When was Frich founded?

Frich was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is Frich located?

Frich is headquartered in New York City, United States.

How many employees does Frich have?

As of Sep 30, 2026, the latest employee count at Frich is 11.

Is Frich a funded company?

Frich is a funded company, having raised a total of $2.8M across 2 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jul 19, 2021.

When was the latest funding round of Frich?

Frich's latest funding was a $***** Seed round on May 30, 2024, with participation from 4 investors.

Where does Frich rank among its competitors?

Frich ranks 44th amongst 310 active competitors, of which 45 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Quicken, which secured an undisclosed amount in Jun, 2026.

Who are the top competitors of Frich?

Frich's top competitors include Mint, Expensify and Monarch. Among them, Quicken secured the most recent funding round in June, 2026.

Frich - 2026 Company Profile, Team, Funding & Competitors

Frich is an acquired company based in New York City (United States), founded in 2020 by Katrin Kaurov and Alexandra Medina. It operates as an Online platform for expense management. Frich has raised $2.8M in funding from Restive. The company has 310 active competitors, including 45 funded and 13 that have exited. Its top competitors include companies like Mint, Expensify and Monarch.

Company Details

Online platform for expense management. It provides users way to aggregate their expenses and keep a track record of their expenses.

Website: www.getfrich.com/
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Key Metrics

Founded Year

2020

Location

New York City, United States

Stage

Acquired

Total Funding

$2.8M in 2 rounds

Latest Funding Round

Seed, May 30, 2024, $*****

Investors

Restive & 8 more

Ranked

44^th among 310 active competitors

Employee Count

11 as on Sep 30, 2026

Similar Companies

Money Forward & 918 more

Exit Details

Acquired by Acorns (Oct 14, 2026)

View Frich's full profile

Frich got acquired by Acorns on Oct 14, 2026.

Click here to take a look at Frich's acquisition in detail

Frich has raised a total funding of $2.8M over 2 rounds. Its first funding round was on Jul 19, 2021. Its latest funding round was a Seed round on May 30, 2024 for $*****. 4 investors participated in its latest round. Frich has 9 institutional investors.

Here is the list of recent funding rounds of Frich:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 30, 2024	3470779	Seed	8432292	7067608	6979132	7437831
Jul 19, 2021	7468582	Grant (prize money)	7414251	6168947	9856828	NYU Entrepreneurship

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View details of Frich's funding rounds and investors

The founders of Frich are Katrin Kaurov and Alexandra Medina.

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

Katrin Kaurov: Co-Founder & CEO of Frich.
Contact Info: 1 email address
Alexandra Medina: Co-Founder of Frich.

View details of Frich's Founder profiles and Board Members

Frich's employee count trend

Frich has 11 employees as of Sep 26. Here is Frich's employee count trend over the years:

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Top competitors of Frich include Mint, Expensify and Monarch. Here is the list of Top 10 competitors of Frich, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Mint 2006, Mountain View (United States), Acquired	Provider of online personal finance management tools	$78.5M	Pitango, Morgenthaler & 10 others	78/100
2nd	Expensify 2008, San Francisco (United States), Public	Provider of expense management software, corporate cards, and travel booking	$27.8M	Redpoint Ventures, OpenView & 11 others	74/100
3rd	Monarch 2018, Covina (United States), Series B	Online platform for expense management for couples, advisors, and employers	$94.8M	Forerunner, Menlo Ventures & 6 others	73/100
4th	Quicken 1983, Menlo Park (United States), Acquired	Online finance and expense management software	-	American Pacific Group, Aquiline Capital Partners ... & 1 others	67/100
5th	Beem 2006, San Francisco (United States), Seed	Cash advance app for emergencies	$7M	CMFG Ventures, Goodwater Capital & 14 others	63/100
6th	YNAB 2004, Lehi (United States), Unfunded	Developer of personal finance software for tracking and managing budgets	-	-	60/100
7th	Qube Money 2015, Pleasant Grove (United States), Series A	Provider of digital cash envelope banking and budgeting mobile application	$2.05M	-	57/100
8th	Stavtar Solutions 2017, New York City (United States), Series A	Provider of software automating business spend and expense allocation for firms	$60.3M	Elephant Venture Capital, Global Incubation Services ... Read more	56/100
9th	SimplyWise 2018, New York City (United States), Series B	Online platform with retirement planning and savings solutions for individuals	$12M	QED Investors, Village Global & 4 others	54/100
10th	Rocket Money 2015, Silver Spring (United States), Funding Raised	Provider of financial management tools for subscription tracking, budgeting, and bill negotiation	-	ACE & Company, MaC Venture Capital & 2 others	52/100
44th	Frich 2020, New York City (United States), Acquired	Online platform for expense management	$2.8M	CMFG Ventures, Restive & 7 others	37/100