About Paprika Lab
Paprika Lab is a company based in Seoul (South Korea) founded in 2007 was acquired by Gree in June 2012. Paprika Lab has raised $3 million across 1 funding round from investors including GREE. Paprika Lab operates in a competitive market with competitors including Playtika, Playco, World Golf Tour, Xindong Network and Giant Interactive Group, among others.
- Headquarter Seoul, South Korea
- SectorsMedia & Entertainment
- Website paprikalab.com
- Social LinkedIn X Facebook
- Acquired by Gree (Jun 2012)
Funding Insights of Paprika Lab
Paprika Lab has successfully raised a total of $3M through 1 strategic funding round. The most recent funding activity was a Series A round of $3 million completed in October 2011. 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 $3M
- Total Rounds 1
- Last Round Series A — $3M
- First Round $3M
(Oct 2011)
All 1 funding rounds of Paprika Lab with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2011 | $3M | Series A | – | – | – |
1 investors in total: 1 institutional.
Investors in Paprika Lab
Paprika Lab has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include GREE.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Gree was founded by Yoshikazu Tanaka as a Japanese company. | – | gree.jp | Japan |
Investor details for Paprika Lab
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Paprika Lab
3 dated milestones of Paprika Lab across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Paprika Lab is founded.
- Funding First funding round of $3.0M.
- Exit Acquired by Gree.
Competitors of Paprika Lab
Paprika Lab 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 Playtika, Playco, World Golf Tour, Xindong Network and Giant Interactive Group, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| playtika.com | 2010 | Tel Aviv, Israel | $1.5M | – | Casual games are developed for mobile and web platforms. | |
| play.co | 2020 | Tokyo, Japan | $100M | 40 | Developer of social web games for PC and console | |
| wgt.com | 1995 | San Francisco, United States | $10M | 55 | Golf-focused video games are developed and published independently. | |
| xd.com | 2003 | Shanghai, China | $39.3M | – | Web-based PC games are developed by Xindong Network. | |
| ga-me.com | 2004 | Shanghai, China | $164.33M | – | MMO games are developed by a China-based company. | |
| splashmusic.com | 2017 | Brisbane, Australia | $20.12M | – | PC and console musical gameplay is developed with AI instruments. | |
| forgame.com | 2009 | Guangzhou, China | $72.79M | – | Web and mobile games are developed and published in China. | |
| bombayplay.com | 2018 | Bengaluru, India | $9.5M | 56 | Hybrid casual mobile games are developed and published. | |
| slide.com | 2005 | San Francisco, United States | $78M | – | Widgets and photo sharing apps are developed for social entertainment. | |
| innogames.com | 2007 | Hamburg, Germany | – | 394 | Web & mobile games developer |
Detailed competitors of Paprika Lab
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to Paprika Lab
10 companies that operate in the same segment as Paprika Lab (MMORPG & Online Gaming), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Casual games developer and publisher for mobile and web platforms | 2007 | San Francisco, California, United States | USD 525.6 M | USD 49.68 M | 624 | |
Developer of mobile-based casual video games | 2017 | London, England, United Kingdom | USD 202 M | – | – | |
Operator of a platform providing skill-based games and interactive entertainment | 2018 | Delhi, Delhi, India | USD 92 M | USD 83.05 M | 1 | |
Provider of cross-platform game engine technology | 1991 | Cary, North Carolina, United States | USD 8.13 B | – | 771 | |
Mobile games are developed and published by Jam City. | 2007 | Culver City, California, United States | USD 499.49 M | – | – | |
Operator of a multifaceted platform for sports content and experiences | 2008 | Mumbai, Maharashtra, India | USD 1.34 B | USD 509.95 K | – | |
Mobile social games and services are developed and operated globally. | 1999 | Shibuya, Tokyo, Japan | – | USD 926.03 M | 2,570 | |
Skill-based online games are provided through a technology-driven platform. | 2006 | Mumbai, Maharashtra, India | USD 99.06 M | – | – | |
Diversified gaming and sports media platforms are operated and developed. | 1999 | Mumbai, Maharashtra, India | USD 127.93 M | USD 194.94 M | 63 | |
Casino games are developed for mobile and web platforms. | 2011 | Burlingame, California, United States | USD 36.17 M | USD 235.1 M | 568 |
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Frequently Asked Questions about Paprika Lab
Paprika Lab was founded in 2007 and raised its 1st funding round 4 years after it was founded.
Paprika Lab is headquartered in Seoul, South Korea.
Paprika Lab is a funded company, having raised a total of $3M across 1 funding round to date. The company's 1st funding round was a Series A of $3M, raised on Oct 2011.
Paprika Lab was founded in 2007 in Seoul, South Korea, as a developer of social games for platforms and mobile devices. Operations focus on game creation within the entertainment sector. The company was acquired by Japanese firm GREE in 2012, and 3 million in funding was raised, as noted in the founders profile. Activities remain centered in the South Korean capital.
Paprika Lab's top competitors include Playco, Playtika and World Golf Tour.
Paprika Lab has 1 investor. Key investors include GREE.
Yes. Paprika Lab was acquired by Gree in June 2012.