When was CrowdForce founded?

CrowdForce was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Where is CrowdForce located?

CrowdForce is headquartered in San Francisco, United States.

Who is the current CEO of CrowdForce?

Oluwatomi Ayorinde of CrowdForce. They have also founded 1 company.

How many employees does CrowdForce have?

As of Jul 01, 2024, the latest employee count at CrowdForce is 59.

Is CrowdForce a funded company?

CrowdForce is a funded company, having raised a total of $3.72M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2017.

When was the latest funding round of CrowdForce?

CrowdForce's latest funding was a $***** Seed round on Feb 16, 2022, with participation from 3 investors.

Where does CrowdForce rank among its competitors?

CrowdForce ranks 2nd amongst 11 active competitors, of which 2 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was ScoreData, which secured an undisclosed amount in Jun, 2020.

Who are the top competitors of CrowdForce?

CrowdForce's top competitors include ScoreData, CIT VERiCASH and yufin. Among them, CrowdForce secured the most recent funding round in February, 2022.

CrowdForce - 2026 Company Profile, Team, Funding & Competitors

Company Details

CrowdForce is a decentralized network of micro businesses. Aims to create a network of micro businesses for financial inclusion of unbanked and underbanked people. Businesses can earn commission by performing financial transactions such as transfers, withdrawals, airtime purchase, paying cable and electricity bills on behalf of the local community. The CRF token is the native token of the platform. The app is available for the Android platform.

Website: crowdforce.io
Phone Number: +1 **********

Key Metrics

Founded Year

2016

Location

San Francisco, United States

Stage

Deadpooled

Total Funding

$3.72M in 5 rounds

Latest Funding Round

Seed, Feb 16, 2022, $*****

Investors

Y Combinator & 9 more

Ranked

2^nd among 11 active competitors

Employee Count

59 as on Jul 01, 2024

Similar Companies

Spice Money & 118 more

View CrowdForce's full profile

CrowdForce has raised a total funding of $3.72M over 5 rounds. Its first funding round was on 2017. Its latest funding round was a Seed round on Feb 16, 2022 for $*****. 3 investors participated in its latest round. CrowdForce has 10 institutional investors.

Here is the list of recent funding rounds of CrowdForce:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 16, 2022	1718850	Seed	3858834	2471134	4767358	3003975
Feb 16, 2022	7861768	Conventional Debt	2321662	8354473	2279581	Aruwa Capital Management & 2 more
2020	2940	Seed	3622	9720	Y Combinator	9114

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View details of CrowdForce's funding rounds and investors

The founders of CrowdForce are Oluwatomi Ayorinde and Damilola Ayorinde. Oluwatomi Ayorinde is the CEO of CrowdForce.

Here are the details of CrowdForce's key team members:

Oluwatomi Ayorinde: Co-Founder & CEO of CrowdForce.
Damilola Ayorinde: Co-Founder & COO of CrowdForce.

View details of CrowdForce's Founder profiles and Board Members

CrowdForce's employee count trend

CrowdForce has 59 employees as of Jul 24. Here is CrowdForce's employee count trend over the years:

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Top competitors of CrowdForce include ScoreData, CIT VERiCASH and yufin. Here is the list of Top 10 competitors of CrowdForce, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ScoreData 2014, Palo Alto (United States), Series A	Developer of a predictive solutions platform for businesses	-	Impact Venture Capital, Dot Edu Ventures & 8 others	48/100
2nd	CrowdForce 2016, San Francisco (United States), Deadpooled	Decentralized network of micro businesses	$3.72M	Magic Fund, Y Combinator & 8 others	35/100
3rd	CIT VERiCASH 2000, Cairo (Egypt), Funding Raised	Mobile payment technology platform enabler.	-	Anthemis Group	34/100
4th	yufin 2021, New York City (United States), Early Stage	Provider of merchant services acquiring and payments hub for small merchants	$900K	Boleh Ventures, 77 Capital	33/100
5th	Community Bankers’ Bank 1987, Midlothian (United States), Unfunded	Provider of financial services to community banks	-	-	29/100
6th	Infiniti 2018, Jersey City (United States), Funding Raised	Correspondent banking services	-	United Labs	22/100
7th	Skylight 1998, Atlanta (United States), Acquired	Correspondent banking service provider	-	-	20/100
8th	Shared Branching 2000, Rancho Cucamonga (United States), Unfunded	App-based platform for shared branching	-	-	16/100
9th	Rank Capital San Francisco (United States), Unfunded	Online platform for correspondent banking	-	-	16/100
10th	Chomoka 2019, Atlanta (United States), Unfunded	Correspondent banking solutions for savings groups and women	-	-	16/100