Pettaverse

Seoul, South Korea Founded: 2022 • Age: 4 yrs
Metaverse platform for virtual pets is developed and connected.

About Pettaverse

Pettaverse is a company based in Seoul (South Korea) founded in 2022. Pettaverse has raised $7.3 million across 1 funding round. Pettaverse operates in a competitive market with competitors including IMVU, Hike, Genies, Soul Machines and Kinetix, among others.

  • Headquarter Seoul, South Korea
  • Sectors
    Technology
    Media & Entertainment Financial Services
  • Email
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  • Phone
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  • Website petaverse.global
  • Legal Name Petta Bus Co., Ltd.
Key Metrics
  • Total Equity Funding
    $7.3M (USD)

    in 1 rounds

  • Latest Funding Round
    $7.3M (USD), Series A

    Aug 2024

Funding Insights of Pettaverse

Pettaverse has successfully raised a total of $7.3M through 1 strategic funding round. The most recent funding activity was a Series A round of $7.3 million completed in August 2024. 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 $7.3M
  • Total Rounds 1
  • Last Round Series A β€” $7.3M
  • First Round $7.3M

    (Aug 2024)

All 1 funding rounds of Pettaverse with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2024$7.3MSeries A––
–

People of Pettaverse

1 people are tracked at Pettaverse (1 in leadership).

NameRoleGroup
Hyungwook Choi
CEOLeadership
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Timeline of Pettaverse

2 dated milestones of Pettaverse across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Pettaverse is founded.
  2. Funding First funding round of $7.3M.

Competitors of Pettaverse

Pettaverse 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 IMVU, Hike, Genies, Soul Machines and Kinetix, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
imvu.com2004Mountain View, United States$65M229
Provider of an online 3D avatar-based social network
hike.in2012Delhi, India$261M92
Hike is involved in building innovative digital solutions.
genies.com2011Los Angeles, United States$276.46M39
Mobile app and SDK for 3D avatar creation are provided.
soulmachines.com2016San Francisco, United States$117.5M–
AI-enabled 3D virtual avatars are developed for interactive applications.
kinetix.tech2020Paris, France$11.61M–
AI-driven motion capture is used for immersive content development.
goodganglabs.com2021Remote, United States$2M–
Avatar-based metaverse communication platform for games and services is developed.
readyplayer.me2020Tallinn, Estonia$69M29
AI-powered 3D avatar modeling tools are provided for metaverse applications.
unionavatars.com2020Barcelona, Spain$1.2M–
Developer of a platform to create personal 3D avatars
farcana.com2022Dubai, United Arab Emirates$10M–
NFT-based athlete avatar collectibles are traded on an online platform.
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Detailed competitors of Pettaverse

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  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

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Latest news on Pettaverse

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Similar companies to Pettaverse

10 companies that operate in the same segment as Pettaverse (Investment & Financial Technology), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Commission-free trading and investment services are provided by Robinhood.
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Online exchange platform for cryptocurrency
2017Ta Xbiex, MaltaUSD 2.02 B––
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs
2007Tel Aviv, IsraelUSD 422.94 MUSD 925.73 M–
Financial data and investment advisory tools are offered online.
1984Chicago, Illinois, United StatesUSD 91 MUSD 351.25 K6
App-based brokerage stock trading platform
1996Mumbai, Maharashtra, IndiaUSD 38.41 MUSD 548.9 M3,830
App-based platform for spare change investment
2012Irvine, California, United StatesUSD 587.84 M––
Smart investment portfolios are offered via an online platform.
2015Bengaluru, Karnataka, IndiaUSD 121.05 MUSD 635.51 K231
App-based automated investment and retirement planning platform
2010New York, New York, United StatesUSD 335 M––
Money Forward is engaged in providing financial technology solutions.
2012Minato, Tokyo, JapanUSD 42.9 MUSD 322.51 M2,600
Wealth management solutions are delivered for investment advisors.
2009Mountain View, California, United StatesUSD 759.1 M––
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Frequently Asked Questions about Pettaverse

Pettaverse was founded in 2022 and raised its 1st funding round 2 years after it was founded.

Pettaverse is headquartered in Seoul, South Korea.

Hyungwook Choi is the current CEO of Pettaverse.

Pettaverse is a funded company, having raised a total of $7.3M across 1 funding round to date. The company's 1st funding round was a Series A of $7.3M, raised on Aug 2024.

Pettaverse was founded in 2022 in Seoul, South Korea, as a developer in the metaverse sector focused on pets. A platform is provided for users to create virtual pet avatars and integrate them with other metaverse environments. Operations center on enabling digital interactions for pet owners through blockchain and virtual reality technologies, with services extending to cross-platform connectivity in the global pet tech industry.

Pettaverse's top competitors include Hike, Genies and IMVU.

Pettaverse operates through Petta Bus Co., Ltd..

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