About Kik
Kik is a company based in Santa Monica (United States) founded in 2009 was acquired by MediaLab in October 2019. It operates as a Freemium. Kik has raised $166.39 million across 6 funding rounds from investors including Tencent, Foundation Capital and MediaLab. Kik has completed 4 acquisitions, including Blynk Style, GameMix and Relay. Kik offers products and services including Kik Messaging App. Kik operates in a competitive market with competitors including Infobip, Hyro, Rasa, Gridspace and MindMeld, among others.
- Headquarter Santa Monica, United States
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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
*********
- Legal Name Medialab Ai Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$166.39 M (USD)
in 6 rounds
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Latest Funding Round
$49.59 M (USD), Series D
Jul 03, 2017
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Investors
Tencent
& 7 more
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Employee Count
Employee Count
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Investments & Acquisitions
Blynk Style
& 3 more
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Acquired by
MediaLab
(Oct 18, 2019)
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Products & Services of Kik
Kik offers a comprehensive portfolio of products and services, including Kik Messaging App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A chat app for groups and communities is provided.
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Funding Insights of Kik
Kik has successfully raised a total of $166.39M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $49.59 million completed in July 2017. 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 6
- Last Round Series D — $49.6M
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First Round
First Round
(01 Jan 2010)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2017 | Amount | Series D - Kik | Valuation |
investors |
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| Jul, 2015 | Amount | Series D - Kik | Valuation | Tencent |
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| Nov, 2014 | Amount | Series C - Kik | Valuation |
investors |
| 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 Kik
Kik has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Tencent, Foundation Capital and MediaLab. 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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Secondary investments in technology are managed by the firm.
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Founded Year | Domain | Location | |
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Early-stage investments are provided to transformative technology companies.
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage fintech, enterprise, web 3, consumer, and multiple sectors
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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 Kik
Kik has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Blynk Style, GameMix and Relay. 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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Personalized outfit recommendations are generated via mobile app swiping.
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2014 | ||||
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HTML5 games are discovered and played online via the platform.
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2013 | ||||
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Animated content is shared through iOS mobile messaging.
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2012 |
| 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.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Kik
| 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 |
Kik Comparisons
Competitors of Kik
Kik 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 Infobip, Hyro, Rasa, Gridspace and MindMeld, 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 |
Cloud-based messaging and communication solutions are provided for enterprises.
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| domain | founded_year | HQ Location |
An AI-based conversational platform is provided for healthcare task automation.
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| domain | founded_year | HQ Location |
Open source machine learning tools for conversational AI are provided.
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| domain | founded_year | HQ Location |
Cloud based platform offering speech analytics solutions
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| domain | founded_year | HQ Location |
Intelligent conversational interfaces are developed via the MindMeld platform.
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| domain | founded_year | HQ Location |
Offers AI training data, annotation, and services for enterprise AI development.
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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 Kik
Frequently Asked Questions about Kik
When was Kik founded?
Kik was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Where is Kik located?
Kik is headquartered in Santa Monica, United States. It is registered at Santa Monica, California, United States.
Is Kik a funded company?
Kik is a funded company, having raised a total of $166.39M across 6 funding rounds to date. The company's 1st funding round was a Series C of $38.3M, raised on Jan 01, 2010.
What does Kik do?
A platform for messaging and community building is provided by Kik. Users are enabled to join public groups, interact with streamers via Kik LIVE, and make one-on-one connections. The service is focused on fostering social interactions within digital communities. Privacy and user experience are emphasized through dedicated policies. The app is designed for mobile devices and accessible globally.
What products or services does Kik offer?
Kik offers Kik Messaging App.
How many acquisitions has Kik made?
Kik has made 4 acquisitions, including Blynk Style, GameMix, and Relay.
Who are Kik's investors?
Kik has 8 investors. Key investors include Tencent, Foundation Capital, MediaLab, Millennium Technology Value Partners, and SV Angel.
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