About Marco Polo
Marco Polo is a company based in Palo Alto (United States) founded in 2013 by Vlada Bortnik. It operates as a Freemium. Marco Polo has raised $20 million across 1 funding round from investors including Benchmark, StartX and Matrix. Marco Polo offers products and services including Marco Polo App. Marco Polo operates in a competitive market with competitors including Glide, QQ, Tiny Media, Huayin and uZoom, among others.
- Headquarter Palo Alto, United States
- Founders Vlada Bortnik
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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 Joya Communications 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
$20 M (USD)
in 1 rounds
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Latest Funding Round
$20 M (USD), Series A
Nov 18, 2016
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Investors
Benchmark
& 3 more
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Employee Count
Employee Count
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Products & Services of Marco Polo
Marco Polo offers a comprehensive portfolio of products and services, including Marco Polo 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.
Video chat app for personal, trusted connections.
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Funding Insights of Marco Polo
Marco Polo has successfully raised a total of $20M through 1 strategic funding round. The most recent funding activity was a Series A round of $20 million completed in November 2016. 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 Series A — $20.0M
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First Round
First Round
(18 Nov 2016)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2016 | Amount | Series A - Marco Polo | Valuation | Benchmark |
| 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 Marco Polo
Marco Polo has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Benchmark, StartX and Matrix. 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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Venture capital investments are offered to promising startups.
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Founded Year | Domain | Location | |
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Startups are accelerated by Stanford-backed program in Palo Alto.
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Founded Year | Domain | Location | |
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Early-stage ventures are funded by the investment firm.
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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 Marco Polo
| 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 - Marco Polo
| 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 |
Marco Polo Comparisons
Competitors of Marco Polo
Marco Polo 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 Glide, QQ, Tiny Media, Huayin and uZoom, 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 |
Video-texting mobile app for live and recorded messages is provided.
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| domain | founded_year | HQ Location |
Multi-category news is delivered through an online platform.
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| domain | founded_year | HQ Location |
Web-based video chat for up to 12 users is provided.
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| domain | founded_year | HQ Location |
App-based platform for video messaging
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| domain | founded_year | HQ Location |
Live Streaming Mobile App
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Marco Polo
Frequently Asked Questions about Marco Polo
When was Marco Polo founded?
Marco Polo was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Where is Marco Polo located?
Marco Polo is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Who is the current CEO of Marco Polo?
Vlada Bortnik is the current CEO of Marco Polo. They have also founded this company.
Is Marco Polo a funded company?
Marco Polo is a funded company, having raised a total of $20M across 1 funding round to date. The company's 1st funding round was a Series A of $20M, raised on Nov 18, 2016.
What does Marco Polo do?
Marco Polo is designed as a video chat application focused on fostering personal and trusted connections. It operates in the technology sector, specifically targeting communication through video messaging. Solutions are provided to help users share real moments with loved ones on their own schedules. Privacy is emphasized with no ads or manipulative tactics, ensuring user trust and well-being are prioritized.
Who are the top competitors of Marco Polo?
Marco Polo's top competitors include QQ, Glide and Tiny Media.
What products or services does Marco Polo offer?
Marco Polo offers Marco Polo App.
Who are Marco Polo's investors?
Marco Polo has 4 investors. Key investors include Benchmark, StartX, Matrix, and Battery Ventures.