About Blast
Blast is a company based in Newport Beach (United States) founded in 2018 by Mark Dru and Stephen Tyszka.. Blast has raised $12 million across 2 funding rounds from investors including Forbes, CreditEase and Wilson Sonsini Goodrich & Rosati. Blast operates in a competitive market with competitors including MPL, Zupee, Skillz, Baazi Games and Fello, among others.
- Headquarter Newport Beach, United States
- Founders Mark Dru, Stephen Tyszka
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Sectors
Media & EntertainmentTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12 M (USD)
in 2 rounds
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Latest Funding Round
$7 M (USD), Seed
Jul 17, 2018
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Investors
Forbes
& 6 more
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Employee Count
Employee Count
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Funding Insights of Blast
Blast has successfully raised a total of $12M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $7 million completed in July 2018. 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 Seed — $7.0M
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First Round
First Round
(12 Mar 2018)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2018 | Amount | Seed - Blast | Valuation | CreditEase , Rx3 Growth Partners | |
| Mar, 2018 | Amount | Seed - Blast | Valuation | Core Innovation Capital , Wilson Sonsini Goodrich & Rosati |
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| 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 Blast
Blast has secured backing from 7 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Forbes, CreditEase and Wilson Sonsini Goodrich & Rosati. 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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Consumer-focused brands are targeted for private equity investments.
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Founded Year | Domain | Location | |
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Venture capital investments in fintech and technology for wealth and health.
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Founded Year | Domain | Location | |
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Tech focused early-stage micro VC firm investing in the US
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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 Blast
| 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 - Blast
| 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 |
Blast Comparisons
Competitors of Blast
Blast 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 MPL, Zupee, Skillz, Baazi Games and Fello, 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 |
Real money skill-based gaming is facilitated through an online platform.
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| domain | founded_year | HQ Location |
Operator of an online platform providing free-to-play digital versions of games
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| domain | founded_year | HQ Location |
A platform is operated for competitive mobile gaming and development.
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| domain | founded_year | HQ Location |
Provider of online platforms for poker, sports gaming, and card games
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| domain | founded_year | HQ Location |
App-based savings and investment platform is provided for individuals.
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| domain | founded_year | HQ Location |
Casino gaming platforms are developed for browser-based devices.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Blast
Frequently Asked Questions about Blast
When was Blast founded?
Blast was founded in 2018.
Where is Blast located?
Blast is headquartered in Newport Beach, United States. It is registered at Newport Beach, California, United States.
Is Blast a funded company?
Blast is a funded company, having raised a total of $12M across 2 funding rounds to date. The company's 1st funding round was a Seed of $5M, raised on Mar 12, 2018.
What does Blast do?
Founded in 2018 and based in Newport Beach, United States, Blast operates in the gamification sector. Gamers are rewarded for playing games via payouts to their wallets, determined by trigger savings from key achievements. These savings are multiplied through interest on balances, dividends from missions, and weekly leaderboard distributions. The platform is currently in closed beta and is set for a forthcoming launch.
Who are Blast's investors?
Blast has 7 investors. Key investors include Forbes, CreditEase, Wilson Sonsini Goodrich & Rosati, Tony Robbins, and Rx3 Growth Partners.
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