phia

phia

Cybersecurity and technology support services

About phia

Simplify's Rating
Why phia is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Differentiation

Industries

Consulting

Consumer Software

Healthcare

Company Size

11-50

Company Stage

Seed

Total Funding

$500K

Headquarters

Louisville, Kentucky

Founded

2011

Overview

phia LLC operates in the fields of cyber security, intelligence, and technology, providing support to various Federal government agencies, including those in civilian, defense, law enforcement, and intelligence sectors. The company employs a team of technical experts who work on mission-critical projects, ensuring that their services meet the specific needs of their clients. Unlike many competitors, phia emphasizes an employee-centered culture, prioritizing the well-being of its staff alongside the mission objectives. The goal of phia is to foster a supportive work environment while delivering high-quality technical solutions to government agencies.

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Funded Recently
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Simplify's Take

What believers are saying

  • Phia benefits from the growing fashion resale market and sustainability interest.
  • High-profile mentors like Kris Jenner provide valuable industry connections and media exposure.
  • AI integration in e-commerce platforms is a rising trend enhancing user experience.

What critics are saying

  • Phia faces competition from established players like Amazon and eBay.
  • Reliance on celebrity endorsements could backfire if public perception shifts.
  • Phia's sustainability claims may be scrutinized by environmental watchdogs.

What makes phia unique

  • Phia focuses on sustainability, aligning with growing demand for eco-friendly products.
  • The company uses AI-driven personalization to enhance user experience and increase sales.
  • Phia's browser extension offers convenient price comparison for online fashion deals.

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Funding

Total Funding

$500k

Below

Industry Average

Funded Over

1 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Below Average

Industry standards

$3.3M
$1.5M
Slack
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Short Term & Long-Term Disability

401(k) Retirement Plan

401(k) Company Match

Tuition and Professional Development Assistance

Flex Spending Accounts (FSA)

Company News

AlleyWatch
May 6th, 2025
Phia raises $500K in Angel funding

Phia, a fashion tech startup, has secured $500k in Angel funding led by Desiree Gruber and Kris Jenner. Founded by Sophia Kianni and Phoebe Gates in 2022, Phia has now raised a total of $600k in equity funding.

AlleyWatch
May 5th, 2025
The AlleyWatch Startup Daily Funding Report: 5/5/2025

Bondway.ai, an AI-powered platform that generates ideas for bond and capital markets professionals, has raised $6.4M in funding according to a recent SEC filing.

GeekWire
Apr 25th, 2025
Phoebe Gates Launches E-Commerce Startup — Here’S What Her Famous Parents Think

Phia compares the best fashion prices across the internet. (App Store Images)Phoebe Gates, the youngest daughter of Bill Gates and Melinda French Gates, is the co-founder of a new e-commerce shopping tool that launched this week — and the subject of a profile in The New York Times that details her startup ambitions and unique upbringing.Gates and her former Stanford University roommate Sophia Kianni launched Phia, a web browser extension and app designed to scour the internet for the best deals on fashion items. The inspiration came from Gates’ and Kianni’s own experience as dedicated resale shoppers looking for better prices.Phia has attracted venture backing, high-profile mentors including Kardashian mom Kris Jenner, and a podcast deal for the founders.In a nod to Bill Gates’ own pursuits around combatting climate change, Phia’s website makes mention of the sustainability aspect of shopping secondhand and reducing waste and carbon. The profile sheds some light on Gates’ entrepreneurial pursuits at the age of 22 and as the daughter of such famous and wealthy parents. Here are a few highlights:. Gates acknowledges the privilege of her upbringing and how some will connect any success she achieves back to her family

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