About OKpanda
OKpanda is a company based in New York (United States) founded in 2012.. OKpanda has raised $3 million across 2 funding rounds from investors including Beenos, Resolute Ventures and 500 Global. OKpanda operates in a competitive market with competitors including Open English, 51Talk, Tandem, Voxy and Babbel, among others.
- Headquarter New York, United States
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Sectors
EducationTechnology
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3 M (USD)
in 2 rounds
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Latest Funding Round
$1.6 M (USD), Seed
Aug 17, 2014
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Investors
Beenos
& 5 more
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Employee Count
Employee Count
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Funding Insights of OKpanda
OKpanda has successfully raised a total of $3M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.6 million completed in August 2014. 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 2
- Last Round Seed — $1.6M
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First Round
First Round
(20 Oct 2013)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2014 | Amount | Seed - OKpanda | Valuation | Resolute Ventures | |
| Oct, 2013 | Amount | Seed - OKpanda | Valuation | Resolute 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 OKpanda
OKpanda has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Beenos, Resolute Ventures and 500 Global. 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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Early-stage venture capital funding is provided to founders.
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Founded Year | Domain | Location | |
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Venture capital and acceleration are provided to tech startups.
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Founded Year | Domain | Location | |
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Early-stage technology investments are targeted by this venture capital 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 OKpanda
| 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 - OKpanda
| 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 |
Okpanda Comparisons
Competitors of OKpanda
OKpanda 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 Open English, 51Talk, Tandem, Voxy and Babbel, 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 |
Online platform providing live English classes
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| domain | founded_year | HQ Location |
One-to-one online English tutoring is provided by 51Talk.
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| domain | founded_year | HQ Location |
A language learning app facilitating user-driven conversation exchanges.
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| domain | founded_year | HQ Location |
English language learning through online courses and tutoring
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| domain | founded_year | HQ Location |
SaaS-based language learning solutions are offered through interactive courses.
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| domain | founded_year | HQ Location |
Speech-recognition technology is utilized for language learning software solutions.
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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 OKpanda
When was OKpanda founded?
OKpanda was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is OKpanda located?
OKpanda is headquartered in New York, United States. It is registered at New York, New York, United States.
Is OKpanda a funded company?
OKpanda is a funded company, having raised a total of $3M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.4M, raised on Oct 20, 2013.
What does OKpanda do?
OKpanda is a Japan-focused English language learning platform. Offers a speech recognition feature that helps users acquire conversational English skills through interactions with digital avatars. Learners can interact with teachers and track their conversational skills. Teachers help the learners by answering queries and providing feedback through online chat.
Who are OKpanda's investors?
OKpanda has 6 investors. Key investors include Beenos, Resolute Ventures, 500 Global, Innovation Endeavors, and East Ventures.