Packagd

Philadelphia, United States Founded: 2016 • Age: 10 yrs Acquired By Facebook
Online video commerce platform offering a wide range of products
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About Packagd

Packagd is a company based in Philadelphia (United States) founded in 2016 was acquired by Facebook in December 2019.. Packagd has raised $7.5 million across 1 funding round from investors including Facebook, Kleiner Perkins and Forerunner Ventures. Packagd offers products and services including Bắn cá, Casino, and Nổ hũ. Packagd operates in a competitive market with competitors including Olapic, Down to Shop, Fuisz Video, Cinematique and Shoplandia, among others.

  • Headquarter Philadelphia, United States
  • Sectors
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $7.5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $7.5 M (USD), Series A

    Jun 08, 2017

  • Investors
    Facebook

    & 3 more

  • Employee Count
    Employee Count
  • Acquired by
    Facebook

    (Dec 20, 2019)

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Products & Services of Packagd

Packagd offers a comprehensive portfolio of products and services, including Bắn cá, Casino, and Nổ hũ. 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

Shooting game for catching fish and winning rewards

Platform for various betting games and table simulations

Slot machines with jackpots and bonus features for players

Funding Insights of Packagd

Packagd has successfully raised a total of $7.5M through 1 strategic funding round. The most recent funding activity was a Series A round of $7.5 million completed in June 2017. 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 Rounds 1
  • Last Round Series A — $7.5M
  • First Round

    (08 Jun 2017)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2017 Amount Series A - Packagd Valuation Forerunner Ventures , Google Ventures
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

Investors in Packagd

Packagd has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Facebook, Kleiner Perkins and Forerunner 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage investments are directed toward tech startups by Forerunner Ventures.
Founded Year Domain Location
Corporate backed venture capital fund investing in multiple sectors
Founded Year Domain Location
Venture capital firm investing in early-stage tech startups
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Packagd

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 - Packagd

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

Packagd Comparisons

Employees
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Competitors of Packagd

Packagd 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 Olapic, Down to Shop, Fuisz Video, Cinematique and Shoplandia, 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
User-generated images are aggregated and curated for brand marketing campaigns.
domain founded_year HQ Location
Multi-category products are sold online through video shopping features.
domain founded_year HQ Location
Provides technology to add interactive elements to videos.
domain founded_year HQ Location
Operates a shoppable video platform for users.
domain founded_year HQ Location
Delivers interactive video advertising solutions.
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.

Latest news on Packagd

Frequently Asked Questions about Packagd

When was Packagd founded?

Packagd was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Where is Packagd located?

Packagd is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.

Is Packagd a funded company?

Packagd is a funded company, having raised a total of $7.5M across 1 funding round to date. The company's 1st funding round was a Series A of $7.5M, raised on Jun 08, 2017.

What does Packagd do?

Packagd was founded in 2016 in Philadelphia, United States, as an online video commerce platform in the e-commerce sector. Mobile applications are operated to host shows where users can purchase various products, including tech items, gadgets, and devices. The platform facilitates direct buying through video content, serving customers primarily in the United States.

Who are the top competitors of Packagd?

Packagd's top competitors include Olapic, Playback and Down to Shop.

What products or services does Packagd offer?

Packagd offers Bắn cá, Casino, and Nổ hũ.

Who are Packagd's investors?

Packagd has 4 investors. Key investors include Facebook, Kleiner Perkins, Forerunner Ventures, and Google Ventures.

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