FranShares: Funding, Investors & Team (Oct 2026)
FranShares is a platform for passive franchise investments that allows individuals to diversify their portfolio and potentially earn passive income.
FranShares has raised $7.2M across 2 funding rounds on record, the most recent an undisclosed round of $5.8M announced in May 2024.
That round is below the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.
FranShares Company Profile and Key Stats
Latest funding round on record: May 2024.
FranShares Funding Rounds
FranShares raised $1.4M in a Pre-Seed announced in Aug 2021.
2.8 years later, an undisclosed round of $5.8M was announced in May 2024.
FranShares Founders and Leadership Team
No contact details are on record for this team yet.
FranShares Funding Compared to Other Financial Services Startups
FranShares' latest round of $5.8M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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FranShares Funding FAQs
What does FranShares do?
FranShares is a platform for passive franchise investments that allows individuals to diversify their portfolio and potentially earn passive income.
How much funding has FranShares raised?
FranShares has raised $7.2M across 2 rounds on record. The most recent is an undisclosed round of $5.8M announced in May 2024.
When did FranShares last raise funding?
FranShares' most recent funding round on record is an undisclosed round of $5.8M, announced in May 2024.
Who founded FranShares?
FundedIQ lists Kenny Rose (Founder) at FranShares.
Where is FranShares headquartered?
FranShares is based in Chicago, Illinois, United States.
How many employees does FranShares have?
FranShares is in the 1-10 employee band.
How does FranShares' funding compare to other Financial Services startups?
FranShares' latest round of $5.8M is below the $15M median round size for Financial Services companies on FundedIQ across 5,751 tracked companies over the last two years.
About FundedIQ's FranShares Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for FranShares is left off this page rather than filled in.
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