What is Fringe?
Fringe operates as the world's first personalized wellbeing marketplace, offering employers a consolidated platform for employee experience, benefits, and rewards. By integrating hundreds of wellbeing and lifestyle services, Fringe aims to drive tangible business outcomes and improve employee wellbeing. The platform is strategically designed to help organizations recruit and retain top talent by offering a comprehensive and intelligently curated suite of services.
How much funding has Fringe raised?
Fringe has raised a total of $19.2M across 2 funding rounds:
Angel/Seed
$2.2M
Other Financing Round
$17M
Angel/Seed (2021): $2.2M with participation from Jaffray Woodriff, Felton Group, Sovereign Capital, Center for Innovative Technology, and Manchester Story
Other Financing Round (2022): $17M led by Origin Ventures and Felton Group
Key Investors in Fringe
Felton Group
Felton Group is an entity that provides private and business investigative services, including background screenings and consulting for law enforcement agencies in New York and New Jersey.
Center for Innovative Technology
The Center for Innovative Technology (CIT) is a non-profit organization dedicated to fostering technology-based economic development by supporting early-stage technology companies through commercialization and seed funding.
Origin Ventures
Origin Ventures is an early-stage venture capital firm that invests in companies transforming productivity and automation through artificial intelligence, focusing on sectors like electrification, labor automation, commerce, and AI-native software.
What's next for Fringe?
The recent major strategic investment in Fringe signals a pivotal growth phase for the company. With a focus on scaling its innovative marketplace, Fringe is poised to further expand its reach within the enterprise sector. This capital infusion will likely fuel product development, enhance its service provider network, and bolster its go-to-market strategy, solidifying its position as a leader in the employee wellbeing and engagement space.
See full Fringe company page
