About Paltalk
Paltalk is a company based in New York (United States) founded in 1998. Paltalk has raised $6 million across 1 funding round from investors including SoftBank. Paltalk has completed 3 acquisitions, including Easy To Send, Tiny Media and Vumber. Paltalk operates in a competitive market with competitors including HyperConnect, OmeTV, BuzzCast, Holla and ChatSpin, among others.
- Headquarter New York, United States
- Stage Public
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Sectors
Telecommunications
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Phone
Locked
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Website
Locked
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Social
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Annual Revenue
$10.98 M (USD)0as on Dec 31, 2023
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Net Profit
-$1.07 M (USD)69as on Dec 31, 2023
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EBITDA
-$2.07 M (USD)43as on Dec 31, 2023
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Total Equity Funding
$6 M (USD)
in 1 rounds
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Latest Funding Round
$6 M (USD), Series A
Apr 01, 2004
- Investors
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Employee Count
Not available
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Investments & Acquisitions
Easy To Send
& 2 more
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People of Paltalk
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Funding Insights of Paltalk
Paltalk has successfully raised a total of $6M through 1 strategic funding round. The most recent funding activity was a Series A round of $6 million completed in April 2004. 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.
Investors in Paltalk
Paltalk has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include SoftBank.
| Investor | Description | Founded Year | Domain | Location |
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PE and VC fund focused on fintech, Adtech, gaming, eCommerce, and multiple sectors
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Locked | Locked | Locked |
Investor details for Paltalk
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Investments & Acquisitions by Paltalk
Paltalk has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Easy To Send, Tiny Media and Vumber.
Investment portfolio details for Paltalk
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Web-based video chat for up to 12 users is provided.
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Locked | Locked | 2009 | Locked | |
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Virtual numbers are provided to US businesses as second lines.
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Locked | Locked | 2007 | Locked | |
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Provider of software development services
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Locked | Locked | 2003 | Locked |
Complete acquisition details for Paltalk
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
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- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Paltalk
Detailed financials for Paltalk
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
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Paltalk Comparisons
Peer comparison for Paltalk
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of Paltalk
Paltalk 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 HyperConnect, OmeTV, BuzzCast, Holla and ChatSpin, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Cloud-based platforms for mobile communication and social entertainment are offered.
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Free random video chat platform connecting users worldwide via webcam instantly.
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Social community platform is provided for peer one-to-one chats.
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Mobile video chats with strangers are matched and facilitated.
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Offers a mobile application for seamless video chatting and social connections.
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Detailed competitors of Paltalk
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Latest news on Paltalk
Complete news archive for Paltalk
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Frequently Asked Questions about Paltalk
Paltalk was founded in 1998 and raised its 1st funding round 6 years after it was founded.
Paltalk is headquartered in New York, United States. It is registered at New York, New York, United States.
Paltalk is a funded company, having raised a total of $6M across 1 funding round to date.
Annual revenue of Paltalk is $10.98M as on Dec 31, 2023.
Founded in 1998 and based in New York, United States, Paltalk operates in the communications sector. Group video, audio, and text chat services are provided for consumers and businesses via PC, browser, mobile, and tablet devices. Virtual communities are hosted, supporting thousands of simultaneous real-time conversations focused on topics, interests, content, and culture through many-to-many interactions.
Paltalk's top competitors include BuzzCast, HyperConnect and Holla.
Paltalk has made 3 acquisitions, including Easy To Send, Tiny Media, and Vumber.
Paltalk has 1 investor. Key investors include SoftBank.