Spending power
TheGrid Corporate Spending Power index would rate purchasing capacity from registry, scale and activity signals.
Spending power
Brand profile · Internet & Technology
Favful is an Internet & Technology brand in Petaling Jaya, Selangor. It is privately held, and its site is favful.com. It holds one address on record, all in Malaysia. It self-reports a headcount band of 11–50. Its work is tagged social commerce and community building. Its latest round on record is Seed, US$500.0K. It is listed alongside six similar brands, mostly in Internet & Technology.
Favful is the first beauty social commerce in Malaysia, dedicated to helping people feel stress-free and certain in their personal grooming decisions. Since launching in 2016, Favful has grown into a trusted community marketplace for people to get advice, and purchase curated community recommendations based on their shared skin type, purchase behaviour and product sentiment through its recommendation engine. Founded by Sasha Tan, who was listed as Forbes 30under30 Asia Retail and Commerce, Favful is backed by Gobi Partners, 500 Startups, Segnel, Rentracks (6045:JP) and won “Top 20 Winner of K-startup grand challenge”. Find more information about how Favful is redefining the journey of beauty decisions at www.favful.com.
| Countries | 1 |
|---|---|
| Primary country | MY |
All codes: MY
| Rounds | 2 |
|---|---|
| Axis | 2015 to 2026 |
| Seed · 16 Dec 2016 | US$ 500.0K |
Dated rounds only. The axis ends at the date this profile was last observed, not at today.
TheGrid Corporate Spending Power index would rate purchasing capacity from registry, scale and activity signals.
Spending power
Hiring, headcount and registry-change signals, streamed to members.
Registry-filed capital and financial indicators, standardised by TheGrid.
One address on record, Malaysia only. Primary: Sunway Nexis Soho, 1, Jalan PJU 5/1, Kota Damansara, 47810 Petaling Jaya, Selangor, Petaling Jaya, Selangor 47810.
Two rounds. Latest 16 December 2016: Seed, US$500,000, investor Gobi Partners.
Five tags on the brand's own list, among them social commerce and community building.
10 profiles list Favful as a peer — 93rd percentile in Internet & Technology. It lists ten peers of its own. Brand Shaper lists it back.