About Hot Potato
Hot Potato is a company based in Brooklyn (United States) founded in 2009 by Jeff Steele was acquired by Facebook in July 2010.. Hot Potato operates in a competitive market with competitors including MeetMe, Meetup, Going, Loopt and Pelago, among others.
- Headquarter Brooklyn, United States
- Founders Jeff Steele
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Sectors
Media & Entertainment
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Phone
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Website
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Social
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Funding Insights of Hot Potato
| 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 Hot Potato
Hot Potato has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Facebook. 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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Online social networking and communication services are provided globally.
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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 Hot Potato
| 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 - Hot Potato
| 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 |
Hot Potato Comparisons
Competitors of Hot Potato
Hot Potato 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 MeetMe, Meetup, Going, Loopt and Pelago, 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 |
New people are connected via a GPS-enabled social platform.
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People are connected via app-based groups for shared interests.
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Flight deals and price alerts are provided by Going.
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| domain | founded_year | HQ Location |
Selective location sharing is enabled via a social networking app.
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Location-based service
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Professionals are connected with similar interests on this social platform.
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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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Frequently Asked Questions about Hot Potato
When was Hot Potato founded?
Hot Potato was founded in 2009.
Where is Hot Potato located?
Hot Potato is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
What does Hot Potato do?
Hot Potato was founded in 2009 in Brooklyn, United States, as a social platform focused on real-time interactions. Friends and fans are connected by listing current activities, allowing questions to be asked and media such as photos and videos to be shared. Operations center on event-based networking within the social media sector. The company was acquired by Facebook in 2010.
Who are the top competitors of Hot Potato?
Who are Hot Potato's investors?
Hot Potato has 1 investor. Key investors include Facebook.