About Kumu
Kumu is a company based in Makati (Philippines) founded in 2017 by Roland R. Navarro and Rexy Josh Dorado. It operates as a Two-Sided Marketplace. Kumu has raised $94.9 million across 6 funding rounds from investors including General Atlantic, ABS-CBN Corporation and Openspace Capital. Kumu offers products and services including Kumu App. Kumu operates in a competitive market with competitors including Kuaishou Technology, YouTube, Dailymotion, VerSe and LiveU, among others.
- Headquarter Makati, Philippines
- Founders Roland R. Navarro, Rexy Josh Dorado
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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
*********
- Legal Name Kumumedia Technologies 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
$94.9 M (USD)
in 6 rounds
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Latest Funding Round
$73.7 M (USD), Series C
Oct 25, 2021
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Investors
General Atlantic
& 14 more
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Employee Count
Employee Count
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Products & Services of Kumu
Kumu offers a comprehensive portfolio of products and services, including Kumu 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 livestreaming platform for authentic Filipino connections online.
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Funding Insights of Kumu
Kumu has successfully raised a total of $94.9M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $73.7 million completed in October 2021. 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 C — $73.7M
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First Round
First Round
(07 Dec 2018)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Series C - Kumu | Valuation | General Atlantic | |
| Jun, 2021 | Amount | Series B - Kumu | Valuation | Openspace Ventures , SIG Venture Capital | |
| Mar, 2021 | Amount | Series B - Kumu | Valuation | Openspace Ventures |
| 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 Kumu
Kumu has secured backing from 15 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include General Atlantic, ABS-CBN Corporation and Openspace Capital. 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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Private equity fund focused on global markets
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Founded Year | Domain | Location | |
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Early-stage technology startups are invested in by Openspace Ventures.
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Founded Year | Domain | Location | |
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Venture capital firm focused on seed and late stage investments
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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 Kumu
| 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 - Kumu
| 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 |
Kumu Comparisons
Competitors of Kumu
Kumu 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 Kuaishou Technology, YouTube, Dailymotion, VerSe and LiveU, 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 |
Social platform for sharing short videos
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| domain | founded_year | HQ Location |
User-generated videos and content are shared and streamed online.
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| domain | founded_year | HQ Location |
Web and mobile video sharing and streaming platform
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| domain | founded_year | HQ Location |
Developer of a short-video platform and technology infrastructure
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| domain | founded_year | HQ Location |
Live video transmission solutions provider
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| domain | founded_year | HQ Location |
Music videos are created and shared through a mobile platform.
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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 Kumu
Frequently Asked Questions about Kumu
When was Kumu founded?
Kumu was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Kumu located?
Kumu is headquartered in Makati, Philippines. It is registered at Makati, National Capital Region, Philippines.
Is Kumu a funded company?
Kumu is a funded company, having raised a total of $94.9M across 6 funding rounds to date. The company's 1st funding round was a Series B of $15M, raised on Dec 07, 2018.
What does Kumu do?
Kumu is recognized as the largest social entertainment app in the Philippines, developed to champion Filipino voices globally. The platform is focused on creating a vibrant online culture through livestreaming, fostering positivity and possibilities. Various features such as social TV, community engagement, and campaigns are offered to immerse users in Filipino culture.
Who are the top competitors of Kumu?
Kumu's top competitors include Kuaishou Technology, YouTube and Dailymotion.
What products or services does Kumu offer?
Kumu offers Kumu App.
Who are Kumu's investors?
Kumu has 15 investors. Key investors include General Atlantic, ABS-CBN Corporation, Openspace Capital, SIG Venture Capital, and Foxmont Capital Partners.
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