MindArk

Goteborg, Sweden Founded: 1999 • Age: 27 yrs
Virtual reality metaverse and platform are provided by MindArk.
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About MindArk

MindArk is a company based in Goteborg (Sweden) founded in 1999.. MindArk offers products and services including Entropia Universe. MindArk operates in a competitive market with competitors including IMVU, ZEPETO, Meta, VRChat and Hadean, among others.

  • Headquarter Goteborg, Sweden
  • Sectors
    Media & Entertainment
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Mindark Pe Ab
Operational Areas
Media & Entertainment → Creator Economy & Social Platforms
Technology → Extended, Virtual & Augmented Reality
Technology → Extended, Virtual & Augmented Reality
Key Metrics
  • Annual Revenue
    $8.22 M (USD)
    -25.66
    as on Dec 31, 2024
  • Net Profit
    $441.52 K (USD)
    -74.31
    as on Dec 31, 2024
  • EBITDA
    $2.48 M (USD)
    -17.77
    as on Dec 31, 2024
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of MindArk

MindArk offers a comprehensive portfolio of products and services, including Entropia Universe. 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.

Primary

Virtual environment for gaming with real cash economy and social features

People of MindArk
Headcount 10-50
Employee Profiles 14
Employee Profiles
People
David Simonsson
Technical Director of Graphics
People
Elvis Sahlén
Software Engineer
People
Mats Carlsson
Technical Director
People
Tommy Hallgren
Senior Software Developer

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Funding Insights of MindArk

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by MindArk

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - MindArk

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Mindark Comparisons

Employees
+
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Competitors of MindArk

MindArk 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 IMVU, ZEPETO, Meta, VRChat and Hadean, 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
Provider of an online 3D avatar-based social network
domain founded_year HQ Location
Metaverse social platform offering 3D character creation
domain founded_year HQ Location
Metaverse platforms and VR devices are developed for immersive interactions.
domain founded_year HQ Location
Provider of a VR-based social platform
domain founded_year HQ Location
Provider of a metaverse development platform
domain founded_year HQ Location
AI-powered mixed reality platform for advertising content is developed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about MindArk

When was MindArk founded?

MindArk was founded in 1999.

Where is MindArk located?

MindArk is headquartered in Goteborg, Sweden. It is registered at Goteborg, Vastra Gotaland, Sweden.

What is the annual revenue of MindArk?

Annual revenue of MindArk is $8.22M as on Dec 31, 2024.

What does MindArk do?

MindArk was founded in 1999 in Gothenburg, Sweden, within the virtual reality and metaverse sector. A 3D online environment called Entropia Universe is operated, featuring dynamic planetary systems managed by partner companies that provide activities tied to planetary narratives. An entertainment and business platform is also offered, allowing organizations to develop content. The system includes a real-cash economy where in-game currency can be bought and withdrawn as actual funds.

Who are the top competitors of MindArk?

MindArk's top competitors include ZEPETO, IMVU and Meta.

What products or services does MindArk offer?

MindArk offers Entropia Universe.

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