About PartyKit
PartyKit is a company based in London (United Kingdom) founded in 2023 by Sunil Pai was acquired by CloudFlare in April 2024.. PartyKit has raised $2.5 million across 1 funding round from investors including CloudFlare, Sequoia Capital and Cursor Capital. PartyKit offers products and services including PartyKit Platform. PartyKit operates in a competitive market with competitors including Netlify, OutSystems, Vercel, Komodor and Octopus Deploy, among others.
- Headquarter London, United Kingdom
- Founders Sunil Pai
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Sectors
Technology
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Email
***********
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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
$2.5 M (USD)
in 1 rounds
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Latest Funding Round
$2.5 M (USD), Seed
Sep 26, 2023
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Investors
CloudFlare
& 5 more
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Employee Count
Employee Count
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Acquired by
CloudFlare
(Apr 05, 2024)
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Products & Services of PartyKit
PartyKit offers a comprehensive portfolio of products and services, including PartyKit Platform. 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.
Enables realtime app and AI agent deployment with web standards integration.
Funding Insights of PartyKit
PartyKit has successfully raised a total of $2.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.5 million completed in September 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 — $2.5M
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First Round
First Round
(26 Sep 2023)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Seed - PartyKit | Valuation | Sequoia Capital |
| 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 PartyKit
PartyKit has secured backing from 6 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include CloudFlare, Sequoia Capital and Cursor Capital. 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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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Early-stage investments are made in technical startups by Cursor Capital.
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Founded Year | Domain | Location | |
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Micro VC fund investing in early stage startups
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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 PartyKit
| 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 - PartyKit
| 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 |
Partykit Comparisons
Competitors of PartyKit
PartyKit 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 Netlify, OutSystems, Vercel, Komodor and Octopus Deploy, 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 |
Cloud-based software for continuous application development and deployment.
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| domain | founded_year | HQ Location |
Low-code platform enables application development and deployment without coding.
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| domain | founded_year | HQ Location |
Serverless platform for Node.js app deployment is offered by Zeit.
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| domain | founded_year | HQ Location |
Cloud and K8 based Kubernetes native monitoring and troubleshooting platform provider
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| domain | founded_year | HQ Location |
Cloud-based software for continuous application deployment is provided.
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| domain | founded_year | HQ Location |
Continuous deployment platform for cloud-based web applications is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Partykit
Frequently Asked Questions about PartyKit
When was PartyKit founded?
PartyKit was founded in 2023.
Where is PartyKit located?
PartyKit is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of PartyKit?
Sunil Pai is the current CEO of PartyKit. They have also founded this company.
Is PartyKit a funded company?
PartyKit is a funded company, having raised a total of $2.5M across 1 funding round to date. The company's 1st funding round was a Seed of $2.5M, raised on Sep 26, 2023.
What does PartyKit do?
PartyKit was founded in 2023 in London, United Kingdom, as an open-source platform in the software deployment sector. Real-time multiplayer collaborative applications, games, and websites are built and deployed through its tools, which include analytics, secrets management, and staging environments. Operations focus on supporting developers in creating and managing these applications efficiently.
Who are the top competitors of PartyKit?
PartyKit's top competitors include Netlify, OutSystems and Komodor.
What products or services does PartyKit offer?
PartyKit offers PartyKit Platform.
Who are PartyKit's investors?
PartyKit has 6 investors. Key investors include CloudFlare, Sequoia Capital, Cursor Capital, Remote First Capital, and Matthew Prince.
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