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Fragment

Fragment

Private
New York City, New YorkFinTechhttps://fragment.dev/

Last Round

Seed

Jul 23, 2024

Total Funding Raised

$10.8M

Company Overview

Fragment is a fintech company that offers a ledger database API platform designed to simplify the creation of compliant financial applications by enabling developers to integrate money movement features without needing extensive accounting expertise.

Sector

FinTech

Verticals

Digital Payments, Vertical SaaS, Compliance & Risk, Database Management

Business Model

B2B

Customer Profile

Usage-Based SaaS, Subscription SaaS

AI Layer

Application

Keywords

ledger APIdouble-entry ledgerdatabase for moneyfinancial infrastructurefintech APIbalance trackingbilling infrastructureledger databaseusage-based billingfinancial ledgerledger as a servicefintech backendpayment infrastructuretransaction ledgerdeveloper tools

Historical Pricing

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Caplight Momentum Score

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Fragment Comparables

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Fragment comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Twisp Inc.
84%
Blnk Finance
84%
Formance
83%

Fragment Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
SeedJul 23, 2024
Pre SeedJun 1, 2021

Key People

Founding team and executive leadership

Thomas Neckel

CEO

Executive Team

Omi Reza Chowdhury

CTO

Executive Team

Varun Mohan

CTO

Executive Team

Fragment Investors

Notable investors and investment history

Fragment investors
InvestorRounds
Gradient VenturesPre Seed
Avid VenturesSeed
BoxGroupSeed

Fragment Filings

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Fragment filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Fragment's valuation, stock price, and market status.

Is Fragment a public or private company?

Fragment is a private company.

What is the current stock price of Fragment?

Fragment is a private company with no public stock price. No recent secondary market data is available.

How much is Fragment worth (valuation)?

Valuation information for Fragment is not publicly available.

Can I buy Fragment stock?

Fragment shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Fragment's last funding round?

Fragment's most recent funding round was Seed on July 22, 2024.

Who are the main investors in Fragment?

Key investors in Fragment include Avid Ventures, BoxGroup.

Will Fragment IPO soon?

No public IPO plans have been announced for Fragment.

How can I track Fragment secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Fragment's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersNew York City, New York
Employee Range14
Year Founded2021
Last FundingJul 23, 2024

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