About HyperConnect
HyperConnect is a company based in Seoul (South Korea) founded in 2014 by Yong Hyun Taek and Kangsik Jung was acquired by Match Group in February 2021. HyperConnect has raised $10.6 million across 2 funding rounds from investors including Match Group, Altos Ventures Management and SBVA. HyperConnect operates in a competitive market with competitors including Matrix Industries, Cogniac, Hensoldt, Paltalk and Navtech Radar, among others.
- Headquarter Seoul, South Korea
- Founders Yong Hyun Taek, Kangsik Jung
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Sectors
Telecommunications
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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 Hyperconnect Llc
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Annual Revenue
$211.53 M (USD)-6as on Dec 31, 2021
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Net Profit
-$22.58 M (USD)-256as on Dec 31, 2021
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EBITDA
-$25.93 M (USD)-241as on Dec 31, 2021
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Total Equity Funding
$10.6 M (USD)
in 2 rounds
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Latest Funding Round
$8.6 M (USD), Series B
Nov 17, 2015
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Investors
Match Group
& 2 more
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Employee Count
Not available
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Acquired by
Match Group
(Feb 09, 2021)
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People of HyperConnect
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Leadership Team
32 people
Legal and Compliance
27 people
Finance and Accounting
25 people
Sales and Marketing
24 people
Software Development Team
24 people
Product Management Team
16 people
Senior Team
13 people
Operations Team
6 people
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Funding Insights of HyperConnect
HyperConnect has successfully raised a total of $10.6M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $8.6 million completed in November 2015. 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.
Investors in HyperConnect
HyperConnect has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Match Group, Altos Ventures Management and SBVA.
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Early-stage venture capital arm of SoftBank Group
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Provider of a leading provider of online dating services, offering a diverse portfolio of popular brands, including Tinder, Match.com, and OkCupid, with a focus on introducing new people and fostering meaningful connections
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Investor details for HyperConnect
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by HyperConnect
Investment portfolio details for HyperConnect
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- Transaction dates
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Financial Statements - HyperConnect
Detailed financials for HyperConnect
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- Profit trends
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Hyperconnect Comparisons
Peer comparison for HyperConnect
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- Named peers
- Headcount comparison
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Competitors of HyperConnect
HyperConnect 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 Matrix Industries, Cogniac, Hensoldt, Paltalk and Navtech Radar, among others.
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Smartwatches powered by body heat are developed using thermoelectric technology.
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AI-based platform is utilized for managing visual operations in businesses.
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Developer of integrated air surveillance radar for the military and defence industry
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Group video chat platforms are offered across multiple devices.
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Augmented radar systems are provided for airports and facilities.
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Detailed competitors of HyperConnect
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Latest news on Hyperconnect
Complete news archive for HyperConnect
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Frequently Asked Questions about HyperConnect
HyperConnect was founded in 2014.
HyperConnect is headquartered in Seoul, South Korea.
HyperConnect is a funded company, having raised a total of $10.6M across 2 funding rounds to date.
Annual revenue of HyperConnect is $211.53M as on Dec 31, 2021.
HyperConnect was founded in 2014 in Seoul, South Korea, and operates within the mobile technology sector. Cloud-based platforms for communication and social entertainment are developed and provided, including HyperRTC for real-time peer-to-peer video messaging on iOS and Android, HyperML for deep learning-based image processing with optimized inference engines, HyperGraphics for mobile augmented reality graphics using computer vision, and Azar for user discovery, video calls, and messaging.
HyperConnect's top competitors include Matrix Industries, Hensoldt and Texecom.
HyperConnect has 3 investors. Key investors include Match Group, Altos Ventures Management, and SBVA.