas.ai/funds/manchesterstory) — Seed, Series A
- Revolution Ventures (https://capitalatlas.ai/funds/revolution-ventures) — Series A
- Origin Ventures (https://capitalatlas.ai/funds/origin-ventures) — Series A
- Sovereign's Capital (https://capitalatlas.ai/funds/sovereign-s-capital) — Series A