Piictu

New York, United States Founded: 2011 • Age: 15 yrs Acquired By Betaworks
Mobile app for photo conversations
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About Piictu

Piictu is a company based in New York (United States) founded in 2011 was acquired by Betaworks in May 2013.. Piictu has raised $1.73 million across 3 funding rounds from investors including SoftBank Group, Techstars and SoftBank. Piictu operates in a competitive market with competitors including Meitu, Instagram, Snapchat, ShareChat and 500px, among others.

  • Headquarter New York, United States
  • Sectors
    Media & Entertainment
    Telecommunications
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Media & Entertainment → Creative & Content Production
Telecommunications → Telecommunications Infrastructure & Services
Media & Entertainment → Creator Economy & Social Platforms
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.73 M (USD)

    in 3 rounds

  • Latest Funding Round
    $1 M (USD), Seed

    May 01, 2012

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Betaworks

    (May 22, 2013)

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Funding Insights of Piictu

Piictu has successfully raised a total of $1.73M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in May 2012. 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 3
  • Last Round Seed — $1.0M
  • First Round
  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2012 Amount Seed - Piictu Valuation

investors

Sep, 2011 Amount Seed - Piictu Valuation

investors

Jul, 2011 Amount Seed - Piictu Valuation

investors

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 Piictu

Piictu has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include SoftBank Group, Techstars and SoftBank. 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
VC firm investing in seed and early stage companies in the US
Founded Year Domain Location
Startups are accelerated globally without sector restrictions through structured programs.
Founded Year Domain Location
Investing in creators, organizing AI events, and building community in New York.
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 Piictu

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 - Piictu

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

Piictu Comparisons

Employees
+
Add Comparison
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Competitors of Piictu

Piictu 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 Meitu, Instagram, Snapchat, ShareChat and 500px, 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
Photo editing and sharing apps are developed by Meitu.
domain founded_year HQ Location
Social platform for photo and video sharing
domain founded_year HQ Location
Multimedia messaging application for ephemeral photos and videos is provided.
domain founded_year HQ Location
Media content is shared on an app-based social network platform.
domain founded_year HQ Location
Photos are shared, discovered, and sold on a community platform.
domain founded_year HQ Location
Mobile games and social platforms are developed and published.
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 Piictu

Frequently Asked Questions about Piictu

When was Piictu founded?

Piictu was founded in 2011.

Where is Piictu located?

Piictu is headquartered in New York, United States. It is registered at New York, New York, United States.

Is Piictu a funded company?

Piictu is a funded company, having raised a total of $1.73M across 3 funding rounds to date.

What does Piictu do?

Piictu was founded in 2011 in New York, United States, within the mobile social networking sector. A platform is provided through its app, piictu.com, where photos can be snapped and posted by users to engage in conversations. Live responses from friends and the broader community are facilitated, enabling collaboration around ideas across social networks. Operations focus on user-generated photo sharing and interactive feedback.

Who are the top competitors of Piictu?

Piictu's top competitors include Meitu, Instagram and ShareChat.

Who are Piictu's investors?

Piictu has 5 investors. Key investors include SoftBank Group, Techstars, SoftBank, RRE Ventures, and Betaworks.

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