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.
- Website
- faveforfans.com
- Email ID
- *****@faveforfans.com
Key Metrics
Founded Year
2020
Location
Stage
Seed
Total Funding
$4.2M in 2 rounds
Latest Funding Round
Investors
Ranked
4th among 172 active competitors
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 |
View details of Fave's funding rounds and investors
Fave's founders and board of directors
Founder? Claim ProfileThe 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:
- Jacquelle Amankonah Horton: Founder & CEO of Fave. Contact Info: 1 email address
View details of Fave's Founder profiles and Board Members
Fave's employee count trend
Fave has 15 employees as of Jun 26. Here is Fave's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Myspace 2003, Los Angeles (United States), Acquired | On-demand music streaming and content sharing platform | $42.8M | 63/100 | |
2nd | Ultimate Guitar 1998, San Francisco (United States), Unfunded | Social platform for music enthusiasts and artists | - | - | 59/100 |
3rd | FanLabel 2016, Birmingham (United States), Seed | Record label creation app provider | $8.48M | 52/100 | |
4th | Social platform for connecting with superfans and earning rewards | $4.2M | 51/100 | ||
5th | Renaissance 2018, San Francisco (United States), Seed | Social music platform for fan engagement | $1.69M | 50/100 | |
6th | Unitea 2003, Miami (United States), Series A | Mobile and web-based social community platform for music enthusiasts | $9.3M | 47/100 | |
7th | makromusic 2020, Istanbul (Turkey), Seed | Online social platform for connecting with people with similar music taste | $15M | 47/100 | |
8th | SpinMedia 2005, Los Angeles (United States), Acquired | Online community for music and celebrity fans | $76M | 46/100 | |
9th | Kooky 2019, Seoul (South Korea), Seed | App-based social platform for K-Pop fans | - | 45/100 | |
10th | My Eurovision Scoreboard 2015, Arad (Romania), Unfunded | Online music sharing platform | - | - | 43/100 |
Looking for more details on Fave's competitors? Click here to see the top ones
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
•
•
Fave, the app for superfans, raises $2M as it continues to reward users for their obsessionsTechCrunch+•Oct 12, 2023•Fave, Warner Music Group, Sony Music, Female Founders Fund
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