About BeReal
BeReal is a company based in Cayman Islands founded in 2020 was acquired by Voodoo in June 2024.. BeReal has raised $90 million across 2 funding rounds from investors including Voodoo, Accel and Andreessen Horowitz. BeReal offers products and services including BeReal App. BeReal operates in a competitive market with competitors including Pinterest, We Heart It, OpenArt, Rankle and Reel Code Media, among others.
- Headquarter Cayman Islands
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Sectors
Media & Entertainment
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Email
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Phone
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Website
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Social
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- Legal Name Bereal
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Products & Services of BeReal
BeReal offers a comprehensive portfolio of products and services, including BeReal App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Mobile app for daily notifications to share authentic life moments.
Funding Insights of BeReal
BeReal has successfully raised a total of $90M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $60 million completed in October 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $60.0M
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First Round
First Round
(03 Jun 2021)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Series B - BeReal | Valuation |
investors |
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| Jun, 2021 | Amount | Series A - BeReal | Valuation | a16z , Accel |
| 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 BeReal
BeReal has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Voodoo, Accel and Andreessen Horowitz. 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 capital investments in technology sectors are handled by Andreessen Horowitz.
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Founded Year | Domain | Location | |
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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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Venture capital investment firm
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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 BeReal
| 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 |
Financial Statements - BeReal
| 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 |
Bereal Comparisons
Competitors of BeReal
BeReal 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 Pinterest, We Heart It, OpenArt, Rankle and Reel Code Media, 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 |
Social image bookmarking platform
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Photo-based social blogging platform
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Provider of social platform for image bookmarking
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Offers a platform for social content bookmarking and sharing.
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| domain | founded_year | HQ Location |
Operates an app-based platform for photo sharing.
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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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On-demand services are booked through an app-based platform.
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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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Latest news on Bereal
Frequently Asked Questions about BeReal
When was BeReal founded?
BeReal was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is BeReal located?
BeReal is headquartered in Cayman Islands.
Is BeReal a funded company?
BeReal is a funded company, having raised a total of $90M across 2 funding rounds to date. The company's 1st funding round was a Series A of $30M, raised on Jun 03, 2021.
What does BeReal do?
BeReal was founded in 2020 and is headquartered in the Cayman Islands. A social media platform is operated, focused on real-time photo sharing among users to capture daily activities. The app features a dual-camera system that records a selfie and a rear-facing image simultaneously. Availability is provided on both the App Store and Google Play for iOS and Android devices.
Who are the top competitors of BeReal?
BeReal's top competitors include Pinterest, We Heart It and OpenArt.
What products or services does BeReal offer?
BeReal offers BeReal App.
Who are BeReal's investors?
BeReal has 5 investors. Key investors include Voodoo, Accel, Andreessen Horowitz, DST Global Partners, and Kima Ventures.