Frich is an investment firm specializing in early-stage investments, particularly focusing on innovative financial technology solutions. They primarily target startups that leverage social media and gamification to disrupt traditional finance sectors. Frich typically invests in pre-seed and seed stages, providing capital to help nascent companies develop their products and scale their operations.
Notable portfolio companies include Frich, a social finance app designed to help Gen Z manage their money by setting spending goals with friends through gamification. The firm's key partners and decision-makers bring a wealth of experience from top-tier educational institutions like Columbia University. Frich's investment philosophy centers on empowering the next generation with tools for financial literacy and management. They offer unique value-add services such as strategic guidance, networking opportunities, and mentorship to help portfolio companies thrive.
Classification
Also Known As
Frich inc
NAICS
52Finance and InsuranceEdition: 2022
522Credit Intermediation and Related ActivitiesEdition: 2022
5223Activities Related to Credit IntermediationEdition: 2022
522320Financial Transactions Processing, Reserve, and Clearinghouse ActivitiesEdition: 2022
SIC
60Depository InstitutionsEdition: 1987
6090Functions Related To Depository Banking
6099Functions Related To Depository Banking, Not Elsewhere ClassifiedEdition: 1987
Industry
Digital Currencies Companies
Financial Technology Companies
Financial Services Companies
Payment Service Providers
Show 6 more industry codes
SIC
62Security And Commodity Brokers, Dealers, Exchanges, And ServicesEdition: 1987
628Services Allied With The Exchange Of Securities Or CommoditiesEdition: 1987
6282Investment AdviceEdition: 1987
87Engineering, Accounting, Research, Management, And Related ServicesEdition: 1987
874
Management And Public Relations ServicesEdition: 1987
8742Management Consulting ServicesEdition: 1987
Frich
Frich: A social finance app gamifying money management for Gen Z with friends.