About Play Octopus
Play Octopus is a company based in Bethesda (United States) founded in 2017 was acquired by T-Mobile in January 2022.. Play Octopus has raised $13.26 million across 1 funding round from investors including T-Mobile, Sinclair Broadcast Group and Match Capital. Play Octopus operates in a competitive market with competitors including dKilo, Xinchao Media, Rodeo, Drovo and Ara Labs, among others.
- Headquarter Bethesda, United States
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Sectors
Media & Entertainment
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Email
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Phone
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Website
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Social
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Funding Insights of Play Octopus
Play Octopus has successfully raised a total of $13.26M through 1 strategic funding round. The most recent funding activity was a Series A round of $13.26 million completed in September 2019. 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 Series A — $13.3M
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First Round
First Round
(03 Sep 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Series A - Play Octopus | Valuation | Sinclair Broadcast Group |
| 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 Play Octopus
Play Octopus has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include T-Mobile, Sinclair Broadcast Group and Match 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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Television stations and channels are owned and operated nationwide.
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Serves as a platform connecting investors with entrepreneurs.
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Mobile telecommunication services, internet connections, and device sales are provided.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Play Octopus
| 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 - Play Octopus
| 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 |
Play Octopus Comparisons
Competitors of Play Octopus
Play Octopus 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 dKilo, Xinchao Media, Rodeo, Drovo and Ara Labs, 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 cab advertising solutions are provided for real-time campaign management.
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Media advertising services are delivered via elevator TVs in China.
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| domain | founded_year | HQ Location |
Rodeo is engaged in transit media advertising solutions.
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| domain | founded_year | HQ Location |
Cab advertising solutions are provided via a targeted digital platform.
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Advertising services are provided by Ara Labs since 2016.
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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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On-demand services are booked through an app-based platform.
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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 Play Octopus
Frequently Asked Questions about Play Octopus
When was Play Octopus founded?
Play Octopus was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Play Octopus located?
Play Octopus is headquartered in Bethesda, United States. It is registered at Bethesda, Maryland, United States.
Is Play Octopus a funded company?
Play Octopus is a funded company, having raised a total of $13.26M across 1 funding round to date. The company's 1st funding round was a Series A of $13.26M, raised on Sep 03, 2019.
What does Play Octopus do?
Play Octopus was founded in 2017 in Bethesda, United States. In-car entertainment and advertising solutions are supplied to the rideshare sector. Pre-configured tablets equipped with games and content are distributed to drivers, while location-based short video ads are targeted at passengers. Partnerships with advertisers are established to integrate ads within Uber, Lyft, and similar services across urban areas.
Who are the top competitors of Play Octopus?
Play Octopus's top competitors include Xinchao Media, Rodeo and Ara Labs.
Who are Play Octopus's investors?
Play Octopus has 3 investors. Key investors include T-Mobile, Sinclair Broadcast Group, and Match Capital.