About Chess.com
Chess.com is a company based in San Francisco (United States) founded in 2005 by Erik Allebest.. Chess.com has completed 2 acquisitions, including ChessPark and Play Magnus.
- Headquarter San Francisco, United States
- Founders Erik Allebest
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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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Latest Funding Round
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Investors
General Atlantic
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
ChessPark
& 1 more
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Funding Insights of Chess.com
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2023 | Amount | Seed - Chess.com | Valuation | Endeavor |
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| Jan, 2022 | Amount | Private Equity Round - Chess.com | Valuation | General Atlantic |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Chess.com
Chess.com has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include General Atlantic and Endeavor. 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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Endeavor is focused on supporting high-impact entrepreneurs globally.
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Founded Year | Domain | Location | |
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Private equity fund focused on global markets
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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 Chess.com
Chess.com has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include ChessPark and Play Magnus. 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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Chess e-learning and entertainment platforms are provided.
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2013 | ||||
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Online chess play and tournaments are enabled through ChessPark's platform.
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2007 |
| 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 - Chess.com
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Chess.Com Comparisons
Competitors of Chess.com
| 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 Chess.com
When was Chess.com founded?
Chess.com was founded in 2005 and raised its 1st funding round 17 years after it was founded.
Where is Chess.com located?
Chess.com is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Chess.com?
Erik Allebest is the current CEO of Chess.com. They have also founded this company.
What does Chess.com do?
Chess.com was founded in 2005 in San Francisco, United States, as a platform in the online gaming and education sector focused on chess. Services include multiplayer games, skill-building puzzles, instructional lessons, and tournament competitions. Social tools enable connections among users of varying skill levels. Operations support a global community through web and mobile access, with emphasis on skill development and interaction.
How many acquisitions has Chess.com made?
Chess.com has made 2 acquisitions, including ChessPark, and Play Magnus.
Who are Chess.com's investors?
Chess.com has 2 investors. Key investors include General Atlantic, and Endeavor.