About MeetMe
MeetMe is a company based in New Hope (United States) founded in 2005 by David Cook and Catherine Cook was acquired by Quepasa in July 2011.. MeetMe has raised $37.9 million across 6 funding rounds from investors including Norwest Venture Partners, Western Technology Investment and Quepasa. MeetMe has completed 3 acquisitions, including Skout, if(we) and myYearboo. MeetMe offers products and services including MeetMe App and Premium Features. MeetMe operates in a competitive market with competitors including Meetup, Loopt, Pod, Explorest and SocialRadar, among others.
- Headquarter New Hope, United States
- Founders David Cook, Catherine Cook
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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 The Meet Group, 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
$37.9 M (USD)
in 6 rounds
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Latest Funding Round
$8 M (USD), Debt – Conventional
May 01, 2013
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Investors
Norwest Venture Partners
& 4 more
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Employee Count
Employee Count
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Investments & Acquisitions
Skout
& 2 more
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Acquired by
Quepasa
(Jul 20, 2011)
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Products & Services of MeetMe
MeetMe offers a comprehensive portfolio of products and services, including MeetMe App and Premium Features. 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.
Mobile app for connecting users with nearby people for chatting and dating.
Enhanced tools for faster matching and exclusive content in social app.
Funding Insights of MeetMe
MeetMe has successfully raised a total of $37.9M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $8 million completed in May 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 6
- Last Round Debt – Conventional — $8.0M
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First Round
First Round
(25 Jan 2007)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2013 | Amount | Debt – Conventional - MeetMe | Valuation |
investors |
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| Mar, 2011 | Amount | Series B - MeetMe | Valuation |
investors |
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| Jul, 2008 | Amount | Series B - MeetMe | 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 MeetMe
MeetMe has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Norwest Venture Partners, Western Technology Investment and Quepasa. 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 and growth equity firm providing investments and resources to entrepreneurs in various sectors.
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Founded Year | Domain | Location | |
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VC firm that focuses on early stage investments in the US
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Founded Year | Domain | Location | |
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US focused seed and early-stage VC 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 MeetMe
MeetMe has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Skout, if(we) and myYearboo. 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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People are connected via a mobile dating and discovery platform.
|
2007 | ||||
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Community-based learning platform is provided for school friend connections.
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2005 | ||||
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Social networking platforms for user connections are provided.
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2004 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
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 - MeetMe
| 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 |
Meetme Comparisons
Competitors of MeetMe
MeetMe 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 Meetup, Loopt, Pod, Explorest and SocialRadar, 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 |
People are connected via app-based groups for shared interests.
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| domain | founded_year | HQ Location |
Selective location sharing is enabled via a social networking app.
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| domain | founded_year | HQ Location |
Professionals are connected with similar interests on this social platform.
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| domain | founded_year | HQ Location |
Location-based photos are shared and discovered via mobile app.
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| domain | founded_year | HQ Location |
Delivers a social location-based mobile application 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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Latest news on Meetme
Frequently Asked Questions about MeetMe
When was MeetMe founded?
MeetMe was founded in 2005 and raised its 1st funding round 2 years after it was founded.
Where is MeetMe located?
MeetMe is headquartered in New Hope, United States.
Is MeetMe a funded company?
MeetMe is a funded company, having raised a total of $37.9M across 6 funding rounds to date. The company's 1st funding round was a Series B of $13M, raised on Jan 25, 2007.
What does MeetMe do?
MeetMe was founded in 2005 and is headquartered in New Hope, United States. The social networking platform operates on web and mobile devices, enabling users to discover and interact with nearby individuals through GPS technology. Revenue is generated from advertising, virtual currency transactions, and subscription services. Focus is placed on facilitating personal connections in the online social sector.
Who are the top competitors of MeetMe?
What products or services does MeetMe offer?
MeetMe offers MeetMe App and Premium Features.
How many acquisitions has MeetMe made?
Who are MeetMe's investors?
MeetMe has 5 investors. Key investors include Norwest Venture Partners, Western Technology Investment, Quepasa, USVP, and First Round Capital.
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