About Kiss Hugs
Kiss Hugs is a company based in Hong Kong (China) founded in 2013 by Roger Blackstein and Max Vung was acquired by Crowd Mobile in January 2015. It operates as a B2C. Kiss Hugs has raised $25 thousand across 1 funding round from investors including Bigcolors and Crowd Mobile. Kiss Hugs operates in a competitive market with competitors including Match, Skout, Momo, LOVOO and Mamba, among others.
- Headquarter Hong Kong, China
- Founders Roger Blackstein, Max Vung
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Sectors
Consumer
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$25 K (USD)
in 1 rounds
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Latest Funding Round
$25 K (USD), Seed
Jun 01, 2013
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Investors
Bigcolors
& 1 more
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Employee Count
Employee Count
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Acquired by
Crowd Mobile
(Jan 23, 2015)
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Funding Insights of Kiss Hugs
Kiss Hugs has successfully raised a total of $25K through 1 strategic funding round. The most recent funding activity was a Seed round of $25 thousand completed in June 2013. 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 1
- Last Round Seed — $25,000
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First Round
First Round
(01 Jun 2013)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2013 | Amount | Seed - Kiss Hugs | 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 Kiss Hugs
Kiss Hugs has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Bigcolors and Crowd Mobile. 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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Founded Year | Domain | Location | |
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Operates as an international provider of mobile content and payment solutions.
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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 Kiss Hugs
| 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 - Kiss Hugs
| 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 |
Kiss Hugs Comparisons
Competitors of Kiss Hugs
Kiss Hugs 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 Match, Skout, Momo, LOVOO and Mamba, 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 |
Online matchmaking listings are facilitated via a digital platform.
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| domain | founded_year | HQ Location |
People are connected via a mobile dating and discovery platform.
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| domain | founded_year | HQ Location |
A social networking platform is operated for connecting strangers.
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| domain | founded_year | HQ Location |
Social discovery and mobile dating app
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| domain | founded_year | HQ Location |
Russian online dating platform enabling user registrations and profile browsing.
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| domain | founded_year | HQ Location |
Interest-based social networking and dating connections are facilitated for users.
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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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Frequently Asked Questions about Kiss Hugs
When was Kiss Hugs founded?
Kiss Hugs was founded in 2013.
Where is Kiss Hugs located?
Kiss Hugs is headquartered in Hong Kong, China.
Is Kiss Hugs a funded company?
Kiss Hugs is a funded company, having raised a total of $25K across 1 funding round to date. The company's 1st funding round was a Seed of $25K, raised on Jun 01, 2013.
What does Kiss Hugs do?
Kiss Hugs, based in Hong Kong, focuses on leveraging cutting-edge technology, social networking, dating apps, and developing user-friendly mobile apps. A mobile dating app that connects users for meaningful relationships. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
Who are the top competitors of Kiss Hugs?
Who are Kiss Hugs's investors?
Kiss Hugs has 2 investors. Key investors include Bigcolors, and Crowd Mobile.