About Hobbes
Hobbes is a company based in Detroit (United States) founded in 2018 was acquired by Duolingo in July 2024.. Hobbes operates in a competitive market with competitors including DeepMotion, Vicon, Qualisys, Faceshift and Volucap, among others.
- Headquarter Detroit, United States
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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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Funding Insights of Hobbes
| 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 Hobbes
Hobbes has secured backing from 1 investor. Prominent investors backing the company include Duolingo. 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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Developer of a platform providing gamified language learning through interactive exercises
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Hobbes
| 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 - Hobbes
| 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 |
Hobbes Comparisons
Competitors of Hobbes
Hobbes 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 DeepMotion, Vicon, Qualisys, Faceshift and Volucap, 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 |
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| domain | founded_year | HQ Location |
Digital characters for animation are created using deep learning technology.
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Motion capture systems are developed for entertainment and engineering sectors.
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Sensors for 3D positioning tracking in sports are provided.
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AI-captured facial expressions are delivered in real-time for avatar animation.
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Volumetric capture services are offered for film productions.
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| domain | founded_year | HQ Location |
Animation solutions for media industry are provided.
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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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| 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 Hobbes
When was Hobbes founded?
Hobbes was founded in 2018.
Where is Hobbes located?
Hobbes is headquartered in Detroit, United States. It is registered at Detroit, Michigan, United States.
What does Hobbes do?
Hobbes was founded in 2018 and is based in Detroit, United States. An online platform is operated to deliver animation solutions tailored to the film and television sector. Emphasis is placed on advancing Motion as a design discipline, with its principles applied to digital products. Services encompass tools and resources that support animation workflows in these industries.
Who are the top competitors of Hobbes?
Hobbes's top competitors include Vicon, DeepMotion and Volucap.
Who are Hobbes's investors?
Hobbes has 1 investor. Key investors include Duolingo.
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