About Morty
Morty is a company based in Los Angeles (United States) founded in 2020 by Karlis Lapsins and Andy Bauch. It operates as a Aggregator Model. Morty has raised $2.2 million across 1 funding round from investors including Protagonist, General Catalyst and ANIMO Ventures. Morty offers products and services including Morty App. Morty operates in a competitive market with competitors including The Detective Society, Escape Finder, Exitus Escape Rooms, Kvesti and Tales & Keys, among others.
- Headquarter Los Angeles, United States
- Founders Karlis Lapsins, Andy Bauch
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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 Morty 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
$2.2 M (USD)
in 1 rounds
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Latest Funding Round
$2.2 M (USD), Seed
Oct 20, 2023
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Investors
Protagonist
& 5 more
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Employee Count
Employee Count
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Products & Services of Morty
Morty offers a comprehensive portfolio of products and services, including Morty 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.
Platform for finding escape rooms and haunts.
Funding Insights of Morty
Morty has successfully raised a total of $2.2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.2 million completed in October 2023. 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 — $2.2M
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First Round
First Round
(20 Oct 2023)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Seed - Morty | Valuation | Protagonist |
| 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 Morty
Morty has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Protagonist, General Catalyst and ANIMO Ventures. 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 made in early-stage technology businesses.
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Founded Year | Domain | Location | |
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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Founded Year | Domain | Location | |
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Investments in early-stage startups are made by Animo.
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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 Morty
| 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 - Morty
| 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 |
Morty Comparisons
Competitors of Morty
Morty 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 The Detective Society, Escape Finder, Exitus Escape Rooms, Kvesti and Tales & Keys, 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 |
Immersive play-at-home mystery games with puzzles and digital interactions for enthusiasts.
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| domain | founded_year | HQ Location |
An app-based platform that helps users discover and book escape rooms effortlessly.
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| domain | founded_year | HQ Location |
Provides interactive escape room experiences for friends, families, events, and corporate teams.
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| domain | founded_year | HQ Location |
Escape and quest rooms are booked via an online platform.
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| domain | founded_year | HQ Location |
Mobile-based escape room games with outdoor elements are developed.
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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 Morty
When was Morty founded?
Morty was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Where is Morty located?
Morty is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is Morty a funded company?
Morty is a funded company, having raised a total of $2.2M across 1 funding round to date. The company's 1st funding round was a Seed of $2.2M, raised on Oct 20, 2023.
What does Morty do?
Morty is a mobile application designed to help users find and explore escape rooms and haunted attractions worldwide. Covering over 50,000 experiences in more than 1,000 cities, the platform serves as a comprehensive directory for immersive entertainment. Community-driven features such as ratings, reviews, and experience logging are provided to enhance user engagement. Connections with friends and tracking of completed adventures are also facilitated through the app.
Who are the top competitors of Morty?
Morty's top competitors include Kvesti, Tales & Keys and EscapeUp.
What products or services does Morty offer?
Morty offers Morty App.
Who are Morty's investors?
Morty has 6 investors. Key investors include Protagonist, General Catalyst, ANIMO Ventures, Wedbush Ventures, and Unpopular Ventures.