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Fave - About the company

Fave is a seed company based in Canada, founded in 2020 by Jacquelle Amankonah Horton. It operates as a Social platform for connecting with superfans and earning rewards. Fave has raised $4.2M in funding from investors like Warner Music Group, Sony Music and Female Founders Fund. The company has 172 active competitors, including 28 funded and 7 that have exited. Its top competitors include companies like Myspace, Ultimate Guitar and FanLabel.

Company Details

Social platform for connecting with superfans and earning rewards. The platform allows users to create and share videos, connect with other fans, challenge other fans and earn rewards. The app is available for Android and iOS users.
Social
X
Email ID
*****@faveforfans.com
Key Metrics
Founded Year
2020
Location
Stage
Seed
Total Funding
$4.2M in 2 rounds
Latest Funding Round
Ranked
Employee Count
15 as on Jun 30, 2026
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Fave's funding and investors

Fave has raised a total funding of $4.2M over 2 rounds. Its first funding round was on May 17, 2021. Its latest funding round was a Seed round on Oct 12, 2023 for $*****. 9 investors participated in its latest round. Fave has 9 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Fave:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 12, 2023
5902644
Seed
6853134
1242192
9622722
7473454
May 17, 2021
4672706
Seed
8183914
5105545
9314700
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Fave's founders and board of directors

Founder? Claim Profile
The founders of Fave is Jacquelle Amankonah Horton. Jacquelle Amankonah Horton is the CEO of Fave.
Here are the details of Fave's key team members:

Fave's employee count trend

Fave has 15 employees as of Jun 26. Here is Fave's employee count trend over the years:
Employee count trend for Fave
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Fave's Competitors and alternates

Top competitors of Fave include Myspace, Ultimate Guitar and FanLabel. Here is the list of Top 10 competitors of Fave, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Myspace
Myspace
2003, Los Angeles (United States), Acquired
On-demand music streaming and content sharing platform
$42.8M
63/100
2nd
Logo for Ultimate Guitar
Ultimate Guitar
1998, San Francisco (United States), Unfunded
Social platform for music enthusiasts and artists
-
-
59/100
3rd
Logo for FanLabel
FanLabel
2016, Birmingham (United States), Seed
Record label creation app provider
$8.48M
52/100
4th
Logo for Fave
Fave
2020, Canada, Seed
Social platform for connecting with superfans and earning rewards
$4.2M
51/100
5th
Logo for Renaissance
Renaissance
2018, San Francisco (United States), Seed
Social music platform for fan engagement
$1.69M
50/100
6th
Logo for Unitea
Unitea
2003, Miami (United States), Series A
Mobile and web-based social community platform for music enthusiasts
$9.3M
47/100
7th
Logo for makromusic
makromusic
2020, Istanbul (Turkey), Seed
Online social platform for connecting with people with similar music taste
$15M
47/100
8th
Logo for SpinMedia
SpinMedia
2005, Los Angeles (United States), Acquired
Online community for music and celebrity fans
$76M
46/100
9th
Logo for Kooky
Kooky
2019, Seoul (South Korea), Seed
App-based social platform for K-Pop fans
-
45/100
10th
Logo for My Eurovision Scoreboard
My Eurovision Scoreboard
2015, Arad (Romania), Unfunded
Online music sharing platform
-
-
43/100
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Fave's Investments and acquisitions

Fave has made no investments or acquisitions yet.

Reports related to Fave

Here is the latest report on Fave's sector:

News related to Fave

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