About 123RF.com
123RF.com is a company based in Singapore (Singapore) founded in 2005 by Andy Sitt.. 123RF.com has completed 3 acquisitions, including Pixlr, TheHungryJPEG and Vectr. 123RF.com operates in a competitive market with competitors including Getty Images, Freepik, Shutterstock, Depositphotos and EyeEm, among others.
- Headquarter Singapore, Singapore
- Founders Andy Sitt
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Sectors
Media & EntertainmentTechnology
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Phone
*********
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Website
*********
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Social
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- Legal Name 123Rf Images India Private Limited
- Date of Incorporation 26 Mar, 2013
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$12.7 M (USD)-35as on Dec 31, 2022
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Net Profit
$725.4 K (USD)-84as on Dec 31, 2022
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EBITDA
$831.47 K (USD)-83as on Dec 31, 2022
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Pixlr
& 2 more
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Funding Insights of 123RF.com
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2017 | Amount | Debt – Venture - 123RF.com | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 123RF.com
123RF.com has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include InnoVen Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture debt financing is extended to companies across multiple sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 123RF.com
123RF.com has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Pixlr, TheHungryJPEG and Vectr. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Graphic design, fonts, themes, plugins, and templates marketplace platform
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2014 | ||||
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AI-powered vector graphics editing and generation tools are provided.
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2014 | ||||
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Photo editor tools app
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - 123RF.com
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
123Rf.Com Comparisons
Competitors of 123RF.com
123RF.com operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Getty Images, Freepik, Shutterstock, Depositphotos and EyeEm, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Royalty-free stock photos, creative images, and vectors are supplied globally.
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| domain | founded_year | HQ Location |
Online platform providing vectors, stock photos, and icons
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| domain | founded_year | HQ Location |
Royalty-free images, vectors, video clips, and music are supplied.
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| domain | founded_year | HQ Location |
Stock photos, vectors, and videos are traded via this marketplace.
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| domain | founded_year | HQ Location |
Stock photos and videos are licensed via an online marketplace.
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| domain | founded_year | HQ Location |
Royalty-free stock images, video, and audio are offered via marketplace.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 123RF.com
When was 123RF.com founded?
123RF.com was founded in 2005 and raised its 1st funding round 12 years after it was founded.
Where is 123RF.com located?
123RF.com is headquartered in Singapore, Singapore.
Who is the current CEO of 123RF.com?
Jack Sen P is the current CEO of 123RF.com.
What is the annual revenue of 123RF.com?
Annual revenue of 123RF.com is $12.7M as on Dec 31, 2022.
What does 123RF.com do?
A royalty-free digital media marketplace is provided by 123RF.com, founded in 2005 and based in Singapore. Commercial and editorial content, including images, music, and stock footage, is uploaded by photographers, illustrators, designers, videographers, and audio artists to generate earnings. Subscription packs are offered to end users, tailored to download needs through options like duration-based access, on-demand purchases, and quantity limits, within the online media sector.
Who are the top competitors of 123RF.com?
123RF.com's top competitors include Getty Images, Freepik and Depositphotos.
How many acquisitions has 123RF.com made?
123RF.com has made 3 acquisitions, including Pixlr, TheHungryJPEG, and Vectr.
Who are 123RF.com's investors?
123RF.com has 1 investor. Key investors include InnoVen Capital.